(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 2024-09-02 View latest technical analysis
10 day averaged volume of Salsteel is 72185
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 22.28 | 23.50 | 23.50 | 22.00 | 0.161 times |
| 30 Fri Aug 2024 | 23.11 | 23.00 | 23.74 | 22.62 | 1.947 times |
| 29 Thu Aug 2024 | 22.74 | 22.90 | 23.33 | 22.42 | 0.37 times |
| 28 Wed Aug 2024 | 22.16 | 23.00 | 23.46 | 22.10 | 0.804 times |
| 27 Tue Aug 2024 | 22.89 | 25.40 | 25.79 | 22.66 | 1.763 times |
| 26 Mon Aug 2024 | 24.88 | 23.99 | 24.88 | 23.50 | 2.746 times |
| 23 Fri Aug 2024 | 22.62 | 21.69 | 22.77 | 21.26 | 0.923 times |
| 22 Thu Aug 2024 | 21.69 | 20.75 | 21.69 | 20.66 | 0.484 times |
| 21 Wed Aug 2024 | 20.66 | 19.65 | 20.66 | 19.65 | 0.54 times |
| 20 Tue Aug 2024 | 19.68 | 19.60 | 20.22 | 19.15 | 0.352 times |
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 22.6 as stoploss in an intra day sell trade for a target of 20.96. However, stock will show a bullish move above 22.6.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.55 |
| Downside Target | 18.05 |
| Downside Target | 19.15 |
| Downside Target | 20.15 |
| Downside Target | 20.78 |
| Downside Target | 22.00 |
| Upside Target | 22.62 |
| Upside Target | 22.85 |
| Upside Target | 23.50 |
| Upside Target | 24.46 |
| Upside Target | 25.79 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 21.69 |
| Downside Intraday Target | 21.09 |
| Upside Intraday Target | 23.19 |
| Upside Intraday Target | 24.09 |
| Upside Intraday Target | 22.59 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Sep 2024 | 22.28 | 23.50 | 23.50 | 22.00 | 0.021 times |
| 30 Fri Aug 2024 | 23.11 | 23.99 | 25.79 | 22.10 | 3.219 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 |
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 |
| 02 Mon Sep 2024 | 22.28 | 23.50 | 23.50 | 22.00 | 0.013 times |
| 30 Fri Aug 2024 | 23.11 | 21.63 | 25.79 | 18.05 | 1.817 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 losing momentum.
MACD generated a BUY signal for Salsteel in short term and the buy signal is strong.
Salsteel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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
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 23.09 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 losing momentum.
MACD generated a BUY signal for Salsteel in short term and the buy signal is strong.
Salsteel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below 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
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 23.09 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.
Click here for Salsteel charts
Click here for further forecast and predictions for tomorrow