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(PRAKASHSTL) Prakash Steelage complete technical analysis [charts+indicators] | Buy/Sell Prakash Steelage | (PRAKASHSTL) share price targets

Complete technical analysis of Prakash Steelage (PRAKASHSTL) by charts plus indicators, forecast predictions and share price targets for Prakash Steelage (PRAKASHSTL)

10 day averaged volume of Prakash Steelage is 444788

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 8.13 8.20 8.28 8.06 0.636 times
18 Mon Nov 2024 7.94 8.14 8.37 7.79 1.412 times
14 Thu Nov 2024 8.12 8.28 8.36 8.01 1.127 times
13 Wed Nov 2024 8.35 8.73 8.73 8.07 1.239 times
12 Tue Nov 2024 8.66 8.79 8.91 8.56 0.517 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.1 as stoploss in an intra day buy trade for a target of 8.48. However, stock will show a bearish move below 8.1.

Share price targets for Prakash Steelage (PRAKASHSTL)

Target Type Value
Downside Target 6.85
Downside Target 7.66
Downside Target 8.01
Upside Target 8.30
Upside Target 8.71
Upside Target 8.96
Upside Target 9.25
Upside Target 9.36
Upside Target 9.62
Upside Target 9.65
Upside Target 10.35
Upside Target 12.80

Intraday share price targets for Prakash Steelage (PRAKASHSTL)

Target Type Value
Downside Intraday Target 7.82
Downside Intraday Target 7.52
Upside Intraday Target 8.4
Upside Intraday Target 8.68
Downside Intraday Target 8.1

Weekly technical analysis of Prakash Steelage (PRAKASHSTL)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 8.13 8.14 8.37 7.79 0.534 times
14 Thu Nov 2024 8.12 8.90 8.96 8.01 0.697 times
08 Fri Nov 2024 8.78 9.18 9.25 8.38 1.964 times
01 Fri Nov 2024 9.04 8.47 9.25 8.30 1.371 times
30 Wed Oct 2024 8.49 8.04 8.78 7.66 0.381 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Prakash Steelage (PRAKASHSTL)

Date Monthly Closing Price Open High Low Volume
19 Tue Nov 2024 8.13 9.08 9.25 7.79 0.423 times
31 Thu Oct 2024 8.82 9.60 9.62 7.66 3.106 times
30 Mon Sep 2024 9.17 9.36 9.36 8.71 0.233 times
08 Mon Jan 2024 12.80 10.00 12.80 9.65 0.386 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Prakash Steelage (PRAKASHSTL)

Indicator Name Indicator Value Indicator Signal
ADX 10, 28, 47 Sell
MACD -0, 0Sell
Stochastics 14Sell
CCI -89Buy
RSI 46Sell
OBV -971439Sell
VWAP 9Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Prakash Steelage ( (PRAKASHSTL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Prakash Steelage stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Prakash Steelage in short term and the sell signal is strong.

Prakash Steelage Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Prakash Steelage in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Prakash Steelage is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.5 and Prakash Steelage (PRAKASHSTL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Prakash Steelage (PRAKASHSTL) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL) stock is negative.

Prakash Steelage Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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