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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 2024-03-15 View latest technical analysis

10 day averaged volume of Steel Exch is 1417216

Date Daily Closing Price Open High Low Volume
15 Fri Mar 2024 13.03 13.20 13.35 12.71 0.67 times
14 Thu Mar 2024 12.94 11.64 13.30 11.64 0.886 times
13 Wed Mar 2024 12.41 13.45 13.63 12.25 1.7 times
12 Tue Mar 2024 13.50 14.34 14.34 13.37 0.371 times
11 Mon Mar 2024 14.16 15.18 15.22 14.07 1.517 times
07 Thu Mar 2024 15.17 13.72 15.19 13.66 2.028 times
06 Wed Mar 2024 13.81 14.40 14.44 13.60 1.015 times
05 Tue Mar 2024 14.32 14.41 14.60 14.16 0.814 times
04 Mon Mar 2024 14.61 15.09 15.09 14.50 0.971 times
02 Sat Mar 2024 14.95 14.69 15.19 14.56 0.113 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.5, but if it comes above 13.5, then a intra day buy could be more profitable.
If you take a sell trade below 13.5, then use 13.5 as stoploss and 12.2 as target. However if you take a buy trade in stock , then use 13.5 as stoploss and 14.6 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 11.64
Upside Target 13.60
Upside Target 14.05
Upside Target 15.19
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 11.37
Downside Intraday Target 9.72
Upside Intraday Target 14.95
Upside Intraday Target 16.88
Upside Intraday Target 13.3

Weekly technical analysis of Steel Exch (SteelExch)

Date Weekly Closing Price Open High Low Volume
15 Fri Mar 2024 13.03 15.18 15.22 11.64 1.065 times
07 Thu Mar 2024 15.17 15.09 15.19 13.60 1.248 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

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
15 Fri Mar 2024 13.03 14.79 15.22 11.64 0.404 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 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 Steel Exch (SteelExch)

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 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 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 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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.89 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 negative.

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 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 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 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 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 and the sell signal is strong.

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 red color and prices are below the red cloud Prices appear to be moving up

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.89 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 negative.

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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