(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 2024-10-31 View latest technical analysis
10 day averaged volume of Srusteels is 4671011
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 6.56 | 6.29 | 6.57 | 6.20 | 0.359 times |
| 30 Wed Oct 2024 | 6.37 | 6.45 | 6.50 | 6.19 | 0.271 times |
| 29 Tue Oct 2024 | 6.51 | 6.40 | 6.60 | 6.20 | 0.281 times |
| 28 Mon Oct 2024 | 6.52 | 6.49 | 6.57 | 6.11 | 0.62 times |
| 25 Fri Oct 2024 | 6.43 | 6.20 | 6.55 | 5.93 | 0.521 times |
| 24 Thu Oct 2024 | 6.24 | 6.20 | 6.31 | 5.71 | 0.876 times |
| 23 Wed Oct 2024 | 6.01 | 6.01 | 6.60 | 6.01 | 1.654 times |
| 22 Tue Oct 2024 | 6.32 | 6.32 | 6.57 | 6.32 | 0.394 times |
| 21 Mon Oct 2024 | 7.02 | 7.62 | 7.62 | 6.99 | 1.594 times |
| 18 Fri Oct 2024 | 7.76 | 8.49 | 8.49 | 7.61 | 1.264 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 6.5 as stoploss in an intra day buy trade for a target of 7.62. However, stock will show a bearish move below 6.5.
Share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Target | 5.71 |
| Downside Target | 6.11 |
| Upside Target | 6.60 |
| Upside 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 | 13.65 |
| Upside Target | 15.20 |
Intraday share price targets for Srusteels (Srusteels)
| Target Type | Value |
| Downside Intraday Target | 6.25 |
| Downside Intraday Target | 5.93 |
| Upside Intraday Target | 6.74 |
| Upside Intraday Target | 6.91 |
| Downside Intraday Target | 6.42 |
Weekly technical analysis of Srusteels (Srusteels)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 6.56 | 6.49 | 6.60 | 6.11 | 0.304 times |
| 25 Fri Oct 2024 | 6.43 | 7.62 | 7.62 | 5.71 | 0.46 times |
| 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 |
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 Srusteels (Srusteels)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Thu Oct 2024 | 6.56 | 9.80 | 9.80 | 5.71 | 5.495 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 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 Srusteels ( (Srusteels) ) 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 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 losing momentum.
MACD generated a SELL signal for Srusteels 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.
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 moving up
CCI has generated a buy signal for Srusteels in short term but BUY signal is weak.
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 Srusteels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.66 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 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 Srusteels ( (Srusteels) ) 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 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 losing momentum.
MACD generated a SELL signal for Srusteels 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.
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 moving up
CCI has generated a buy signal for Srusteels in short term but BUY signal is weak.
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 Srusteels is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 6.66 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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