(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 2025-01-08 View latest technical analysis
10 day averaged volume of Salsteel is 6176
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 22.43 | 23.50 | 23.50 | 22.40 | 0.442 times |
| 07 Tue Jan 2025 | 22.88 | 21.36 | 23.50 | 21.36 | 0.837 times |
| 06 Mon Jan 2025 | 21.76 | 23.50 | 23.50 | 21.40 | 4.139 times |
| 03 Fri Jan 2025 | 22.90 | 22.21 | 23.14 | 22.21 | 1.121 times |
| 02 Thu Jan 2025 | 22.59 | 22.61 | 23.31 | 22.58 | 0.533 times |
| 01 Wed Jan 2025 | 23.01 | 22.71 | 23.38 | 22.71 | 0.217 times |
| 31 Tue Dec 2024 | 23.07 | 22.57 | 23.47 | 22.57 | 0.725 times |
| 30 Mon Dec 2024 | 22.98 | 22.22 | 23.60 | 22.22 | 0.734 times |
| 27 Fri Dec 2024 | 22.60 | 22.90 | 23.49 | 22.42 | 0.895 times |
| 26 Thu Dec 2024 | 22.95 | 22.94 | 23.66 | 22.67 | 0.563 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.5, but if it comes above 22.5, then a intra day buy could be more profitable.
If you take a sell trade below 22.5, then use 22.5 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 22.5 as stoploss and 23.62 as target.
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 21.36 |
| Downside Target | 22.21 |
| Upside Target | 23.13 |
| Upside Target | 24.17 |
| Upside Target | 24.47 |
| Upside Target | 25.50 |
| Upside Target | 26.60 |
| Upside Target | 26.95 |
| Upside Target | 29.00 |
| Upside Target | 29.95 |
| Upside Target | 31.17 |
Intraday share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Intraday Target | 21.36 |
| Downside Intraday Target | 20.29 |
| Upside Intraday Target | 23.5 |
| Upside Intraday Target | 24.57 |
| Downside Intraday Target | 22.43 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 22.43 | 23.50 | 23.50 | 21.36 | 1.627 times |
| 03 Fri Jan 2025 | 22.90 | 22.22 | 23.60 | 22.21 | 1.061 times |
| 27 Fri Dec 2024 | 22.60 | 24.11 | 24.47 | 22.42 | 0.451 times |
| 20 Fri Dec 2024 | 23.91 | 24.60 | 25.50 | 23.13 | 0.505 times |
| 13 Fri Dec 2024 | 25.04 | 25.00 | 26.60 | 24.00 | 0.733 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salsteel (Salsteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 22.43 | 22.71 | 23.50 | 21.36 | 0.165 times |
| 31 Tue Dec 2024 | 23.07 | 24.00 | 26.95 | 22.22 | 0.796 times |
| 29 Fri Nov 2024 | 24.18 | 25.00 | 29.00 | 23.55 | 0.542 times |
| 31 Thu Oct 2024 | 25.10 | 27.80 | 29.95 | 24.17 | 0.402 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 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 22.4 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 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 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 Salsteel ( (Salsteel) ) 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 Salsteel ( (Salsteel) ) 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 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 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 22.4 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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