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(SAIL) Steel Authority complete technical analysis [charts+indicators] | Buy/Sell Steel Authority | (SAIL) share price targets

Complete technical analysis of Steel Authority (SAIL) by charts plus indicators, forecast predictions and share price targets for Steel Authority (SAIL)

10 day averaged volume of Steel Authority is 22802692

Date Daily Closing Price Open High Low Volume
21 Thu Nov 2024 110.59 111.50 112.20 108.65 0.861 times
19 Tue Nov 2024 111.45 113.15 114.45 111.08 0.512 times
18 Mon Nov 2024 112.77 112.20 115.11 111.26 0.787 times
14 Thu Nov 2024 111.84 111.69 114.38 111.43 0.661 times
13 Wed Nov 2024 111.69 113.10 114.49 111.00 1.068 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 112, but if it comes above 112, then a intra day buy could be more profitable.
If you take a sell trade below 112, then use 112 as stoploss and 107.7 as target. However if you take a buy trade in stock , then use 112 as stoploss and 115.54 as target.

Share price targets for Steel Authority (SAIL)

Target Type Value
Downside Target 108.65
Upside Target 117.59
Upside Target 123.80
Upside Target 125.00
Upside Target 126.85
Upside Target 135.30
Upside Target 142.12
Upside Target 144.20
Upside Target 156.35
Upside Target 158.75

Intraday share price targets for Steel Authority (SAIL)

Target Type Value
Downside Intraday Target 107.79
Downside Intraday Target 104.99
Upside Intraday Target 114.25
Upside Intraday Target 117.91
Upside Intraday Target 111.45

Weekly technical analysis of Steel Authority (SAIL)

Date Weekly Closing Price Open High Low Volume
21 Thu Nov 2024 110.59 112.20 115.11 108.65 0.684 times
14 Thu Nov 2024 111.84 117.80 119.20 111.00 0.466 times
08 Fri Nov 2024 118.21 118.00 126.85 112.60 4.246 times
01 Fri Nov 2024 117.75 115.05 118.80 113.60 0.721 times
30 Wed Oct 2024 116.03 112.36 117.59 111.20 0.412 times

Price has moved down 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 Steel Authority (SAIL)

Date Monthly Closing Price Open High Low Volume
21 Thu Nov 2024 110.59 116.52 126.85 108.65 0.562 times
31 Thu Oct 2024 115.75 141.39 142.12 110.40 1.123 times
30 Mon Sep 2024 141.36 133.86 144.20 123.80 0.868 times
30 Fri Aug 2024 133.69 154.05 156.35 125.00 0.8 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 Steel Authority (SAIL)

Indicator Name Indicator Value Indicator Signal
ADX 12, 32, 44 Sell
MACD -8, -7Sell
Stochastics 8Sell
CCI -95Sell
RSI 49Sell
OBV -141964158Sell
VWAP 117Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Steel Authority ( (SAIL) ) based on a short 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.

Price action analysis of Steel Authority ( (SAIL) ) 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 Steel Authority ( (SAIL) ) 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 Steel Authority ( (SAIL) ) based on a mid to longer 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.

ADX buy sell signal for Steel Authority stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Steel Authority in short term and the sell signal is strong.

Steel Authority Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Steel Authority in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Steel Authority is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 116.63 and Steel Authority (SAIL) 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 Steel Authority (SAIL) stock. Volume based technical analysis of Steel Authority (SAIL) stock is negative.

Steel Authority 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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