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Stock analysis Steel City Securities Ltd STEELCITY

More indepth analysis on MunafaSutra.com

Moving Averages for Steel City Securities Ltd

  • 5Day Average: 96.59
  • 12Day Average: 100
  • 20Day Average: 97.32
  • 50Day Average: 93.45
  • 100Day Average: 94.57
  • 150Day Average: 89.55
  • 200Day Average: 86.09

STEELCITY Indicators & signals

Indicator MACD (12,26,9)

97.93, 96.66, 1.77
Indicator MACD is in positive zone

Indicator ADX (14)

15.19, 22.41, 16.5
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
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
17 Tue Sep 2024 96.97 96.80 to 98.29 -0.06% 0.1 times
16 Mon Sep 2024 97.03 96.79 to 99.65 -1.16% 0.22 times
13 Fri Sep 2024 98.17 95.54 to 100.00 2.77% 1.1 times
12 Thu Sep 2024 95.52 95.10 to 96.80 0.25% 0.24 times
11 Wed Sep 2024 95.28 93.91 to 102.94 -6.6% 1.18 times
10 Tue Sep 2024 102.01 100.09 to 104.00 1.58% 0.91 times
09 Mon Sep 2024 100.42 100.00 to 103.15 -1.64% 0.31 times
06 Fri Sep 2024 102.09 98.30 to 104.97 -1.04% 0.9 times
05 Thu Sep 2024 103.16 102.41 to 105.60 0% 0.56 times
04 Wed Sep 2024 103.16 102.00 to 109.00 -1.7% 1.69 times
03 Tue Sep 2024 104.94 99.60 to 109.25 3.69% 2.89 times
02 Mon Sep 2024 101.21 99.16 to 104.88 2.24% 2.67 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, 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 Steel City Securities Ltd is bearish for shortterm, and stock might move down till 92.9 or till 87.8. Use a stoploss of 97.24 and if the stock hits stoploss, then it can shoot up till 101.54

More indepth analysis on MunafaSutra.com