(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 2024-03-26 View latest technical analysis
10 day averaged volume of Salsteel is 21453
Date | Daily Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 20.79 | 20.20 | 20.79 | 19.50 | 0.85 times |
22 Fri Mar 2024 | 19.80 | 19.00 | 19.80 | 19.00 | 1.477 times |
21 Thu Mar 2024 | 18.86 | 18.00 | 18.88 | 17.16 | 1.034 times |
20 Wed Mar 2024 | 17.99 | 18.30 | 18.38 | 17.83 | 1.745 times |
19 Tue Mar 2024 | 18.76 | 20.32 | 20.32 | 18.42 | 1.132 times |
18 Mon Mar 2024 | 19.37 | 18.40 | 19.37 | 17.55 | 0.936 times |
15 Fri Mar 2024 | 18.45 | 18.52 | 18.52 | 18.15 | 1.418 times |
14 Thu Mar 2024 | 18.52 | 18.55 | 18.55 | 18.52 | 0.947 times |
13 Wed Mar 2024 | 18.89 | 19.20 | 19.20 | 18.89 | 0.385 times |
12 Tue Mar 2024 | 19.27 | 19.27 | 19.27 | 19.27 | 0.526 times |
My analysis of stock is bullish for shortterm, and stock might move up till 21.9 or till 23.8. Use a stoploss of 20.31 and if this stock hits its stoploss, then it can fall down till 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 |
Downside Target | 19.50 |
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 | 26.50 |
Upside Target | 27.51 |
Upside Target | 30.57 |
Intraday share price targets for Salsteel (Salsteel)
Target Type | Value |
Downside Intraday Target | 19.93 |
Downside Intraday Target | 19.07 |
Upside Intraday Target | 21.22 |
Upside Intraday Target | 21.65 |
Downside Intraday Target | 20.36 |
Weekly technical analysis of Salsteel (Salsteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Tue Mar 2024 | 20.79 | 20.20 | 20.79 | 19.50 | 0.134 times |
22 Fri Mar 2024 | 19.80 | 18.40 | 20.32 | 17.16 | 1.72 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 |
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 |
26 Tue Mar 2024 | 20.79 | 22.16 | 22.16 | 17.16 | 0.32 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Salsteel ( (Salsteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Salsteel in short term and BUY 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
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 18.97 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel Stock is giving positive 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Salsteel ( (Salsteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Salsteel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salsteel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up
CCI has generated a buy signal for Salsteel in short term and BUY 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
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 18.97 and Salsteel (Salsteel) 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 Salsteel (Salsteel) stock. Volume based technical analysis of Salsteel (Salsteel) stock is negative.
Salsteel Stock is giving positive 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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