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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 2024-10-01 View latest technical analysis

10 day averaged volume of National Steel is 3210880

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	2.41	2.42	2.43	2.37	0.602 times
30 Mon Sep 2024	2.39	2.47	2.49	2.34	0.931 times
27 Fri Sep 2024	2.46	2.46	2.50	2.44	2.142 times
26 Thu Sep 2024	2.44	2.35	2.46	2.33	1.136 times
25 Wed Sep 2024	2.25	2.25	2.27	2.22	0.754 times
24 Tue Sep 2024	2.23	2.15	2.25	2.14	1.232 times
23 Mon Sep 2024	2.04	1.99	2.04	1.96	1.557 times
20 Fri Sep 2024	2.08	2.20	2.20	2.02	1.086 times
19 Thu Sep 2024	2.23	2.27	2.27	2.23	0.28 times
18 Wed Sep 2024	2.20	2.18	2.25	2.17	0.545 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 2.3, but if it comes below 2.3, then a intra day sell could be more profitable.
If you take a sell trade below 2.3, then use 2.3 as stoploss and 2.19 as target. However if you take a buy trade in stock , then use 2.3 as stoploss and 2.5 as target.

Share price targets for National Steel (SID)

Target Type	Value
Downside Target	1.89
Downside Target	1.96
Downside Target	2.07
Downside Target	2.12
Downside Target	2.20
Downside Target	2.27
Downside Target	2.37
Upside Target	2.43
Upside Target	2.48
Upside Target	2.49
Upside Target	2.50

Intraday share price targets for National Steel (SID)

Target Type	Value
Downside Intraday Target	2.34
Downside Intraday Target	2.26
Upside Intraday Target	2.49
Upside Intraday Target	2.56
Upside Intraday Target	2.41

Weekly technical analysis of National Steel (SID)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	2.41	2.47	2.49	2.34	0.225 times
27 Fri Sep 2024	2.46	1.99	2.50	1.96	2.767 times
20 Fri Sep 2024	2.08	2.17	2.27	2.02	0.897 times
13 Fri Sep 2024	2.17	2.10	2.20	1.99	1.483 times
06 Fri Sep 2024	2.10	2.08	2.12	2.01	2.699 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
01 Tue Oct 2024	2.41	2.42	2.43	2.37	0.041 times
30 Mon Sep 2024	2.39	2.08	2.50	1.96	1.32 times
30 Fri Aug 2024	2.13	2.11	2.30	1.89	1.294 times
31 Wed Jul 2024	2.10	2.34	2.48	2.07	0.621 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for National Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for National Steel in short term and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be moving up

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 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 2.28 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.