(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 2024-05-09 View latest technical analysis
10 day averaged volume of National Steel is 2055220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 2.71 | 2.70 | 2.71 | 2.67 | 0.958 times |
| 08 Wed May 2024 | 2.75 | 2.72 | 2.75 | 2.71 | 0.436 times |
| 07 Tue May 2024 | 2.77 | 2.81 | 2.83 | 2.77 | 0.489 times |
| 06 Mon May 2024 | 2.82 | 2.83 | 2.86 | 2.79 | 0.846 times |
| 03 Fri May 2024 | 2.83 | 2.82 | 2.85 | 2.81 | 1.235 times |
| 02 Thu May 2024 | 2.76 | 2.75 | 2.78 | 2.73 | 1.205 times |
| 01 Wed May 2024 | 2.69 | 2.70 | 2.76 | 2.67 | 0.85 times |
| 30 Tue Apr 2024 | 2.69 | 2.70 | 2.72 | 2.67 | 0.86 times |
| 29 Mon Apr 2024 | 2.78 | 2.77 | 2.80 | 2.75 | 1.052 times |
| 26 Fri Apr 2024 | 2.77 | 2.77 | 2.81 | 2.76 | 1.585 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 2.7 as stoploss in an intra day buy trade for a target of 2.77. However, stock will show a bearish move below 2.7.
Share price targets for National Steel (SID)
| Target Type | Value |
| Downside Target | 2.64 |
| Upside Target | 2.79 |
| Upside Target | 2.89 |
| 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 | 2.63 |
| Downside Intraday Target | 2.56 |
| Upside Intraday Target | 2.82 |
| Upside Intraday Target | 2.94 |
| Upside Intraday Target | 2.75 |
Weekly technical analysis of National Steel (SID)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 2.71 | 2.83 | 2.86 | 2.67 | 0.525 times |
| 03 Fri May 2024 | 2.83 | 2.77 | 2.85 | 2.67 | 0.651 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 |
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 |
| 09 Thu May 2024 | 2.71 | 2.70 | 2.86 | 2.67 | 0.164 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of National Steel ( (SID) ) 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 National Steel ( (SID) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
National 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for National Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 2.76 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 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.
Price action analysis of National Steel ( (SID) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of National Steel ( (SID) ) 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 National Steel ( (SID) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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.
National 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for National Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 2.76 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 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.