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(SteelExch) Steel Exch complete technical analysis [charts+indicators] | Buy/Sell Steel Exch | (SteelExch) share price targets

Complete technical analysis of Steel Exch (SteelExch) by charts plus indicators, forecast predictions and share price targets for Steel Exch (SteelExch)

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Steel Exch is 1061524

Date Daily Closing Price Open High Low Volume
04 Mon Mar 2024 14.61 15.09 15.09 14.50 1.296 times
02 Sat Mar 2024 14.95 14.69 15.19 14.56 0.151 times
01 Fri Mar 2024 14.54 14.79 14.85 14.41 0.781 times
29 Thu Feb 2024 14.55 14.59 14.92 14.05 0.668 times
28 Wed Feb 2024 14.49 14.51 15.11 14.21 1.303 times
27 Tue Feb 2024 14.60 14.97 15.16 14.50 1.345 times
26 Mon Feb 2024 14.97 15.85 15.97 14.90 0.916 times
23 Fri Feb 2024 15.84 15.93 16.06 15.75 1.139 times
22 Thu Feb 2024 15.92 16.00 16.01 15.21 1.283 times
21 Wed Feb 2024 15.86 16.23 16.23 15.65 1.156 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.7, but if it comes above 14.7, then a intra day buy could be more profitable.
If you take a sell trade below 14.7, then use 14.7 as stoploss and 13.8 as target. However if you take a buy trade in stock , then use 14.7 as stoploss and 15.36 as target.

Share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Target 8.25
Downside Target 9.52
Downside Target 10.29
Downside Target 10.94
Downside Target 11.25
Downside Target 13.69
Downside Target 14.05
Downside Target 14.41
Upside Target 15.09
Upside Target 15.97
Upside Target 15.99
Upside Target 16.75
Upside Target 17.87
Upside Target 18.42

Intraday share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Intraday Target 14.38
Downside Intraday Target 14.14
Upside Intraday Target 14.97
Upside Intraday Target 15.32
Upside Intraday Target 14.73

Weekly technical analysis of Steel Exch (SteelExch)

Date Weekly Closing Price Open High Low Volume
04 Mon Mar 2024 14.61 15.09 15.09 14.50 0.251 times
02 Sat Mar 2024 14.95 15.85 15.97 14.05 0.811 times
23 Fri Feb 2024 15.84 15.45 16.75 15.21 0.986 times
16 Fri Feb 2024 15.44 15.99 15.99 13.69 0.502 times
09 Fri Feb 2024 15.82 17.24 17.87 15.26 0.392 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 Steel Exch (SteelExch)

Date Monthly Closing Price Open High Low Volume
04 Mon Mar 2024 14.61 14.79 15.19 14.41 0.063 times
29 Thu Feb 2024 14.55 17.52 17.87 13.69 0.335 times
31 Wed Jan 2024 17.36 10.64 18.42 10.29 6.054 times
29 Fri Dec 2023 10.49 10.17 10.94 9.52 1.174 times

Scroll below to view daily charts

Price has moved up 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 Steel Exch (SteelExch)

Price action analysis of Steel Exch ( (SteelExch) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Steel Exch ( (SteelExch) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Steel Exch stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Steel Exch in short term but the sell signal is initial and weak.

Steel Exch 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Exch 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 Steel Exch is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.07 and Steel Exch (SteelExch) 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 Steel Exch (SteelExch) stock. Volume based technical analysis of Steel Exch (SteelExch) stock is negative.

Steel Exch Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Steel Exch ( (SteelExch) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Steel Exch ( (SteelExch) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Steel Exch stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Steel Exch in short term but the sell signal is initial and weak.

Steel Exch 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Exch 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 Steel Exch is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.07 and Steel Exch (SteelExch) 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 Steel Exch (SteelExch) stock. Volume based technical analysis of Steel Exch (SteelExch) stock is negative.

Steel Exch Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Steel Exch charts

Click here for further forecast and predictions for tomorrow

Daily charts

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