(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 2024-10-18 View latest technical analysis
10 day averaged volume of Srusteels is 5391120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 7.76 | 8.49 | 8.49 | 7.61 | 1.095 times |
| 17 Thu Oct 2024 | 8.45 | 9.02 | 9.11 | 7.96 | 2.188 times |
| 16 Wed Oct 2024 | 8.84 | 8.95 | 8.97 | 8.51 | 0.308 times |
| 15 Tue Oct 2024 | 8.82 | 8.25 | 8.90 | 7.93 | 0.73 times |
| 14 Mon Oct 2024 | 8.11 | 9.00 | 9.24 | 8.03 | 5.177 times |
| 11 Fri Oct 2024 | 8.92 | 8.40 | 9.18 | 8.11 | 0.693 times |
| 10 Thu Oct 2024 | 8.36 | 8.08 | 8.47 | 7.55 | 0.237 times |
| 09 Wed Oct 2024 | 8.10 | 8.50 | 8.70 | 7.96 | 0.575 times |
| 08 Tue Oct 2024 | 8.84 | 9.13 | 9.13 | 8.56 | 0.031 times |
| 07 Mon Oct 2024 | 8.90 | 9.48 | 9.48 | 8.85 | 0.017 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 7.7 as stoploss in an intra day buy trade for a target of 10.23. However, stock will show a bearish move below 7.7.
Share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Target | 7.55 |
| Upside Target | 7.93 |
| Upside Target | 8.64 |
| Upside Target | 8.97 |
| Upside Target | 9.24 |
| Upside Target | 9.80 |
| Upside Target | 10.24 |
| Upside Target | 10.74 |
| Upside Target | 11.30 |
| Upside Target | 11.71 |
| Upside Target | 13.65 |
| Upside Target | 15.15 |
| Upside Target | 15.20 |
Intraday share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Intraday Target | 7.17 |
| Downside Intraday Target | 6.57 |
| Upside Intraday Target | 8.8 |
| Upside Intraday Target | 9.83 |
| Upside Intraday Target | 8.2 |
Weekly technical analysis of Srusteels (Srusteels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 7.76 | 9.00 | 9.24 | 7.61 | 6.116 times |
| 11 Fri Oct 2024 | 8.92 | 9.48 | 9.48 | 7.55 | 1.173 times |
| 03 Thu Oct 2024 | 9.26 | 10.24 | 10.24 | 8.64 | 0.972 times |
| 27 Fri Sep 2024 | 9.96 | 14.74 | 15.15 | 9.60 | 2.183 times |
| 20 Fri Sep 2024 | 15.11 | 13.08 | 15.20 | 11.71 | 1.087 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 Srusteels (Srusteels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 7.76 | 9.80 | 9.80 | 7.55 | 3.725 times |
| 30 Mon Sep 2024 | 9.59 | 10.21 | 15.20 | 8.97 | 5.156 times |
| 30 Fri Aug 2024 | 10.75 | 11.11 | 11.30 | 7.93 | 0.472 times |
| 31 Wed Jul 2024 | 11.11 | 9.68 | 13.65 | 9.30 | 7.378 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 Srusteels ( (Srusteels) ) 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 Srusteels stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Srusteels in short term and the sell signal is strong.
Srusteels 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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 8.27 and Srusteels (Srusteels) 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 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 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 Srusteels ( (Srusteels) ) 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 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 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 Srusteels ( (Srusteels) ) 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 Srusteels stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Srusteels in short term and the sell signal is strong.
Srusteels 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 getting stronger in this stock.
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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 8.27 and Srusteels (Srusteels) 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 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 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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