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(Ramasteel) Ramasteel complete technical analysis [charts+indicators] | Buy/Sell Ramasteel | (Ramasteel) share price targets

Complete technical analysis of Ramasteel (Ramasteel) by charts plus indicators, forecast predictions and share price targets for Ramasteel (Ramasteel)

Showing technical analysis as on 2024-12-17 View latest technical analysis

10 day averaged volume of Ramasteel is 2164591

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	12.87	12.97	12.99	12.81	0.76 times
16 Mon Dec 2024	12.99	13.06	13.19	12.90	0.69 times
13 Fri Dec 2024	13.14	13.04	13.20	12.92	0.377 times
12 Thu Dec 2024	13.23	13.37	13.46	13.06	0.893 times
11 Wed Dec 2024	13.37	13.59	13.59	13.32	0.756 times
10 Tue Dec 2024	13.55	13.47	14.19	13.01	1.54 times
09 Mon Dec 2024	13.48	13.71	13.79	13.40	0.633 times
06 Fri Dec 2024	13.68	13.47	13.87	13.27	1.484 times
05 Thu Dec 2024	13.41	13.51	13.55	13.32	0.994 times
04 Wed Dec 2024	13.44	13.78	13.78	13.31	0.895 times

My analysis of stock is bearish for shortterm, and stock might move down till 12.3 or till 11.6. Use a stoploss of 12.9 and if the stock hits stoploss, then it can shoot up till 13.5

Share price targets for Ramasteel (Ramasteel)

Target Type	Value
Downside Target	9.97
Downside Target	10.37
Downside Target	11.67
Downside Target	12.01
Downside Target	12.37
Upside Target	13.19
Upside Target	14.18
Upside Target	14.19
Upside Target	14.39
Upside Target	15.01
Upside Target	17.51

Intraday share price targets for Ramasteel (Ramasteel)

Target Type	Value
Downside Intraday Target	12.72
Downside Intraday Target	12.58
Upside Intraday Target	13.1
Upside Intraday Target	13.34
Upside Intraday Target	12.96

Weekly technical analysis of Ramasteel (Ramasteel)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	12.87	13.06	13.19	12.81	0.345 times
13 Fri Dec 2024	13.14	13.71	14.19	12.92	0.612 times
06 Fri Dec 2024	13.68	12.27	14.18	12.04	1.719 times
29 Fri Nov 2024	12.25	12.31	12.70	12.01	0.805 times
22 Fri Nov 2024	11.98	12.38	12.61	11.70	1.12 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 Ramasteel (Ramasteel)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Tue Dec 2024	12.87	12.27	14.19	12.04	0.605 times
29 Fri Nov 2024	12.25	13.90	14.39	11.70	0.638 times
31 Thu Oct 2024	13.64	14.45	15.01	11.67	0.213 times
30 Mon Sep 2024	14.49	10.60	17.51	10.37	4.473 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 Ramasteel (Ramasteel)

Price action analysis of Ramasteel ( (Ramasteel) ) 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 Ramasteel ( (Ramasteel) ) based on a short to mid 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.

Price action analysis of Ramasteel ( (Ramasteel) ) 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 Ramasteel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ramasteel in short term but the sell signal is initial and weak.

Ramasteel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ramasteel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ramasteel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.38 and Ramasteel (Ramasteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ramasteel (Ramasteel) stock. Volume based technical analysis of Ramasteel (Ramasteel) stock is negative.

Ramasteel 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.