(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 2024-08-21 View latest technical analysis
10 day averaged volume of Salsteel is 13193
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 20.66 | 19.65 | 20.66 | 19.65 | 2.957 times |
| 20 Tue Aug 2024 | 19.68 | 19.60 | 20.22 | 19.15 | 1.923 times |
| 19 Mon Aug 2024 | 19.26 | 19.44 | 19.75 | 19.20 | 0.388 times |
| 16 Fri Aug 2024 | 19.06 | 19.39 | 19.78 | 19.00 | 1.112 times |
| 14 Wed Aug 2024 | 18.93 | 19.00 | 19.60 | 18.05 | 0.435 times |
| 13 Tue Aug 2024 | 18.76 | 19.40 | 19.70 | 18.75 | 0.798 times |
| 12 Mon Aug 2024 | 19.37 | 20.15 | 20.15 | 19.20 | 1.017 times |
| 09 Fri Aug 2024 | 20.07 | 19.61 | 20.07 | 19.61 | 0.755 times |
| 08 Thu Aug 2024 | 19.75 | 20.40 | 20.40 | 19.75 | 0.219 times |
| 07 Wed Aug 2024 | 20.15 | 19.97 | 20.37 | 19.97 | 3.079 times |
Stock of Salsteel (Salsteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 20.9 as stoploss in an intra day sell trade for a target of 20.08. However, stock will show a bullish move above 20.9.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.55 |
| Downside Target | 18.05 |
| Downside Target | 19.15 |
| Downside Target | 20.66 |
| Upside Target | 20.78 |
| Upside Target | 21.27 |
| 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 | 19.65 |
| Downside Intraday Target | 18.65 |
| Upside Intraday Target | 21.16 |
| Upside Intraday Target | 21.67 |
| Downside Intraday Target | 20.16 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 20.66 | 19.44 | 20.66 | 19.15 | 1.567 times |
| 16 Fri Aug 2024 | 19.06 | 20.15 | 20.15 | 18.05 | 0.72 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Wed Aug 2024 | 20.66 | 21.63 | 21.63 | 18.05 | 0.508 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) based on a mid to longer 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.
ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salsteel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 19.87 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel Stock is giving positive 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 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 short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) based on a mid to longer 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.
ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salsteel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 19.87 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel Stock is giving positive 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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