(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 2025-01-16 View latest technical analysis
10 day averaged volume of Salsteel is 8273
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 21.91 | 21.40 | 22.42 | 21.40 | 0.271 times |
| 15 Wed Jan 2025 | 21.37 | 22.89 | 22.99 | 21.16 | 1.254 times |
| 14 Tue Jan 2025 | 21.02 | 18.70 | 21.02 | 18.70 | 0.813 times |
| 13 Mon Jan 2025 | 19.11 | 20.52 | 21.30 | 18.94 | 0.499 times |
| 10 Fri Jan 2025 | 21.04 | 21.31 | 21.83 | 20.90 | 1.311 times |
| 09 Thu Jan 2025 | 21.71 | 22.11 | 22.69 | 21.35 | 0.844 times |
| 08 Wed Jan 2025 | 22.43 | 23.50 | 23.50 | 22.40 | 0.33 times |
| 07 Tue Jan 2025 | 22.88 | 21.36 | 23.50 | 21.36 | 0.625 times |
| 06 Mon Jan 2025 | 21.76 | 23.50 | 23.50 | 21.40 | 3.09 times |
| 03 Fri Jan 2025 | 22.90 | 22.21 | 23.14 | 22.21 | 0.837 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.3 or till 19.9. Use a stoploss of 22.43 and if the stock hits stoploss, then it can shoot up till 23.6
Share price targets for Salsteel (Salsteel)
| Target Type | Value |
| Downside Target | 18.70 |
| Downside Target | 20.90 |
| Downside Target | 21.55 |
| Upside Target | 22.21 |
| Upside Target | 22.99 |
| Upside Target | 24.17 |
| Upside Target | 24.47 |
| Upside Target | 25.50 |
| 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 | 19.41 |
| Downside Intraday Target | 16.91 |
| Upside Intraday Target | 23.7 |
| Upside Intraday Target | 25.49 |
| Downside Intraday Target | 21.2 |
Weekly technical analysis of Salsteel (Salsteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 21.91 | 20.52 | 22.99 | 18.70 | 0.458 times |
| 10 Fri Jan 2025 | 21.04 | 23.50 | 23.50 | 20.90 | 2.494 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 |
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 |
| 16 Thu Jan 2025 | 21.91 | 22.71 | 23.50 | 18.70 | 0.316 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 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 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.
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. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 21.61 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 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 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.
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. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 21.61 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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