(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 2024-11-05 View latest technical analysis
10 day averaged volume of Salsteel is 19120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 25.79 | 26.83 | 26.85 | 25.74 | 0.726 times |
| 04 Mon Nov 2024 | 26.26 | 26.00 | 26.40 | 25.75 | 0.474 times |
| 01 Fri Nov 2024 | 26.04 | 25.00 | 26.42 | 25.00 | 0.478 times |
| 31 Thu Oct 2024 | 25.10 | 24.82 | 25.65 | 24.82 | 0.588 times |
| 30 Wed Oct 2024 | 24.88 | 25.70 | 25.70 | 24.70 | 0.338 times |
| 29 Tue Oct 2024 | 25.22 | 24.20 | 25.50 | 24.20 | 2.074 times |
| 28 Mon Oct 2024 | 25.06 | 24.27 | 25.06 | 24.20 | 0.273 times |
| 25 Fri Oct 2024 | 24.71 | 24.82 | 25.72 | 24.17 | 0.699 times |
| 24 Thu Oct 2024 | 25.37 | 25.11 | 26.81 | 24.65 | 1.286 times |
| 23 Wed Oct 2024 | 25.62 | 26.45 | 26.45 | 24.50 | 2.366 times |
My analysis of stock is bearish for shortterm, and stock might move down till 25.1 or till 24.2. Use a stoploss of 25.9 and if the stock hits stoploss, then it can shoot up till 26.68
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.05 |
| Downside Target | 19.36 |
| Downside Target | 21.55 |
| Downside Target | 24.17 |
| Downside Target | 25.00 |
| Upside Target | 26.42 |
| Upside Target | 26.81 |
| Upside Target | 26.85 |
| Upside Target | 28.19 |
| Upside Target | 28.80 |
| Upside Target | 29.95 |
| Upside Target | 31.17 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 25.4 |
| Downside Intraday Target | 25.02 |
| Upside Intraday Target | 26.51 |
| Upside Intraday Target | 27.24 |
| Upside Intraday Target | 26.13 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Tue Nov 2024 | 25.79 | 26.00 | 26.85 | 25.74 | 0.32 times |
| 01 Fri Nov 2024 | 26.04 | 24.27 | 26.42 | 24.20 | 0.534 times |
| 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 |
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 |
| 05 Tue Nov 2024 | 25.79 | 25.00 | 26.85 | 25.00 | 0.051 times |
| 31 Thu Oct 2024 | 25.10 | 27.80 | 29.95 | 24.17 | 0.402 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 25.42 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Salsteel in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 25.42 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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