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

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

Showing technical analysis as on 2025-04-17 View latest technical analysis

10 day averaged volume of Zenith Steel is 131505

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	6.87	6.71	6.99	6.71	0.404 times
16 Wed Apr 2025	6.78	6.91	7.20	6.63	0.888 times
15 Tue Apr 2025	6.70	6.76	7.01	5.65	1.484 times
11 Fri Apr 2025	6.76	6.81	6.82	6.65	0.612 times
09 Wed Apr 2025	6.64	6.83	6.83	6.57	0.399 times
08 Tue Apr 2025	6.66	6.81	6.98	6.36	0.891 times
07 Mon Apr 2025	6.68	7.00	7.00	6.21	0.757 times
04 Fri Apr 2025	7.02	7.40	7.40	6.80	1.785 times
03 Thu Apr 2025	7.22	7.26	7.32	6.82	1.085 times
02 Wed Apr 2025	7.14	6.90	7.29	6.69	1.457 times

My analysis of stock is bullish for shortterm, and stock might move up till 7 or till 7.3. Use a stoploss of 6.77 and if this stock hits its stoploss, then it can fall down till 6.55

Share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Target	5.65
Downside Target	6.02
Downside Target	6.45
Downside Target	6.63
Upside Target	7.00
Upside Target	7.20
Upside Target	7.40
Upside Target	7.50
Upside Target	7.76
Upside Target	7.98
Upside Target	8.19
Upside Target	9.28

Intraday share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Intraday Target	5.95
Downside Intraday Target	5.02
Upside Intraday Target	7.5
Upside Intraday Target	8.12
Downside Intraday Target	6.57

Weekly technical analysis of Zenith Steel (ZENITHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	6.87	6.76	7.20	5.65	1.044 times
11 Fri Apr 2025	6.76	7.00	7.00	6.21	0.535 times
04 Fri Apr 2025	7.02	6.63	7.40	6.63	0.533 times
28 Fri Mar 2025	6.50	6.98	7.34	6.12	1.748 times
21 Fri Mar 2025	6.83	6.42	7.02	6.24	1.601 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 Zenith Steel (ZENITHSTL)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Thu Apr 2025	6.87	6.63	7.40	5.65	0.48 times
28 Fri Mar 2025	6.50	6.62	7.50	6.02	0.984 times
28 Fri Feb 2025	6.46	6.81	7.98	6.24	0.499 times
31 Fri Jan 2025	6.84	7.95	9.28	6.45	79.939 times

Scroll below to view daily charts

Price has moved up 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 Zenith Steel (ZENITHSTL)

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

MACD generated a BUY signal for Zenith Steel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zenith Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 SELL signal for Zenith Steel in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Zenith Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.89 and Zenith Steel (ZENITHSTL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Zenith Steel (ZENITHSTL) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL) stock is negative.

Zenith Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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