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

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

10 day averaged volume of Srusteels is 308064

Date Daily Closing Price Open High Low Volume
24 Fri Mar 2023 22.36 22.40 23.11 22.00 0.571 times
23 Thu Mar 2023 23.06 24.24 24.24 22.20 0.97 times
22 Wed Mar 2023 23.11 22.25 23.11 21.80 0.942 times
21 Tue Mar 2023 22.01 21.94 22.65 21.00 0.87 times
20 Mon Mar 2023 21.87 22.45 22.45 21.00 1.182 times
17 Fri Mar 2023 21.53 21.38 21.55 20.00 1.532 times
16 Thu Mar 2023 20.53 19.05 20.53 19.00 1.264 times
15 Wed Mar 2023 19.56 19.38 19.56 18.63 1.833 times
14 Tue Mar 2023 18.63 18.63 18.63 18.63 1.023 times
13 Mon Mar 2023 17.75 17.75 17.75 17.75 0.006 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.3, but if it comes below 21.3, then a intra day sell could be more profitable.
If you take a sell trade below 21.3, then use 21.3 as stoploss and 18.51 as target. However if you take a buy trade in stock , then use 21.3 as stoploss and 24.7 as target.

Share price targets for Srusteels (Srusteels)

Target Type Value
Downside Target 14.85
Downside Target 15.30
Downside Target 15.76
Downside Target 16.90
Downside Target 17.75
Downside Target 18.70
Downside Target 18.95
Downside Target 21.00
Downside Target 21.55
Upside Target 22.60
Upside Target 24.24

Intraday share price targets for Srusteels (Srusteels)

Target Type Value
Downside Intraday Target 20.83
Downside Intraday Target 19.29
Upside Intraday Target 24.07
Upside Intraday Target 25.77
Upside Intraday Target 22.53

Weekly technical analysis of Srusteels (Srusteels)

Date Weekly Closing Price Open High Low Volume
24 Fri Mar 2023 22.36 22.45 24.24 21.00 0.801 times
17 Fri Mar 2023 21.53 17.75 21.55 17.75 11.928 times
10 Fri Mar 2023 16.91 16.70 16.91 15.76 2.312 times
03 Fri Mar 2023 16.00 16.10 16.90 15.30 1.61 times
24 Fri Feb 2023 15.80 18.70 18.70 14.85 0.098 times

Price has moved up 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 Srusteels (Srusteels)

Date Monthly Closing Price Open High Low Volume
24 Fri Mar 2023 22.36 15.95 24.24 15.30 2.065 times
28 Tue Feb 2023 15.95 19.80 22.60 14.85 1.5 times
31 Tue Jan 2023 18.95 17.10 18.95 17.05 1068101 times
24 Fri Sep 2021 17.10 17.10 17.10 17.10 0 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Srusteels (Srusteels)

Indicator Name Indicator Value Indicator Signal
ADX 40, 7, 70 Buy
MACD 2, 1Buy
Stochastics 86Buy
CCI 69Sell
RSI 61Buy
OBV 2261951Sell
VWAP 21Buy
ADL 0Sell
ROC 32Buy
Force Index 0Sell

Price action analysis of Srusteels ( (Srusteels) ) based on a short 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.

Price action analysis of Srusteels ( (Srusteels) ) based on a short 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.

Price action analysis of Srusteels ( (Srusteels) ) based on a short to mid 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.

Price action analysis of Srusteels ( (Srusteels) ) based on a mid to longer term time period is

ADX buy sell signal for Srusteels stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Srusteels in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Srusteels Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Srusteels in short term but SELL 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Srusteels is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.18 and Srusteels (Srusteels) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.

Srusteels Stock is giving positive 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 Srusteels 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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