(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 19196
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 15.08 | 14.50 | 15.19 | 14.50 | 1.285 times |
| 20 Mon Mar 2023 | 14.75 | 15.14 | 15.50 | 14.75 | 1.297 times |
| 17 Fri Mar 2023 | 15.14 | 15.01 | 15.50 | 15.01 | 0.422 times |
| 16 Thu Mar 2023 | 15.31 | 16.29 | 16.29 | 15.25 | 3.283 times |
| 15 Wed Mar 2023 | 15.84 | 16.16 | 16.24 | 15.75 | 0.476 times |
| 14 Tue Mar 2023 | 16.00 | 15.81 | 16.45 | 15.54 | 1.265 times |
| 13 Mon Mar 2023 | 16.17 | 16.50 | 16.50 | 15.91 | 1.218 times |
| 10 Fri Mar 2023 | 16.38 | 16.50 | 16.68 | 16.31 | 0.277 times |
| 09 Thu Mar 2023 | 16.54 | 16.75 | 17.14 | 16.42 | 0.809 times |
| 08 Wed Mar 2023 | 16.82 | 16.65 | 16.95 | 16.45 | 0.501 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.6, but if it comes above 15.6, then a intra day buy could be more profitable.
If you take a sell trade below 15.6, then use 15.6 as stoploss and 14.6 as target. However if you take a buy trade in stock , then use 15.6 as stoploss and 16.46 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 11.65 |
| Downside Target | 12.28 |
| Downside Target | 13.91 |
| Downside Target | 14.50 |
| Downside Target | 15.01 |
| Upside Target | 15.50 |
| Upside Target | 16.21 |
| Upside Target | 17.00 |
| Upside Target | 17.39 |
| Upside Target | 17.52 |
| Upside Target | 18.65 |
| Upside Target | 18.90 |
| Upside Target | 23.25 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 14.55 |
| Downside Intraday Target | 14.03 |
| Upside Intraday Target | 15.55 |
| Upside Intraday Target | 16.03 |
| Downside Intraday Target | 15.03 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 15.08 | 15.14 | 15.50 | 14.50 | 0.388 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 |
| 24 Fri Feb 2023 | 17.30 | 18.00 | 18.65 | 17.00 | 0.571 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 |
| 21 Tue Mar 2023 | 15.08 | 15.75 | 17.52 | 14.50 | 0.272 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 | 8, 28, 57 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 9 | Sell |
| CCI | -115 | Sell |
| RSI | 63 | Buy |
| OBV | -267879 | Sell |
| VWAP | 16 | 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 gaining 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 SELL signal for Salsteel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Salsteel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.6 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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