Homepage Active Options Active Stocks

Stock analysis Steelcast Limited STEELCAS

More indepth analysis on MunafaSutra.com

Moving Averages for Steelcast Limited

  • 5Day Average: 805.69
  • 12Day Average: 783.66
  • 20Day Average: 775.66
  • 50Day Average: 705.09
  • 100Day Average: 677.72
  • 150Day Average: 667.5
  • 200Day Average: 665.11

STEELCAS Indicators & signals

Indicator MACD (12,26,9)

786.12, 758.28, 28.36
Indicator MACD is in positive zone

Indicator ADX (14)

31.79, 25.29, 13.09
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of STEELCAS Steelcast Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
04 Fri Oct 2024 797.50 782.00 to 813.85 -0.58% 0.89 times
03 Thu Oct 2024 802.15 772.05 to 804.25 0.04% 0.72 times
01 Tue Oct 2024 801.80 795.10 to 822.00 -1.04% 0.47 times
30 Mon Sep 2024 810.20 791.60 to 834.00 -0.81% 0.87 times
27 Fri Sep 2024 816.80 764.20 to 827.75 4.91% 2.45 times
26 Thu Sep 2024 778.60 752.70 to 787.00 2.29% 0.43 times
25 Wed Sep 2024 761.15 753.40 to 793.80 -2.7% 0.6 times
24 Tue Sep 2024 782.30 775.50 to 810.00 0.75% 1.44 times
23 Mon Sep 2024 776.50 752.05 to 784.70 2.45% 0.8 times
20 Fri Sep 2024 757.90 748.60 to 773.50 0.32% 0.7 times
19 Thu Sep 2024 755.45 737.00 to 776.00 -1.06% 1.53 times
18 Wed Sep 2024 763.55 750.50 to 776.30 -1.7% 1.44 times

Technical analysis forecast of Steelcast Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Steelcast Limited STEELCAS at this time. Stock is rising and might rise more.

It appears as if Steelcast Limited STEELCAS gave a large move recently.

Stock of Steelcast Limited (STEELCAS) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Steelcast Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Steelcast Limited stays above 792.2, but if it comes below 792.2, then a intra day sell could be more profitable.
If you take a sell trade below 792.2, then use 792.2 as stoploss and 769.71 as target. However if you take a buy trade in Steelcast Limited, then use 792.2 as stoploss and 819.2 as target.

More indepth analysis on MunafaSutra.com