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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 2024-08-08 View latest technical analysis

10 day averaged volume of National Steel is 1423351

Date Daily Closing Price Open High Low Volume
08 Thu Aug 2024 2.06 2.01 2.07 1.99 0.944 times
07 Wed Aug 2024 2.01 2.03 2.04 2.00 0.663 times
06 Tue Aug 2024 2.00 2.01 2.02 1.97 0.855 times
05 Mon Aug 2024 1.99 1.90 2.00 1.89 1.451 times
02 Fri Aug 2024 1.99 2.02 2.02 1.97 1.717 times
01 Thu Aug 2024 2.01 2.11 2.13 2.00 0.897 times
31 Wed Jul 2024 2.10 2.11 2.13 2.10 0.815 times
30 Tue Jul 2024 2.09 2.08 2.10 2.07 0.586 times
29 Mon Jul 2024 2.12 2.13 2.13 2.09 0.559 times
26 Fri Jul 2024 2.13 2.10 2.14 2.09 1.026 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 as stoploss in an intra day buy trade for a target of 2.17. However, stock will show a bearish move below 2.

Share price targets for National Steel (SID)

Target Type Value
Downside Target 1.89
Downside Target 1.97
Upside Target 2.07
Upside Target 2.13
Upside Target 2.20
Upside Target 2.29
Upside Target 2.34
Upside Target 2.46
Upside Target 2.48
Upside Target 2.49
Upside Target 2.64
Upside Target 2.86
Upside Target 3.17

Intraday share price targets for National Steel (SID)

Target Type Value
Downside Intraday Target 1.94
Downside Intraday Target 1.83
Upside Intraday Target 2.12
Upside Intraday Target 2.19
Downside Intraday Target 2.01

Weekly technical analysis of National Steel (SID)

Date Weekly Closing Price Open High Low Volume
08 Thu Aug 2024 2.06 1.90 2.07 1.89 0.856 times
02 Fri Aug 2024 1.99 2.13 2.13 1.97 0.859 times
26 Fri Jul 2024 2.13 2.28 2.29 2.08 1.221 times
19 Fri Jul 2024 2.23 2.46 2.48 2.22 1.191 times
12 Fri Jul 2024 2.46 2.35 2.46 2.34 2.532 times

Price has moved up 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
08 Thu Aug 2024 2.06 2.11 2.13 1.89 0.334 times
31 Wed Jul 2024 2.10 2.34 2.48 2.07 0.621 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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 2.04 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 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 2.04 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 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.

Daily charts

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