Homepage Active Options Active Stocks

Stock analysis Steel City Securities Ltd STEELCITY

More indepth analysis on MunafaSutra.com

Moving Averages for Steel City Securities Ltd

  • 5Day Average: 105.23
  • 12Day Average: 106.6
  • 20Day Average: 109.46
  • 50Day Average: 111.89
  • 100Day Average: 105.6
  • 150Day Average: 100.93
  • 200Day Average: 99.28

STEELCITY Indicators & signals

Indicator MACD (12,26,9)

106.7, 109.35, -1.95
Indicator MACD is in negative zone

Indicator ADX (14)

22.11, 13.1, 20.53
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of STEELCITY Steel City Securities Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 103.15 102.41 to 107.49 -1.72% 1.23 times
20 Mon Jan 2025 104.96 103.51 to 106.07 1.18% 0.73 times
17 Fri Jan 2025 103.74 102.22 to 108.68 -3.77% 2.09 times
16 Thu Jan 2025 107.80 105.02 to 109.20 1.2% 0.52 times
15 Wed Jan 2025 106.52 105.19 to 108.80 -0.74% 0.47 times
14 Tue Jan 2025 107.31 100.17 to 107.79 6.12% 1.02 times
13 Mon Jan 2025 101.12 100.00 to 107.93 0% 1.09 times
13 Mon Jan 2025 101.12 100.00 to 107.93 -5.88% 1.09 times
10 Fri Jan 2025 107.44 106.56 to 111.79 -2.62% 1.28 times
09 Thu Jan 2025 110.33 110.10 to 112.56 -1.24% 0.61 times
08 Wed Jan 2025 111.71 111.02 to 116.48 -1.96% 1.1 times
07 Tue Jan 2025 113.94 108.88 to 115.48 4.65% 2.06 times

Technical analysis forecast for Steel City Securities Ltd 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 City Securities Ltd STEELCITY at this time. Stock is falling and might fall more.

It appears as if Steel City Securities Ltd STEELCITY gave a large move recently.

Stock of Steel City Securities Ltd (STEELCITY) 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 City Securities Ltd is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Steel City Securities Ltd stays below 103.6, but if it comes above 103.6, then a intra day buy could be more profitable.
If you take a sell trade below 103.6, then use 103.6 as stoploss and 97.6 as target. However if you take a buy trade in Steel City Securities Ltd, then use 103.6 as stoploss and 108.58 as target.

More indepth analysis on MunafaSutra.com