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Stock analysis Steelcast Limited STEELCAS

More indepth analysis on MunafaSutra.com

Moving Averages for Steelcast Limited

  • 5Day Average: 866.02
  • 12Day Average: 877.6
  • 20Day Average: 860.46
  • 50Day Average: 811.17
  • 100Day Average: 766.02
  • 150Day Average: 727.29
  • 200Day Average: 707.82

STEELCAS Indicators & signals

Indicator MACD (12,26,9)

864.87, 847.52, 23.44
Indicator MACD is in positive zone

Indicator ADX (14)

7.44, 14.96, 17.37
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
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
26 Thu Dec 2024 844.60 835.25 to 858.60 -0.19% 0.8 times
24 Tue Dec 2024 846.20 845.00 to 876.60 -3.4% 0.81 times
23 Mon Dec 2024 875.95 862.05 to 881.70 1.35% 0.51 times
20 Fri Dec 2024 864.30 848.80 to 903.80 -3.87% 1.31 times
19 Thu Dec 2024 899.05 875.00 to 903.75 1.32% 0.73 times
18 Wed Dec 2024 887.35 880.00 to 904.80 0% 0.7 times
18 Wed Dec 2024 887.35 880.00 to 904.80 -0.03% 0.7 times
17 Tue Dec 2024 887.60 867.60 to 900.00 0.9% 0.85 times
16 Mon Dec 2024 879.65 873.40 to 909.90 0.78% 1.13 times
13 Fri Dec 2024 872.85 862.95 to 903.60 -2.02% 2.23 times
12 Thu Dec 2024 890.85 880.60 to 916.90 -0.51% 1.03 times
11 Wed Dec 2024 895.40 874.40 to 912.70 -1.9% 1.68 times

Technical analysis forecast for Steelcast 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 Steelcast Limited STEELCAS at this time. Stock is falling and might fall more.

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

Stock of Steelcast Limited (STEELCAS) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Steelcast Limited is bearish for shortterm, and stock might move down till 819.2 or till 775.7. Use a stoploss of 855.52 and if the stock hits stoploss, then it can shoot up till 891.79

More indepth analysis on MunafaSutra.com