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

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

National Steel trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-05-02 View latest technical analysis

10 day averaged volume of National Steel is 2908480

Date Daily Closing Price Open High Low Volume
02 Thu May 2024 2.76 2.75 2.78 2.73 0.852 times
01 Wed May 2024 2.69 2.70 2.76 2.67 0.601 times
30 Tue Apr 2024 2.69 2.70 2.72 2.67 0.608 times
29 Mon Apr 2024 2.78 2.77 2.80 2.75 0.744 times
26 Fri Apr 2024 2.77 2.77 2.81 2.76 1.12 times
25 Thu Apr 2024 2.71 2.72 2.76 2.71 1.017 times
24 Wed Apr 2024 2.78 2.85 2.85 2.76 0.571 times
23 Tue Apr 2024 2.82 2.80 2.86 2.77 1.489 times
22 Mon Apr 2024 2.87 2.77 2.89 2.75 1.448 times
19 Fri Apr 2024 2.82 2.70 2.82 2.70 1.144 times

My analysis of stock is bearish for shortterm, and stock might move down till 2.7 or till 2.6. Use a stoploss of 2.81 and if the stock hits stoploss, then it can shoot up till 2.91

Share price targets for National Steel (SID)

Target Type Value
Downside Target 2.64
Upside Target 2.78
Upside Target 3.00
Upside Target 3.08
Upside Target 3.17
Upside Target 3.35
Upside Target 3.36
Upside Target 3.41
Upside Target 3.84
Upside Target 3.99

Intraday share price targets for National Steel (SID)

Target Type Value
Downside Intraday Target 2.69
Downside Intraday Target 2.61
Upside Intraday Target 2.82
Upside Intraday Target 2.87
Downside Intraday Target 2.74

Weekly technical analysis of National Steel (SID)

Date Weekly Closing Price Open High Low Volume
02 Thu May 2024 2.76 2.77 2.80 2.67 0.497 times
26 Fri Apr 2024 2.77 2.77 2.89 2.71 0.859 times
19 Fri Apr 2024 2.82 2.79 2.84 2.64 1.039 times
12 Fri Apr 2024 2.81 3.02 3.08 2.79 1.047 times
05 Fri Apr 2024 2.94 3.14 3.17 2.92 1.503 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 National Steel (SID)

Date Monthly Closing Price Open High Low Volume
02 Thu May 2024 2.76 2.70 2.78 2.67 0.056 times
30 Tue Apr 2024 2.69 3.14 3.17 2.64 1.234 times
28 Thu Mar 2024 3.13 3.39 3.41 3.00 1.26 times
29 Thu Feb 2024 3.37 3.54 3.84 3.36 0.884 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 National Steel (SID)

Price action analysis of National Steel ( (SID) ) based on a short 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 National Steel ( (SID) ) based on a short 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 National Steel ( (SID) ) 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 National Steel ( (SID) ) 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 National Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for National 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.

National Steel 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for National Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.78 and National Steel (SID) 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 National Steel (SID) stock. Volume based technical analysis of National Steel (SID) stock is negative.

National Steel Stock is giving positive 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.

Price action analysis of National Steel ( (SID) ) based on a short 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 National Steel ( (SID) ) based on a short 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 National Steel ( (SID) ) 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 National Steel ( (SID) ) 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 National Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for National 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.

National Steel 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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for National Steel in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.78 and National Steel (SID) 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 National Steel (SID) stock. Volume based technical analysis of National Steel (SID) stock is negative.

National Steel Stock is giving positive 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.

Daily charts

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Daily chart
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