Homepage Active Options Active Stocks

Stock analysis Steel Strips Wheels Limited SSWL

More indepth analysis on MunafaSutra.com

Moving Averages for Steel Strips Wheels Limited

  • 5Day Average: 224
  • 12Day Average: 226.62
  • 20Day Average: 229.29
  • 50Day Average: 240.35
  • 100Day Average: 254.7
  • 150Day Average: 263.04
  • 200Day Average: 256.8

SSWL Indicators & signals

Indicator MACD (12,26,9)

226.93, 231.65, -5.01
Indicator MACD is in negative zone

Indicator ADX (14)

23.59, 14.5, 23.46
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 54
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SSWL Steel Strips Wheels Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 226.90 224.00 to 228.60 1.34% 0.51 times
25 Thu Apr 2024 223.90 223.50 to 228.65 -1.08% 0.65 times
24 Wed Apr 2024 226.35 223.50 to 229.00 1.84% 0.89 times
23 Tue Apr 2024 222.25 220.60 to 226.45 0.75% 1.22 times
22 Mon Apr 2024 220.60 218.70 to 228.00 -1.54% 1.13 times
19 Fri Apr 2024 224.05 222.25 to 226.70 -1.04% 0.35 times
18 Thu Apr 2024 226.40 224.75 to 234.75 -1.05% 1.56 times
16 Tue Apr 2024 228.80 223.90 to 238.50 1.94% 1.71 times
15 Mon Apr 2024 224.45 220.30 to 228.25 -1.51% 0.38 times
12 Fri Apr 2024 227.90 227.50 to 235.00 -2.29% 1.48 times
10 Wed Apr 2024 233.25 232.10 to 237.65 -0.58% 0.62 times
09 Tue Apr 2024 234.60 232.70 to 240.65 -0.76% 0.4 times

Technical analysis forecast for Steel Strips Wheels Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Steel Strips Wheels Limited SSWL at this time. Stock is falling and might fall more.

It appears as if Steel Strips Wheels Limited SSWL gave a large move recently.

Stock of Steel Strips Wheels Limited (SSWL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Steel Strips Wheels Limited is bearish for shortterm, and stock might move down till 223.3 or till 215.8. Use a stoploss of 229.57 and if the stock hits stoploss, then it can shoot up till 235.82

More indepth analysis on MunafaSutra.com