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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 2024-08-21 View latest technical analysis

10 day averaged volume of National Steel is 1466688

Date Daily Closing Price Open High Low Volume
21 Wed Aug 2024 2.28 2.23 2.29 2.23 1.237 times
20 Tue Aug 2024 2.17 2.20 2.20 2.15 0.719 times
19 Mon Aug 2024 2.23 2.12 2.25 2.11 1.518 times
16 Fri Aug 2024 2.09 2.14 2.14 2.08 0.437 times
15 Thu Aug 2024 2.12 2.11 2.15 2.10 0.969 times
14 Wed Aug 2024 2.16 2.22 2.23 2.15 1.014 times
13 Tue Aug 2024 2.26 2.17 2.27 2.15 1.82 times
12 Mon Aug 2024 2.14 2.14 2.17 2.11 1.343 times
09 Fri Aug 2024 2.13 2.09 2.13 2.07 0.622 times
08 Thu Aug 2024 2.06 2.01 2.07 1.99 0.916 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2.3, for a target of 2.2 or 2.11

Share price targets for National Steel (SID)

Target Type Value
Downside Target 1.89
Downside Target 1.97
Downside Target 2.07
Downside Target 2.20
Downside Target 2.27
Upside Target 2.29
Upside Target 2.47
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 2.16
Downside Intraday Target 2.05
Upside Intraday Target 2.34
Upside Intraday Target 2.41
Downside Intraday Target 2.23

Weekly technical analysis of National Steel (SID)

Date Weekly Closing Price Open High Low Volume
21 Wed Aug 2024 2.28 2.12 2.29 2.11 0.622 times
16 Fri Aug 2024 2.09 2.14 2.27 2.08 1.263 times
09 Fri Aug 2024 2.13 1.90 2.13 1.89 0.996 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

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
21 Wed Aug 2024 2.28 2.11 2.29 1.89 0.843 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

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

CCI has generated a buy signal for National Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 2.18 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

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

CCI has generated a buy signal for National Steel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 2.18 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 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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