(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 2024-08-27 View latest technical analysis
10 day averaged volume of Salsteel is 41368
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 22.89 | 25.40 | 25.79 | 22.66 | 3.076 times |
| 26 Mon Aug 2024 | 24.88 | 23.99 | 24.88 | 23.50 | 4.792 times |
| 23 Fri Aug 2024 | 22.62 | 21.69 | 22.77 | 21.26 | 1.611 times |
| 22 Thu Aug 2024 | 21.69 | 20.75 | 21.69 | 20.66 | 0.844 times |
| 21 Wed Aug 2024 | 20.66 | 19.65 | 20.66 | 19.65 | 0.943 times |
| 20 Tue Aug 2024 | 19.68 | 19.60 | 20.22 | 19.15 | 0.613 times |
| 19 Mon Aug 2024 | 19.26 | 19.44 | 19.75 | 19.20 | 0.124 times |
| 16 Fri Aug 2024 | 19.06 | 19.39 | 19.78 | 19.00 | 0.355 times |
| 14 Wed Aug 2024 | 18.93 | 19.00 | 19.60 | 18.05 | 0.139 times |
| 13 Tue Aug 2024 | 18.76 | 19.40 | 19.70 | 18.75 | 0.254 times |
Stock of Salsteel (Salsteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.2, but if it comes below 22.2, then a intra day sell could be more profitable.
If you take a sell trade below 22.2, then use 22.2 as stoploss and 20.69 as target. However if you take a buy trade in stock , then use 22.2 as stoploss and 24 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.55 |
| Downside Target | 18.05 |
| Downside Target | 19.15 |
| Downside Target | 20.78 |
| Downside Target | 21.27 |
| Downside Target | 22.62 |
| Downside Target | 22.66 |
| Downside Target | 22.77 |
| Downside Target | 22.85 |
| Upside Target | 24.46 |
| Upside Target | 25.79 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 21.77 |
| Downside Intraday Target | 20.65 |
| Upside Intraday Target | 24.9 |
| Upside Intraday Target | 26.91 |
| Upside Intraday Target | 23.78 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 22.89 | 23.99 | 25.79 | 22.66 | 1.902 times |
| 23 Fri Aug 2024 | 22.62 | 19.44 | 22.77 | 19.15 | 3.858 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 |
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 |
| 27 Tue Aug 2024 | 22.89 | 21.63 | 25.79 | 18.05 | 1.365 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 up 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 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 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 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 Salsteel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salsteel 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.
Salsteel 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 Salsteel 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 Salsteel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.94 and Salsteel (Salsteel) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
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 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 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 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 Salsteel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salsteel 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.
Salsteel 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 Salsteel 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 Salsteel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.94 and Salsteel (Salsteel) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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