(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 2024-06-07 View latest technical analysis
10 day averaged volume of National Steel is 1739930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 2.33 | 2.38 | 2.39 | 2.33 | 1.051 times |
| 06 Thu Jun 2024 | 2.42 | 2.36 | 2.44 | 2.36 | 1.473 times |
| 05 Wed Jun 2024 | 2.35 | 2.36 | 2.38 | 2.34 | 0.696 times |
| 04 Tue Jun 2024 | 2.37 | 2.37 | 2.39 | 2.35 | 0.819 times |
| 03 Mon Jun 2024 | 2.43 | 2.45 | 2.46 | 2.39 | 1.839 times |
| 31 Fri May 2024 | 2.49 | 2.53 | 2.54 | 2.47 | 1.36 times |
| 30 Thu May 2024 | 2.53 | 2.53 | 2.56 | 2.52 | 0.572 times |
| 29 Wed May 2024 | 2.52 | 2.53 | 2.54 | 2.51 | 0.73 times |
| 28 Tue May 2024 | 2.58 | 2.62 | 2.64 | 2.56 | 1.061 times |
| 24 Fri May 2024 | 2.60 | 2.57 | 2.63 | 2.57 | 0.707 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.3 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.58 as target.
Share price targets for National Steel (SID)
| Target Type | Value |
| Downside Target | 2.33 |
| Upside Target | 2.46 |
| Upside Target | 2.63 |
| Upside Target | 2.80 |
| Upside Target | 2.85 |
| Upside Target | 2.86 |
| Upside Target | 3.00 |
| Upside Target | 3.17 |
| Upside Target | 3.36 |
| Upside Target | 3.41 |
| Upside Target | 3.84 |
Intraday share price targets for National Steel (SID)
| Target Type | Value |
| Downside Intraday Target | 2.29 |
| Downside Intraday Target | 2.24 |
| Upside Intraday Target | 2.42 |
| Upside Intraday Target | 2.5 |
| Upside Intraday Target | 2.37 |
Weekly technical analysis of National Steel (SID)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 2.33 | 2.45 | 2.46 | 2.33 | 1.58 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of National Steel (SID)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 2.33 | 2.45 | 2.46 | 2.33 | 0.254 times |
| 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 |
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 BUY signal in short term but buying is losing 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 2.46 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 BUY signal in short term but buying is losing 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 2.46 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.