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(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)

10 day averaged volume of Srusteels is 24189

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 10.07 10.01 10.20 9.91 0.442 times
07 Tue May 2024 10.17 10.45 10.45 9.82 0.969 times
06 Mon May 2024 10.24 10.50 10.55 10.16 1.098 times
03 Fri May 2024 10.24 10.49 10.50 10.13 0.772 times
02 Thu May 2024 10.33 10.37 10.55 10.23 0.426 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 10, for a target of 10.2 or 10.42

Share price targets for Srusteels (Srusteels)

Target Type Value
Downside Target 8.47
Downside Target 9.02
Downside Target 9.66
Upside Target 10.55
Upside Target 10.69
Upside Target 10.86
Upside Target 10.90
Upside Target 10.97
Upside Target 11.11
Upside Target 11.50
Upside Target 13.53

Intraday share price targets for Srusteels (Srusteels)

Target Type Value
Downside Intraday Target 9.74
Downside Intraday Target 9.42
Upside Intraday Target 10.47
Upside Intraday Target 10.88
Upside Intraday Target 10.15

Weekly technical analysis of Srusteels (Srusteels)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 10.07 10.50 10.55 9.82 0.453 times
03 Fri May 2024 10.24 10.63 10.69 10.13 1.087 times
26 Fri Apr 2024 10.42 10.70 10.97 10.15 0.803 times
19 Fri Apr 2024 10.70 10.68 10.90 10.00 0.762 times
12 Fri Apr 2024 10.68 10.73 10.86 10.30 0.666 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
08 Wed May 2024 10.07 10.37 10.55 9.82 0.101 times
30 Tue Apr 2024 10.37 9.39 10.97 9.02 0.947 times
28 Thu Mar 2024 8.94 10.40 11.11 8.47 0.741 times
29 Thu Feb 2024 10.37 11.50 11.50 9.66 0.372 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 10, 15, 17 Sell
MACD -0, 0Sell
Stochastics 23Sell
CCI -158Sell
RSI 65Buy
OBV 83924Sell
VWAP 10Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Srusteels 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 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 positive zone. This is a BUY zone

Stock of Srusteels is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.37 and Srusteels (Srusteels) 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 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 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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