(PRAKASHSTL_BE) Prakash Steelage complete technical analysis [charts+indicators] | Buy/Sell Prakash Steelage | (PRAKASHSTL_BE) share price targets
Complete technical analysis of Prakash Steelage (PRAKASHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Prakash Steelage (PRAKASHSTL_BE)
10 day averaged volume of Prakash Steelage is 193371
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 8.75 | 8.85 | 8.85 | 8.75 | 0.908 times |
| 30 Thu May 2024 | 8.90 | 8.90 | 8.90 | 8.90 | 0.438 times |
| 29 Wed May 2024 | 9.05 | 9.15 | 9.15 | 9.05 | 1.017 times |
| 28 Tue May 2024 | 9.20 | 9.20 | 9.20 | 9.20 | 0.265 times |
| 27 Mon May 2024 | 9.35 | 9.35 | 9.35 | 9.35 | 0.385 times |
My analysis of stock is bullish for shortterm, and stock might move up till 9.6 or till 10.7. Use a stoploss of 8.67 and if this stock hits its stoploss, then it can fall down till 7.75
Share price targets for Prakash Steelage (PRAKASHSTL_BE)
| Target Type | Value |
| Downside Target | 7.25 |
| Downside Target | 7.50 |
| Downside Target | 7.75 |
| Downside Target | 8.45 |
| Downside Target | 8.70 |
| Upside Target | 9.20 |
| Upside Target | 9.50 |
| Upside Target | 9.65 |
| Upside Target | 10.10 |
| Upside Target | 11.40 |
| Upside Target | 11.60 |
| Upside Target | 16.20 |
Intraday share price targets for Prakash Steelage (PRAKASHSTL_BE)
| Target Type | Value |
| Downside Intraday Target | 8.55 |
| Downside Intraday Target | 8.35 |
| Upside Intraday Target | 9.15 |
| Upside Intraday Target | 9.55 |
| Upside Intraday Target | 8.95 |
Weekly technical analysis of Prakash Steelage (PRAKASHSTL_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 8.75 | 9.35 | 9.35 | 8.75 | 0.431 times |
| 24 Fri May 2024 | 9.50 | 9.65 | 10.10 | 9.50 | 0.596 times |
| 17 Fri May 2024 | 9.20 | 7.35 | 9.20 | 7.35 | 2.738 times |
| 10 Fri May 2024 | 7.30 | 7.75 | 7.75 | 7.30 | 1.052 times |
| 03 Fri May 2024 | 7.80 | 7.95 | 7.95 | 7.80 | 0.9 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 Prakash Steelage (PRAKASHSTL_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 8.75 | 7.90 | 10.10 | 7.30 | 1.095 times |
| 30 Tue Apr 2024 | 7.90 | 7.50 | 9.65 | 7.50 | 0.353 times |
| 28 Thu Mar 2024 | 7.65 | 8.05 | 8.70 | 7.25 | 1.236 times |
| 29 Thu Feb 2024 | 8.45 | 11.40 | 11.40 | 8.45 | 1.195 times |
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 Prakash Steelage (PRAKASHSTL_BE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 48, 48, 0 | Sell |
| MACD | 0, 0 | Sell |
| Stochastics | 21 | Sell |
| CCI | -121 | Sell |
| RSI | 72 | Buy |
| OBV | 1176979 | Sell |
| VWAP | 10 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage ( (PRAKASHSTL_BE) ) 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 Prakash Steelage stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Prakash Steelage in short term but the sell signal is initial and weak.
Prakash Steelage 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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Prakash Steelage in short term and SELL 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 Prakash Steelage is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 9.62 and Prakash Steelage (PRAKASHSTL_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Prakash Steelage (PRAKASHSTL_BE) stock. Volume based technical analysis of Prakash Steelage (PRAKASHSTL_BE) stock is negative.
Prakash Steelage Stock has given negative 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.
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