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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)

10 day averaged volume of Steel Exch is 214196

Date Daily Closing Price Open High Low Volume
29 Wed Mar 2023 13.01 12.60 13.55 12.50 2.083 times
28 Tue Mar 2023 12.94 13.62 13.62 12.94 2.522 times
27 Mon Mar 2023 13.62 13.90 13.91 13.22 0.724 times
24 Fri Mar 2023 13.85 13.85 14.00 13.48 0.511 times
23 Thu Mar 2023 13.84 14.09 14.09 13.65 0.27 times
22 Wed Mar 2023 14.04 13.61 14.25 13.61 0.851 times
21 Tue Mar 2023 14.07 13.90 14.34 13.70 1.731 times
20 Mon Mar 2023 14.23 14.27 14.55 13.88 0.398 times
17 Fri Mar 2023 14.27 15.20 15.20 14.22 0.754 times
16 Thu Mar 2023 14.96 15.35 15.37 14.89 0.679 times

Stock of Steel Exch (SteelExch) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.8, but if it comes above 13.8, then a intra day buy could be more profitable.
If you take a sell trade below 13.8, then use 13.8 as stoploss and 12.3 as target. However if you take a buy trade in stock , then use 13.8 as stoploss and 14.97 as target.

Share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Target 11.10
Downside Target 12.20
Downside Target 12.50
Downside Target 12.75
Upside Target 13.02
Upside Target 13.34
Upside Target 13.91
Upside Target 14.22
Upside Target 14.55
Upside Target 15.13
Upside Target 15.77
Upside Target 16.50
Upside Target 16.65
Upside Target 17.20

Intraday share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Intraday Target 12.37
Downside Intraday Target 11.73
Upside Intraday Target 13.78
Upside Intraday Target 14.55
Upside Intraday Target 13.14

Weekly technical analysis of Steel Exch (SteelExch)

Date Weekly Closing Price Open High Low Volume
29 Wed Mar 2023 13.01 13.90 13.91 12.50 1.417 times
24 Fri Mar 2023 13.85 14.27 14.55 13.48 0.358 times
17 Fri Mar 2023 14.27 16.35 16.65 14.22 2.477 times
10 Fri Mar 2023 16.66 15.95 17.20 15.77 0.725 times
03 Fri Mar 2023 16.22 15.90 16.50 15.13 0.855 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
29 Wed Mar 2023 13.01 15.51 17.20 12.50 0.961 times
28 Tue Feb 2023 15.80 13.35 15.94 12.20 0.769 times
31 Tue Jan 2023 13.02 14.08 15.83 13.02 0.817 times
30 Fri Dec 2022 13.83 13.44 15.99 12.75 1.778 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)

Indicator Name Indicator Value Indicator Signal
ADX 7, 34, 67 Sell
MACD -1, -0Sell
Stochastics 11Sell
CCI -136Sell
RSI 49Sell
OBV -2491104Sell
VWAP 14Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

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 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 Steel Exch stock for short term is SELL. Signal strength is Strong and stock is gaining 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 SELL signal for Steel Exch in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 13.62 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

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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