(Srusteels) Srusteels complete technical analysis [charts+indicators] | Buy/Sell Srusteels | (Srusteels) share price targets
Complete technical analysis of Srusteels (Srusteels) by charts plus indicators, forecast predictions and share price targets for Srusteels (Srusteels)
Showing technical analysis as on 2024-12-20 View latest technical analysis
10 day averaged volume of Srusteels is 377080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 7.12 | 7.10 | 7.48 | 7.01 | 0.151 times |
| 19 Thu Dec 2024 | 7.28 | 7.39 | 7.58 | 7.03 | 0.276 times |
| 18 Wed Dec 2024 | 7.39 | 7.70 | 7.79 | 7.30 | 0.375 times |
| 17 Tue Dec 2024 | 7.63 | 7.98 | 8.32 | 7.59 | 1.263 times |
| 16 Mon Dec 2024 | 7.97 | 7.65 | 7.98 | 7.65 | 1.09 times |
| 13 Fri Dec 2024 | 7.60 | 7.58 | 7.60 | 7.50 | 0.174 times |
| 12 Thu Dec 2024 | 7.46 | 7.45 | 7.46 | 7.41 | 0.372 times |
| 11 Wed Dec 2024 | 7.32 | 7.17 | 7.32 | 7.17 | 5.553 times |
| 10 Tue Dec 2024 | 7.18 | 7.23 | 7.23 | 7.18 | 0.357 times |
| 09 Mon Dec 2024 | 7.19 | 7.20 | 7.20 | 7.19 | 0.029 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 7.1 as stoploss in an intra day buy trade for a target of 7.34. However, stock will show a bearish move below 7.1.
Share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Target | 5.71 |
| Downside Target | 6.62 |
| Downside Target | 7.01 |
| Upside Target | 7.36 |
| Upside Target | 7.93 |
| Upside Target | 8.00 |
| Upside Target | 8.32 |
| Upside Target | 8.97 |
| Upside Target | 9.80 |
| Upside Target | 11.30 |
| Upside Target | 15.20 |
Intraday share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Intraday Target | 6.65 |
| Downside Intraday Target | 6.17 |
| Upside Intraday Target | 7.96 |
| Upside Intraday Target | 8.79 |
| Upside Intraday Target | 7.48 |
Weekly technical analysis of Srusteels (Srusteels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 7.12 | 7.65 | 8.32 | 7.01 | 0.486 times |
| 13 Fri Dec 2024 | 7.60 | 7.20 | 7.60 | 7.17 | 2.919 times |
| 06 Fri Dec 2024 | 7.20 | 7.29 | 7.40 | 7.01 | 0.119 times |
| 29 Fri Nov 2024 | 7.29 | 7.48 | 7.48 | 7.14 | 0.927 times |
| 22 Fri Nov 2024 | 7.35 | 7.12 | 7.36 | 7.12 | 2.654 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 Srusteels (Srusteels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 7.12 | 7.29 | 8.32 | 7.01 | 0.206 times |
| 29 Fri Nov 2024 | 7.29 | 6.69 | 8.00 | 6.62 | 0.227 times |
| 31 Thu Oct 2024 | 6.56 | 9.80 | 9.80 | 5.71 | 5.495 times |
| 30 Mon Sep 2024 | 9.59 | 10.21 | 15.20 | 8.97 | 5.156 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 Srusteels (Srusteels)
Price action analysis of Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) based on a short 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 Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) 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 Srusteels stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Srusteels in short term but the buy signal is initial and weak.
Srusteels 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 Srusteels in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Srusteels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.44 and Srusteels (Srusteels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.
Srusteels 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 Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) based on a short 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 Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) 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 Srusteels stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Srusteels in short term but the buy signal is initial and weak.
Srusteels 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 Srusteels in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 Srusteels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 7.44 and Srusteels (Srusteels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.
Srusteels 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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