(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 2024-05-31 View latest technical analysis
10 day averaged volume of National Steel is 1611008
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 2.49 | 2.53 | 2.54 | 2.47 | 1.469 times |
| 30 Thu May 2024 | 2.53 | 2.53 | 2.56 | 2.52 | 0.618 times |
| 29 Wed May 2024 | 2.52 | 2.53 | 2.54 | 2.51 | 0.788 times |
| 28 Tue May 2024 | 2.58 | 2.62 | 2.64 | 2.56 | 1.145 times |
| 24 Fri May 2024 | 2.60 | 2.57 | 2.63 | 2.57 | 0.764 times |
| 23 Thu May 2024 | 2.52 | 2.60 | 2.60 | 2.51 | 0.802 times |
| 22 Wed May 2024 | 2.59 | 2.66 | 2.66 | 2.57 | 1.592 times |
| 21 Tue May 2024 | 2.79 | 2.81 | 2.85 | 2.78 | 1.391 times |
| 20 Mon May 2024 | 2.76 | 2.77 | 2.79 | 2.73 | 1.023 times |
| 17 Fri May 2024 | 2.77 | 2.74 | 2.78 | 2.71 | 0.854 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 2.4, for a target of 2.6 or 2.68
Share price targets for National Steel (SID)
| Target Type | Value |
| Downside Target | 2.47 |
| Upside Target | 2.63 |
| Upside Target | 2.80 |
| Upside Target | 2.86 |
| Upside Target | 3.00 |
| 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 | 2.43 |
| Downside Intraday Target | 2.36 |
| Upside Intraday Target | 2.6 |
| Upside Intraday Target | 2.7 |
| Upside Intraday Target | 2.53 |
Weekly technical analysis of National Steel (SID)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 2.49 | 2.62 | 2.64 | 2.47 | 0.721 times |
| 24 Fri May 2024 | 2.60 | 2.77 | 2.85 | 2.51 | 0.851 times |
| 17 Fri May 2024 | 2.77 | 2.77 | 2.80 | 2.63 | 1.415 times |
| 10 Fri May 2024 | 2.68 | 2.83 | 2.86 | 2.64 | 0.698 times |
| 03 Fri May 2024 | 2.83 | 2.77 | 2.85 | 2.67 | 0.651 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 |
| 31 Fri May 2024 | 2.49 | 2.70 | 2.86 | 2.47 | 0.533 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 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 National Steel (SID)
Price action analysis of National Steel ( (SID) ) 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 National Steel ( (SID) ) 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 National Steel ( (SID) ) 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 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 SELL signal for National Steel in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for National Steel 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of National 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 2.62 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 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 National Steel ( (SID) ) 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 National Steel ( (SID) ) 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 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 SELL signal for National Steel in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for National Steel 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of National 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 2.62 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.