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

(STCN) Steel Connect complete technical analysis [charts+indicators] | Buy/Sell Steel Connect | (STCN) share price targets

Complete technical analysis of Steel Connect (STCN) by charts plus indicators, forecast predictions and share price targets for Steel Connect (STCN)

Steel Connect trades in USA in Miscellaneous sector.

Showing technical analysis as on 2024-11-12 View latest technical analysis

10 day averaged volume of Steel Connect is 18030

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	9.94	10.29	10.29	9.66	4.664 times
11 Mon Nov 2024	10.29	10.39	10.50	10.07	1.88 times
08 Fri Nov 2024	10.50	10.49	10.50	10.30	0.155 times
07 Thu Nov 2024	10.60	10.11	10.94	10.11	1.237 times
06 Wed Nov 2024	10.30	10.31	10.65	10.20	1.875 times
05 Tue Nov 2024	10.00	10.48	10.49	10.00	0.083 times
04 Mon Nov 2024	10.30	10.60	10.76	10.07	1.331 times
01 Fri Nov 2024	10.65	10.64	10.94	9.95	0.227 times
31 Thu Oct 2024	10.61	10.40	10.94	10.40	0.216 times
30 Wed Oct 2024	10.61	10.61	11.25	10.15	1.653 times

Stock of Steel Connect (STCN) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 10, but if it comes above 10, then a intra day buy could be more profitable.
If you take a sell trade below 10, then use 10 as stoploss and 9.6 as target. However if you take a buy trade in stock , then use 10 as stoploss and 10.24 as target.

Share price targets for Steel Connect (STCN)

Target Type	Value
Downside Target	9.61
Upside Target	10.30
Upside Target	10.73
Upside Target	10.94
Upside Target	11.25
Upside Target	11.72
Upside Target	12.29
Upside Target	12.89
Upside Target	13.00

Intraday share price targets for Steel Connect (STCN)

Target Type	Value
Downside Intraday Target	9.57
Downside Intraday Target	9.19
Upside Intraday Target	10.41
Upside Intraday Target	10.87
Upside Intraday Target	10.03

Weekly technical analysis of Steel Connect (STCN)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	9.94	10.39	10.50	9.66	1.398 times
08 Fri Nov 2024	10.50	10.60	10.94	10.00	1.298 times
01 Fri Nov 2024	10.65	10.12	11.25	9.90	0.579 times
25 Fri Oct 2024	10.11	9.89	10.30	9.65	5.1 times
18 Fri Oct 2024	9.92	10.10	10.57	9.82	0.339 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 Steel Connect (STCN)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	9.94	10.64	10.94	9.66	0.744 times
31 Thu Oct 2024	10.61	10.72	11.25	9.61	1.1 times
30 Mon Sep 2024	10.55	11.62	11.72	9.72	1.635 times
30 Fri Aug 2024	11.93	12.75	12.89	10.73	0.275 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 Steel Connect (STCN)

Price action analysis of Steel Connect ( (STCN) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Steel Connect ( (STCN) ) 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 Steel Connect ( (STCN) ) 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 Steel Connect ( (STCN) ) 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 Steel Connect stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Steel Connect in short term and the sell signal is strong.

Steel Connect 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 Steel Connect in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 Steel Connect is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.25 and Steel Connect (STCN) 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 Steel Connect (STCN) stock. Volume based technical analysis of Steel Connect (STCN) stock is negative.

Steel Connect 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.