(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 2024-10-07 View latest technical analysis
10 day averaged volume of Salsteel is 70889
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 26.02 | 28.80 | 28.80 | 25.45 | 0.821 times |
| 03 Thu Oct 2024 | 28.69 | 29.40 | 29.95 | 27.95 | 1.079 times |
| 01 Tue Oct 2024 | 29.04 | 27.80 | 29.80 | 27.70 | 1.374 times |
| 30 Mon Sep 2024 | 27.48 | 29.25 | 30.00 | 27.25 | 0.94 times |
| 27 Fri Sep 2024 | 29.48 | 29.70 | 31.17 | 29.20 | 1.02 times |
| 26 Thu Sep 2024 | 28.75 | 29.00 | 29.80 | 28.61 | 1.283 times |
| 25 Wed Sep 2024 | 28.62 | 28.61 | 29.74 | 28.20 | 0.7 times |
| 24 Tue Sep 2024 | 28.95 | 28.51 | 29.60 | 28.31 | 0.93 times |
| 23 Mon Sep 2024 | 28.21 | 25.75 | 28.50 | 25.75 | 1.578 times |
| 20 Fri Sep 2024 | 26.79 | 25.40 | 27.89 | 24.75 | 0.539 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 25.7 as stoploss in an intra day buy trade for a target of 27.25. However, stock will show a bearish move below 25.7.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.05 |
| Downside Target | 19.36 |
| Downside Target | 21.55 |
| Downside Target | 22.63 |
| Downside Target | 24.46 |
| Downside Target | 25.45 |
| Upside Target | 27.25 |
| Upside Target | 28.70 |
| Upside Target | 28.80 |
| Upside Target | 29.43 |
| Upside Target | 29.95 |
| Upside Target | 30.00 |
| Upside Target | 31.17 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 24.71 |
| Downside Intraday Target | 23.41 |
| Upside Intraday Target | 28.06 |
| Upside Intraday Target | 30.11 |
| Upside Intraday Target | 26.76 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 26.02 | 28.80 | 28.80 | 25.45 | 0.242 times |
| 03 Thu Oct 2024 | 28.69 | 29.25 | 30.00 | 27.25 | 0.616 times |
| 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 |
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 |
| 07 Mon Oct 2024 | 26.02 | 27.80 | 29.95 | 25.45 | 0.147 times |
| 30 Mon Sep 2024 | 27.48 | 23.50 | 31.17 | 21.55 | 1.738 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 |
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 28.34 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 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 28.34 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 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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