(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 2024-10-25 View latest technical analysis
10 day averaged volume of Salsteel is 25738
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 24.71 | 24.82 | 25.72 | 24.17 | 0.519 times |
| 24 Thu Oct 2024 | 25.37 | 25.11 | 26.81 | 24.65 | 0.955 times |
| 23 Wed Oct 2024 | 25.62 | 26.45 | 26.45 | 24.50 | 1.758 times |
| 22 Tue Oct 2024 | 26.00 | 26.08 | 26.26 | 24.97 | 1.058 times |
| 21 Mon Oct 2024 | 25.71 | 26.05 | 26.60 | 25.47 | 0.929 times |
| 18 Fri Oct 2024 | 26.17 | 24.60 | 26.50 | 24.51 | 1.096 times |
| 17 Thu Oct 2024 | 25.17 | 25.93 | 26.90 | 24.80 | 0.813 times |
| 16 Wed Oct 2024 | 26.00 | 26.00 | 26.60 | 25.75 | 0.549 times |
| 15 Tue Oct 2024 | 26.62 | 26.98 | 27.52 | 26.15 | 0.298 times |
| 14 Mon Oct 2024 | 26.83 | 28.19 | 28.19 | 26.60 | 0.814 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.5, but if it comes above 25.5, then a intra day buy could be more profitable.
If you take a sell trade below 25.5, then use 25.5 as stoploss and 23.9 as target. However if you take a buy trade in stock , then use 25.5 as stoploss and 26.83 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.05 |
| Downside Target | 19.36 |
| Downside Target | 21.55 |
| Downside Target | 22.85 |
| Downside Target | 24.17 |
| Upside Target | 25.45 |
| Upside Target | 26.81 |
| Upside Target | 28.19 |
| Upside Target | 28.80 |
| 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 | 23.65 |
| Downside Intraday Target | 22.59 |
| Upside Intraday Target | 26.29 |
| Upside Intraday Target | 27.87 |
| Upside Intraday Target | 25.23 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 24.71 | 26.05 | 26.81 | 24.17 | 1.462 times |
| 18 Fri Oct 2024 | 26.17 | 28.19 | 28.19 | 24.51 | 0.541 times |
| 11 Fri Oct 2024 | 26.50 | 28.80 | 28.80 | 25.45 | 0.706 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 |
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 |
| 25 Fri Oct 2024 | 24.71 | 27.80 | 29.95 | 24.17 | 0.362 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
Salsteel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 25.79 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 has given negative 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
Salsteel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 25.79 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 has given negative 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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