(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 2024-03-21 View latest technical analysis
10 day averaged volume of Salsteel is 19642
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 18.86 | 18.00 | 18.88 | 17.16 | 1.13 times |
| 20 Wed Mar 2024 | 17.99 | 18.30 | 18.38 | 17.83 | 1.905 times |
| 19 Tue Mar 2024 | 18.76 | 20.32 | 20.32 | 18.42 | 1.236 times |
| 18 Mon Mar 2024 | 19.37 | 18.40 | 19.37 | 17.55 | 1.022 times |
| 15 Fri Mar 2024 | 18.45 | 18.52 | 18.52 | 18.15 | 1.549 times |
| 14 Thu Mar 2024 | 18.52 | 18.55 | 18.55 | 18.52 | 1.034 times |
| 13 Wed Mar 2024 | 18.89 | 19.20 | 19.20 | 18.89 | 0.421 times |
| 12 Tue Mar 2024 | 19.27 | 19.27 | 19.27 | 19.27 | 0.575 times |
| 11 Mon Mar 2024 | 19.66 | 19.70 | 19.70 | 19.66 | 0.436 times |
| 07 Thu Mar 2024 | 20.06 | 20.07 | 20.11 | 20.06 | 1.165 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 18.7 as stoploss in an intra day buy trade for a target of 20.7. However, stock will show a bearish move below 18.7.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 14.00 |
| Downside Target | 17.16 |
| Downside Target | 17.76 |
| 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 | 17.24 |
| Downside Intraday Target | 15.62 |
| Upside Intraday Target | 20.4 |
| Upside Intraday Target | 21.94 |
| Downside Intraday Target | 18.78 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 18.86 | 18.40 | 20.32 | 17.16 | 1.318 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 |
| 21 Thu Mar 2024 | 18.86 | 22.16 | 22.16 | 17.16 | 0.274 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 gaining momentum.
MACD generated a SELL signal for Salsteel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 and the buying is gaining 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 18.84 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 gaining momentum.
MACD generated a SELL signal for Salsteel in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 moving up
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 and the buying is gaining 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 18.84 and Salsteel (Salsteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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