(Salsteel) Salsteel complete technical analysis [charts+indicators] | Buy/Sell Salsteel | (Salsteel) share price targets
Complete technical analysis of Salsteel (Salsteel) by charts plus indicators, forecast predictions and share price targets for Salsteel (Salsteel)
10 day averaged volume of Salsteel is 26123
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 13.64 | 13.59 | 14.05 | 13.15 | 0.816 times |
| 29 Wed Mar 2023 | 13.59 | 12.89 | 13.63 | 12.89 | 0.284 times |
| 28 Tue Mar 2023 | 13.09 | 13.86 | 14.00 | 13.02 | 1.556 times |
| 27 Mon Mar 2023 | 13.70 | 14.14 | 14.14 | 13.59 | 1.684 times |
| 24 Fri Mar 2023 | 14.29 | 14.20 | 14.51 | 14.20 | 0.663 times |
| 23 Thu Mar 2023 | 14.34 | 14.55 | 14.99 | 14.20 | 0.789 times |
| 22 Wed Mar 2023 | 14.88 | 14.77 | 15.44 | 14.75 | 0.403 times |
| 21 Tue Mar 2023 | 15.08 | 14.50 | 15.19 | 14.50 | 0.944 times |
| 20 Mon Mar 2023 | 14.75 | 15.14 | 15.50 | 14.75 | 0.953 times |
| 17 Fri Mar 2023 | 15.14 | 15.01 | 15.50 | 15.01 | 0.31 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.1, but if it comes above 14.1, then a intra day buy could be more profitable.
If you take a sell trade below 14.1, then use 14.1 as stoploss and 12.6 as target. However if you take a buy trade in stock , then use 14.1 as stoploss and 15.33 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 12.28 |
| Downside Target | 12.89 |
| Upside Target | 13.91 |
| Upside Target | 15.01 |
| Upside Target | 15.50 |
| Upside Target | 16.21 |
| Upside Target | 16.50 |
| Upside Target | 17.39 |
| Upside Target | 17.52 |
| Upside Target | 18.90 |
| Upside Target | 23.25 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 12.97 |
| Downside Intraday Target | 12.31 |
| Upside Intraday Target | 14.22 |
| Upside Intraday Target | 14.81 |
| Downside Intraday Target | 13.56 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 13.64 | 14.14 | 14.14 | 12.89 | 1.157 times |
| 24 Fri Mar 2023 | 14.29 | 15.14 | 15.50 | 14.20 | 0.766 times |
| 17 Fri Mar 2023 | 15.14 | 16.50 | 16.50 | 15.01 | 3.267 times |
| 10 Fri Mar 2023 | 16.38 | 16.60 | 17.39 | 16.31 | 0.218 times |
| 03 Fri Mar 2023 | 17.17 | 17.05 | 17.52 | 15.75 | 1.166 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 13.64 | 15.75 | 17.52 | 12.89 | 0.409 times |
| 28 Tue Feb 2023 | 16.40 | 18.00 | 18.90 | 15.75 | 0.282 times |
| 31 Tue Jan 2023 | 18.50 | 15.10 | 23.25 | 15.10 | 2.327 times |
| 30 Fri Dec 2022 | 15.06 | 13.26 | 16.21 | 12.28 | 1.382 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Salsteel (Salsteel)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 12, 31, 45 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 17 | Sell |
| CCI | -76 | Buy |
| RSI | 58 | Buy |
| OBV | -197114 | Sell |
| VWAP | 14 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salsteel ( (Salsteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salsteel ( (Salsteel) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Salsteel in short term and the sell signal is strong.
Salsteel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salsteel in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Salsteel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 14.07 and Salsteel (Salsteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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