Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-16 View latest technical analysis

10 day averaged volume of National Steel is 1127279

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2.43	2.48	2.48	2.39	0.973 times
15 Mon Jul 2024	2.47	2.46	2.48	2.43	0.808 times
12 Fri Jul 2024	2.46	2.42	2.46	2.40	0.927 times
11 Thu Jul 2024	2.41	2.41	2.45	2.41	1.135 times
10 Wed Jul 2024	2.39	2.43	2.44	2.38	1.059 times
09 Tue Jul 2024	2.41	2.39	2.42	2.38	0.668 times
08 Mon Jul 2024	2.38	2.35	2.38	2.34	0.835 times
05 Fri Jul 2024	2.39	2.40	2.41	2.37	0.89 times
03 Wed Jul 2024	2.41	2.36	2.42	2.36	0.936 times
03 Wed Jul 2024	2.41	2.36	2.42	2.36	0.936 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.4, but if it comes below 2.4, then a intra day sell could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.37 as target. However if you take a buy trade in stock , then use 2.4 as stoploss and 2.5 as target.

Share price targets for National Steel (SID)

Target Type	Value
Downside Target	2.20
Downside Target	2.25
Downside Target	2.34
Upside Target	2.48
Upside Target	2.49
Upside Target	2.64
Upside Target	2.86
Upside Target	3.00
Upside Target	3.17
Upside Target	3.41

Intraday share price targets for National Steel (SID)

Target Type	Value
Downside Intraday Target	2.39
Downside Intraday Target	2.34
Upside Intraday Target	2.48
Upside Intraday Target	2.52
Upside Intraday Target	2.43

Weekly technical analysis of National Steel (SID)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	2.43	2.46	2.48	2.39	0.385 times
12 Fri Jul 2024	2.46	2.35	2.46	2.34	2.532 times
05 Fri Jul 2024	2.39	2.36	2.42	2.36	0.515 times
03 Wed Jul 2024	2.41	2.34	2.42	2.25	0.581 times
28 Fri Jun 2024	2.30	2.36	2.38	2.25	0.595 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
16 Tue Jul 2024	2.43	2.34	2.48	2.25	0.296 times
28 Fri Jun 2024	2.30	2.45	2.49	2.20	1.115 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

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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of National Steel ( (SID) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 2.42 and National Steel (SID) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive

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