(ModernSteel) Modern Steel complete technical analysis [charts+indicators] | Buy/Sell Modern Steel | (ModernSteel) share price targets
Complete technical analysis of Modern Steel (ModernSteel) by charts plus indicators, forecast predictions and share price targets for Modern Steel (ModernSteel)
Showing technical analysis as on 2025-02-11 View latest technical analysis
10 day averaged volume of Modern Steel is 2208
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Feb 2025 | 16.51 | 16.70 | 16.70 | 15.31 | 1.356 times |
| 10 Mon Feb 2025 | 16.43 | 16.28 | 16.80 | 16.11 | 0.406 times |
| 07 Fri Feb 2025 | 16.61 | 16.90 | 16.93 | 16.32 | 0.839 times |
| 06 Thu Feb 2025 | 16.73 | 16.21 | 16.83 | 16.21 | 0.519 times |
| 05 Wed Feb 2025 | 16.41 | 16.90 | 16.90 | 16.22 | 0.531 times |
| 04 Tue Feb 2025 | 16.22 | 16.50 | 16.85 | 16.05 | 0.905 times |
| 03 Mon Feb 2025 | 16.15 | 16.40 | 17.09 | 16.01 | 0.309 times |
| 31 Fri Jan 2025 | 16.11 | 15.95 | 16.64 | 15.61 | 1.023 times |
| 30 Thu Jan 2025 | 15.95 | 16.33 | 16.33 | 15.55 | 2.619 times |
| 29 Wed Jan 2025 | 16.15 | 15.58 | 16.17 | 15.57 | 0.721 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16 or till 15.2. Use a stoploss of 16.74 and if the stock hits stoploss, then it can shoot up till 17.44
Share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Target | 15.31 |
| Downside Target | 16.01 |
| Upside Target | 16.70 |
| Upside Target | 17.45 |
| Upside Target | 18.50 |
| Upside Target | 19.00 |
| Upside Target | 19.47 |
| Upside Target | 19.51 |
| Upside Target | 20.02 |
| Upside Target | 20.39 |
| Upside Target | 22.00 |
| Upside Target | 23.84 |
Intraday share price targets for Modern Steel (ModernSteel)
| Target Type | Value |
| Downside Intraday Target | 15.61 |
| Downside Intraday Target | 14.72 |
| Upside Intraday Target | 17.1 |
| Upside Intraday Target | 17.7 |
| Downside Intraday Target | 16.21 |
Weekly technical analysis of Modern Steel (ModernSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Feb 2025 | 16.51 | 16.28 | 16.80 | 15.31 | 0.568 times |
| 07 Fri Feb 2025 | 16.61 | 16.40 | 17.09 | 16.01 | 0.397 times |
| 31 Fri Jan 2025 | 16.11 | 17.14 | 17.49 | 15.55 | 1.691 times |
| 24 Fri Jan 2025 | 16.80 | 18.59 | 18.59 | 16.70 | 0.813 times |
| 17 Fri Jan 2025 | 17.73 | 18.98 | 19.47 | 17.45 | 0.634 times |
Price has moved down 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 Modern Steel (ModernSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 11 Tue Feb 2025 | 16.51 | 16.40 | 17.09 | 15.31 | 0.158 times |
| 31 Fri Jan 2025 | 16.11 | 19.00 | 20.02 | 15.55 | 1.037 times |
| 31 Tue Dec 2024 | 18.77 | 19.75 | 20.39 | 18.50 | 1.179 times |
| 29 Fri Nov 2024 | 19.75 | 21.50 | 22.00 | 19.00 | 0.355 times |
Scroll below to view daily charts
Price has moved up 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 Modern Steel (ModernSteel)
Price action analysis of Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Modern Steel 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.
Modern Steel 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 below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Modern Steel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Modern Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.25 and Modern Steel (ModernSteel) 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 Modern Steel (ModernSteel) stock. Volume based technical analysis of Modern Steel (ModernSteel) stock is negative.
Modern Steel 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel ( (ModernSteel) ) 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 Modern Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Modern Steel 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.
Modern Steel 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 below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Modern Steel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Modern Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.25 and Modern Steel (ModernSteel) 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 Modern Steel (ModernSteel) stock. Volume based technical analysis of Modern Steel (ModernSteel) stock is negative.
Modern Steel 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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