Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SteelExch) Steel Exch complete technical analysis [charts+indicators] | Buy/Sell Steel Exch | (SteelExch) share price targets

Complete technical analysis of Steel Exch (SteelExch) by charts plus indicators, forecast predictions and share price targets for Steel Exch (SteelExch)

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Steel Exch is 687015

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	11.69	12.61	12.61	11.56	1.918 times
03 Thu Oct 2024	12.56	12.78	12.78	12.45	0.964 times
01 Tue Oct 2024	12.81	12.86	13.02	12.77	0.765 times
30 Mon Sep 2024	12.85	12.86	13.01	12.80	0.548 times
27 Fri Sep 2024	12.83	12.94	13.07	12.80	0.726 times
26 Thu Sep 2024	12.90	12.95	13.09	12.88	0.914 times
25 Wed Sep 2024	12.93	13.10	13.40	12.85	0.935 times
24 Tue Sep 2024	13.04	12.82	13.90	12.78	3.323 times
23 Mon Sep 2024	12.80	12.90	13.06	12.75	0.683 times
20 Fri Sep 2024	12.81	12.95	13.03	12.76	0.812 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12.1, for a target of 12.6 or 13

Share price targets for Steel Exch (SteelExch)

Target Type	Value
Downside Target	11.56
Upside Target	12.45
Upside Target	13.02
Upside Target	13.09
Upside Target	13.80
Upside Target	13.84
Upside Target	13.90
Upside Target	14.15
Upside Target	14.84
Upside Target	15.24
Upside Target	15.80

Intraday share price targets for Steel Exch (SteelExch)

Target Type	Value
Downside Intraday Target	11.3
Downside Intraday Target	10.9
Upside Intraday Target	12.35
Upside Intraday Target	13
Upside Intraday Target	11.95

Weekly technical analysis of Steel Exch (SteelExch)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	11.69	12.61	12.61	11.56	0.842 times
03 Thu Oct 2024	12.56	12.86	13.02	12.45	0.346 times
27 Fri Sep 2024	12.83	12.90	13.90	12.75	2.505 times
20 Fri Sep 2024	12.81	13.41	13.84	12.76	1.065 times
13 Fri Sep 2024	13.45	13.46	13.80	13.09	0.971 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 Steel Exch (SteelExch)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	11.69	12.86	13.02	11.56	0.247 times
30 Mon Sep 2024	12.85	13.82	14.15	12.75	0.665 times
30 Fri Aug 2024	13.96	14.79	14.84	12.68	0.574 times
31 Wed Jul 2024	14.64	14.46	15.80	12.54	0.835 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 Steel Exch (SteelExch)

Price action analysis of Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Steel Exch stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Steel Exch in short term and the sell signal is strong.

Steel Exch 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Exch 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 Steel Exch is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.69 and Steel Exch (SteelExch) 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 Steel Exch (SteelExch) stock. Volume based technical analysis of Steel Exch (SteelExch) stock is negative.

Steel Exch 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.