(Srusteels) Srusteels complete technical analysis [charts+indicators] | Buy/Sell Srusteels | (Srusteels) share price targets
Complete technical analysis of Srusteels (Srusteels) by charts plus indicators, forecast predictions and share price targets for Srusteels (Srusteels)
Showing technical analysis as on 2024-08-08 View latest technical analysis
10 day averaged volume of Srusteels is 710147
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 9.84 | 9.98 | 9.99 | 9.35 | 0.081 times |
| 07 Wed Aug 2024 | 9.96 | 9.91 | 9.97 | 9.70 | 0.041 times |
| 06 Tue Aug 2024 | 9.77 | 9.63 | 10.00 | 9.63 | 0.058 times |
| 05 Mon Aug 2024 | 9.69 | 9.90 | 10.00 | 9.60 | 0.101 times |
| 02 Fri Aug 2024 | 9.90 | 10.48 | 10.48 | 9.11 | 0.201 times |
| 01 Thu Aug 2024 | 9.91 | 11.11 | 11.11 | 9.70 | 2.325 times |
| 31 Wed Jul 2024 | 11.11 | 12.00 | 12.39 | 10.87 | 0.789 times |
| 30 Tue Jul 2024 | 12.18 | 12.50 | 12.50 | 11.18 | 0.4 times |
| 29 Mon Jul 2024 | 12.40 | 13.49 | 13.49 | 11.51 | 1.094 times |
| 26 Fri Jul 2024 | 13.65 | 11.30 | 13.65 | 10.52 | 4.676 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 9.4 as stoploss in an intra day buy trade for a target of 10.48. However, stock will show a bearish move below 9.4.
Share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Target | 8.68 |
| Downside Target | 9.02 |
| Downside Target | 9.30 |
| Upside Target | 9.95 |
| Upside Target | 10.00 |
| Upside Target | 10.55 |
| Upside Target | 10.74 |
| Upside Target | 10.97 |
| Upside Target | 11.11 |
| Upside Target | 13.49 |
| Upside Target | 13.65 |
Intraday share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Intraday Target | 9.46 |
| Downside Intraday Target | 9.08 |
| Upside Intraday Target | 10.11 |
| Upside Intraday Target | 10.38 |
| Downside Intraday Target | 9.73 |
Weekly technical analysis of Srusteels (Srusteels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 9.84 | 9.90 | 10.00 | 9.35 | 0.059 times |
| 02 Fri Aug 2024 | 9.90 | 13.49 | 13.49 | 9.11 | 0.712 times |
| 26 Fri Jul 2024 | 13.65 | 9.94 | 13.65 | 9.60 | 29.587 times |
| 19 Fri Jul 2024 | 9.71 | 9.90 | 9.99 | 9.66 | 0.619 times |
| 12 Fri Jul 2024 | 9.71 | 9.80 | 9.95 | 9.50 | 0.958 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 Srusteels (Srusteels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 9.84 | 11.11 | 11.11 | 9.11 | 0.28 times |
| 31 Wed Jul 2024 | 11.11 | 9.68 | 13.65 | 9.30 | 7.378 times |
| 28 Fri Jun 2024 | 9.63 | 10.49 | 10.74 | 8.75 | 1.423 times |
| 31 Fri May 2024 | 10.08 | 10.37 | 10.55 | 8.68 | 0.765 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 Srusteels (Srusteels)
Price action analysis of Srusteels ( (Srusteels) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srusteels ( (Srusteels) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Srusteels stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Srusteels in short term but the sell signal is initial and weak.
Srusteels Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Srusteels 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 Srusteels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.17 and Srusteels (Srusteels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.
Srusteels Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Srusteels ( (Srusteels) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Srusteels ( (Srusteels) ) 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 Srusteels ( (Srusteels) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Srusteels ( (Srusteels) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Srusteels stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Srusteels in short term but the sell signal is initial and weak.
Srusteels Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Srusteels 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 Srusteels is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 12.17 and Srusteels (Srusteels) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Srusteels (Srusteels) stock. Volume based technical analysis of Srusteels (Srusteels) stock is negative.
Srusteels Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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