(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 2025-02-04 View latest technical analysis
10 day averaged volume of Salsteel is 18278
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Feb 2025 | 20.32 | 18.05 | 20.71 | 18.05 | 0.557 times |
| 03 Mon Feb 2025 | 19.72 | 20.84 | 20.84 | 19.64 | 0.409 times |
| 31 Fri Jan 2025 | 20.37 | 19.82 | 20.80 | 19.82 | 0.265 times |
| 30 Thu Jan 2025 | 20.05 | 20.68 | 20.85 | 20.00 | 0.172 times |
| 29 Wed Jan 2025 | 20.42 | 19.86 | 20.99 | 19.86 | 0.39 times |
| 28 Tue Jan 2025 | 20.28 | 20.90 | 21.52 | 19.80 | 2.151 times |
| 27 Mon Jan 2025 | 20.44 | 21.89 | 23.00 | 20.35 | 3.185 times |
| 24 Fri Jan 2025 | 21.31 | 22.04 | 22.43 | 21.30 | 1.138 times |
| 23 Thu Jan 2025 | 22.87 | 21.13 | 22.88 | 20.20 | 1.841 times |
| 22 Wed Jan 2025 | 20.81 | 21.02 | 21.59 | 20.25 | 0.346 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 20.1 as stoploss in an intra day buy trade for a target of 20.98. However, stock will show a bearish move below 20.1.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.05 |
| Downside Target | 18.70 |
| Downside Target | 19.80 |
| Downside Target | 20.20 |
| Upside Target | 20.84 |
| Upside Target | 22.22 |
| Upside Target | 22.88 |
| Upside Target | 23.50 |
| Upside Target | 23.55 |
| Upside Target | 24.17 |
| Upside Target | 26.95 |
| Upside Target | 29.00 |
| Upside Target | 29.95 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 18.63 |
| Downside Intraday Target | 16.95 |
| Upside Intraday Target | 21.42 |
| Upside Intraday Target | 22.53 |
| Downside Intraday Target | 19.74 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Feb 2025 | 20.32 | 20.84 | 20.84 | 18.05 | 0.157 times |
| 31 Fri Jan 2025 | 20.37 | 21.89 | 23.00 | 19.80 | 1.709 times |
| 24 Fri Jan 2025 | 21.31 | 21.86 | 22.88 | 20.20 | 2.15 times |
| 17 Fri Jan 2025 | 21.23 | 20.52 | 22.99 | 18.70 | 0.598 times |
| 10 Fri Jan 2025 | 21.04 | 23.50 | 23.50 | 20.90 | 2.494 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 |
| 04 Tue Feb 2025 | 20.32 | 20.84 | 20.84 | 18.05 | 0.065 times |
| 31 Fri Jan 2025 | 20.37 | 22.71 | 23.50 | 18.70 | 0.997 times |
| 31 Tue Dec 2024 | 23.07 | 24.00 | 26.95 | 22.22 | 0.796 times |
| 29 Fri Nov 2024 | 24.18 | 25.00 | 29.00 | 23.55 | 0.542 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salsteel ( (Salsteel) ) based on a mid to longer 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.
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 and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Salsteel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 20.9 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salsteel ( (Salsteel) ) based on a mid to longer 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.
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 and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Salsteel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 20.9 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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