(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 2024-09-27 View latest technical analysis
10 day averaged volume of Salsteel is 68841
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 29.48 | 29.70 | 31.17 | 29.20 | 1.05 times |
| 26 Thu Sep 2024 | 28.75 | 29.00 | 29.80 | 28.61 | 1.321 times |
| 25 Wed Sep 2024 | 28.62 | 28.61 | 29.74 | 28.20 | 0.721 times |
| 24 Tue Sep 2024 | 28.95 | 28.51 | 29.60 | 28.31 | 0.958 times |
| 23 Mon Sep 2024 | 28.21 | 25.75 | 28.50 | 25.75 | 1.625 times |
| 20 Fri Sep 2024 | 26.79 | 25.40 | 27.89 | 24.75 | 0.555 times |
| 19 Thu Sep 2024 | 25.38 | 25.99 | 27.45 | 25.19 | 0.574 times |
| 18 Wed Sep 2024 | 26.16 | 26.12 | 26.88 | 25.80 | 1.327 times |
| 17 Tue Sep 2024 | 26.77 | 27.67 | 28.20 | 26.06 | 0.79 times |
| 16 Mon Sep 2024 | 27.67 | 29.00 | 29.43 | 27.06 | 1.319 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.5, but if it comes below 28.5, then a intra day sell could be more profitable.
If you take a sell trade below 28.5, then use 28.5 as stoploss and 26.21 as target. However if you take a buy trade in stock , then use 28.5 as stoploss and 31.3 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 17.55 |
| Downside Target | 18.05 |
| Downside Target | 19.36 |
| Downside Target | 21.55 |
| Downside Target | 22.10 |
| Downside Target | 22.62 |
| Downside Target | 23.89 |
| Downside Target | 24.46 |
| Downside Target | 25.75 |
| Downside Target | 25.79 |
| Downside Target | 28.70 |
| Downside Target | 29.43 |
| Upside Target | 31.17 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 26.43 |
| Downside Intraday Target | 23.38 |
| Upside Intraday Target | 31.85 |
| Upside Intraday Target | 34.22 |
| Downside Intraday Target | 28.8 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 29.48 | 25.75 | 31.17 | 25.75 | 1.243 times |
| 20 Fri Sep 2024 | 26.79 | 29.00 | 29.43 | 24.75 | 0.574 times |
| 13 Fri Sep 2024 | 28.32 | 23.59 | 28.70 | 22.63 | 2.148 times |
| 06 Fri Sep 2024 | 23.13 | 23.50 | 23.89 | 21.55 | 0.463 times |
| 30 Fri Aug 2024 | 23.11 | 23.99 | 25.79 | 22.10 | 3.219 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 Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 29.48 | 23.50 | 31.17 | 21.55 | 1.664 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 up this month, and volume has increased substantially. This means that the move can 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 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 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 27.83 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 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 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 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 27.83 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 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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