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(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 2024-03-19 View latest technical analysis

10 day averaged volume of Salsteel is 18123

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 18.76 20.32 20.32 18.42 1.34 times
18 Mon Mar 2024 19.37 18.40 19.37 17.55 1.108 times
15 Fri Mar 2024 18.45 18.52 18.52 18.15 1.679 times
14 Thu Mar 2024 18.52 18.55 18.55 18.52 1.121 times
13 Wed Mar 2024 18.89 19.20 19.20 18.89 0.456 times
12 Tue Mar 2024 19.27 19.27 19.27 19.27 0.623 times
11 Mon Mar 2024 19.66 19.70 19.70 19.66 0.473 times
07 Thu Mar 2024 20.06 20.07 20.11 20.06 1.263 times
06 Wed Mar 2024 20.46 20.46 20.46 20.46 0.711 times
05 Tue Mar 2024 20.87 20.87 20.87 20.87 1.503 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.1, but if it comes above 19.1, then a intra day buy could be more profitable.
If you take a sell trade below 19.1, then use 19.1 as stoploss and 16.4 as target. However if you take a buy trade in stock , then use 19.1 as stoploss and 21.39 as target.

Share price targets for Salsteel (Salsteel)

Target Type Value
Downside Target 14.00
Downside Target 17.55
Downside Target 18.15
Upside Target 19.70
Upside Target 21.29
Upside Target 21.72
Upside Target 22.16
Upside Target 22.61
Upside Target 23.15
Upside Target 24.02
Upside Target 24.51
Upside Target 26.50
Upside Target 26.57
Upside Target 27.51
Upside Target 30.57

Intraday share price targets for Salsteel (Salsteel)

Target Type Value
Downside Intraday Target 17.43
Downside Intraday Target 16.11
Upside Intraday Target 20.2
Upside Intraday Target 21.65
Upside Intraday Target 18.88

Weekly technical analysis of Salsteel (Salsteel)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 18.76 18.40 20.32 17.55 0.562 times
15 Fri Mar 2024 18.45 19.70 19.70 18.15 0.958 times
07 Thu Mar 2024 20.06 21.29 21.29 20.06 0.831 times
02 Sat Mar 2024 21.72 24.02 24.02 21.72 3.357 times
23 Fri Feb 2024 24.51 26.57 26.57 24.51 0.842 times

Price has moved up 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
19 Tue Mar 2024 18.76 22.16 22.16 17.55 0.219 times
29 Thu Feb 2024 22.61 25.35 30.57 22.61 0.951 times
31 Wed Jan 2024 24.95 24.15 26.50 23.15 0.251 times
29 Fri Dec 2023 24.38 19.10 27.51 17.76 2.768 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a mid to longer 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.

ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Salsteel 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Salsteel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 19.41 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salsteel ( (Salsteel) ) based on a mid to longer 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.

ADX buy sell signal for Salsteel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Salsteel 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Salsteel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 19.41 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.

Click here for Salsteel charts

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Daily charts

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