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(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)

10 day averaged volume of Steel Exch is 663136

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 14.09 14.49 14.49 13.95 0.964 times
29 Mon Apr 2024 14.36 14.08 14.49 14.08 1.37 times
26 Fri Apr 2024 14.11 13.95 14.29 13.95 0.894 times
25 Thu Apr 2024 13.93 14.00 14.40 13.87 0.52 times
24 Wed Apr 2024 13.97 14.15 14.23 13.88 1.421 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 14 as stoploss in an intra day buy trade for a target of 14.44. However, stock will show a bearish move below 14.

Share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Target 9.52
Downside Target 10.29
Downside Target 10.94
Downside Target 11.64
Downside Target 13.64
Upside Target 14.65
Upside Target 15.29
Upside Target 15.78
Upside Target 15.85
Upside Target 17.87
Upside Target 18.42

Intraday share price targets for Steel Exch (SteelExch)

Target Type Value
Downside Intraday Target 13.86
Downside Intraday Target 13.64
Upside Intraday Target 14.4
Upside Intraday Target 14.72
Upside Intraday Target 14.18

Weekly technical analysis of Steel Exch (SteelExch)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 14.09 14.08 14.49 13.95 0.518 times
26 Fri Apr 2024 14.11 14.07 14.40 13.84 1.161 times
19 Fri Apr 2024 13.79 14.11 14.50 13.64 0.624 times
12 Fri Apr 2024 14.85 14.95 15.78 14.65 0.613 times
05 Fri Apr 2024 14.95 14.26 15.85 14.15 1.813 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
30 Tue Apr 2024 14.09 14.26 15.85 13.64 0.651 times
28 Thu Mar 2024 13.82 14.79 15.29 11.64 0.736 times
29 Thu Feb 2024 14.55 17.52 17.87 13.69 0.335 times
31 Wed Jan 2024 17.36 10.64 18.42 10.29 6.054 times

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 Steel Exch (SteelExch)

Indicator Name Indicator Value Indicator Signal
ADX 24, 18, 13 Buy
MACD -0, -0Sell
Stochastics 56None
CCI 85Sell
RSI 60Buy
OBV -699245Sell
VWAP 14Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Steel Exch ( (SteelExch) ) 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 Steel Exch ( (SteelExch) ) 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 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

ADX buy sell signal for Steel Exch stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Steel Exch Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Steel Exch in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 14.05 and Steel Exch (SteelExch) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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