(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)
Showing technical analysis as on 2024-08-12 View latest technical analysis
10 day averaged volume of Salsteel is 21320
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 19.37 | 20.15 | 20.15 | 19.20 | 0.629 times |
| 09 Fri Aug 2024 | 20.07 | 19.61 | 20.07 | 19.61 | 0.467 times |
| 08 Thu Aug 2024 | 19.75 | 20.40 | 20.40 | 19.75 | 0.135 times |
| 07 Wed Aug 2024 | 20.15 | 19.97 | 20.37 | 19.97 | 1.905 times |
| 06 Tue Aug 2024 | 20.37 | 20.37 | 20.37 | 20.37 | 0.17 times |
| 05 Mon Aug 2024 | 20.78 | 20.78 | 20.78 | 20.78 | 0.212 times |
| 02 Fri Aug 2024 | 21.20 | 21.20 | 21.36 | 21.20 | 1.436 times |
| 01 Thu Aug 2024 | 21.63 | 21.63 | 21.63 | 21.63 | 2.213 times |
| 31 Wed Jul 2024 | 21.21 | 21.21 | 21.21 | 21.21 | 1.644 times |
| 30 Tue Jul 2024 | 20.80 | 20.80 | 20.80 | 20.80 | 0.785 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.8, but if it comes above 19.8, then a intra day buy could be more profitable.
If you take a sell trade below 19.8, then use 19.8 as stoploss and 19 as target. However if you take a buy trade in stock , then use 19.8 as stoploss and 20.39 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.55 |
| Downside Target | 18.32 |
| Downside Target | 19.20 |
| Upside Target | 20.78 |
| Upside Target | 21.27 |
| Upside Target | 21.28 |
| Upside Target | 21.63 |
| Upside Target | 22.62 |
| Upside Target | 22.85 |
| Upside Target | 24.46 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 19 |
| Downside Intraday Target | 18.62 |
| Upside Intraday Target | 19.95 |
| Upside Intraday Target | 20.52 |
| Upside Intraday Target | 19.57 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 19.37 | 20.15 | 20.15 | 19.20 | 0.218 times |
| 09 Fri Aug 2024 | 20.07 | 20.78 | 20.78 | 19.61 | 0.406 times |
| 02 Fri Aug 2024 | 21.20 | 20.00 | 21.63 | 20.00 | 1.591 times |
| 26 Fri Jul 2024 | 20.00 | 19.94 | 20.00 | 19.36 | 3.56 times |
| 19 Fri Jul 2024 | 20.34 | 20.86 | 21.28 | 20.34 | 0.589 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 |
| 12 Mon Aug 2024 | 19.37 | 21.63 | 21.63 | 19.20 | 0.307 times |
| 31 Wed Jul 2024 | 21.21 | 21.30 | 24.46 | 19.36 | 0.777 times |
| 28 Fri Jun 2024 | 20.29 | 19.10 | 22.85 | 18.32 | 1.444 times |
| 31 Fri May 2024 | 19.45 | 19.95 | 22.62 | 17.55 | 1.696 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)
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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
Stock of Salsteel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.84 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.
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 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 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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
Stock of Salsteel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.84 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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