(ZENITHSTL_BE) Zenith Steel complete technical analysis [charts+indicators] | Buy/Sell Zenith Steel | (ZENITHSTL_BE) share price targets
Complete technical analysis of Zenith Steel (ZENITHSTL_BE) by charts plus indicators, forecast predictions and share price targets for Zenith Steel (ZENITHSTL_BE)
10 day averaged volume of Zenith Steel is 118683
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 8.94 | 9.18 | 9.39 | 8.65 | 1.378 times |
| 18 Mon Nov 2024 | 9.00 | 8.69 | 9.00 | 8.20 | 1.284 times |
| 14 Thu Nov 2024 | 8.58 | 8.03 | 8.79 | 8.00 | 0.973 times |
| 13 Wed Nov 2024 | 8.39 | 8.79 | 9.00 | 8.25 | 1.694 times |
| 12 Tue Nov 2024 | 8.69 | 9.00 | 9.20 | 8.59 | 0.926 times |
My analysis of stock is bearish for shortterm, and stock might move down till 8.8 or till 8.5. Use a stoploss of 9.06 and if the stock hits stoploss, then it can shoot up till 9.32
Share price targets for Zenith Steel (ZENITHSTL_BE)
| Target Type | Value |
| Downside Target | 8.00 |
| Downside Target | 8.20 |
| Downside Target | 8.77 |
| Upside Target | 9.39 |
| Upside Target | 9.56 |
| Upside Target | 9.66 |
| Upside Target | 9.72 |
| Upside Target | 10.34 |
| Upside Target | 10.93 |
| Upside Target | 12.50 |
| Upside Target | 15.45 |
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
| Target Type | Value |
| Downside Intraday Target | 8.3 |
| Downside Intraday Target | 7.65 |
| Upside Intraday Target | 9.49 |
| Upside Intraday Target | 10.03 |
| Downside Intraday Target | 8.84 |
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 8.94 | 8.69 | 9.39 | 8.20 | 0.622 times |
| 14 Thu Nov 2024 | 8.58 | 9.41 | 9.41 | 8.00 | 0.952 times |
| 08 Fri Nov 2024 | 9.17 | 9.66 | 9.66 | 8.77 | 1.792 times |
| 01 Fri Nov 2024 | 9.24 | 9.08 | 9.55 | 8.80 | 0.569 times |
| 30 Wed Oct 2024 | 9.09 | 8.80 | 9.72 | 8.79 | 0.888 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 Zenith Steel (ZENITHSTL_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 8.94 | 9.55 | 9.66 | 8.00 | 0.661 times |
| 31 Thu Oct 2024 | 9.13 | 10.14 | 10.34 | 8.79 | 0.431 times |
| 30 Mon Sep 2024 | 9.95 | 9.56 | 12.50 | 9.56 | 2.426 times |
| 30 Fri Aug 2024 | 9.38 | 10.93 | 10.93 | 8.80 | 0.213 times |
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 Zenith Steel (ZENITHSTL_BE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 16, 18, 5 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 51 | None |
| CCI | 19 | Buy |
| RSI | 56 | Buy |
| OBV | -1111785 | Sell |
| VWAP | 9 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_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 Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel ( (ZENITHSTL_BE) ) 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 Zenith Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Zenith 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.
Zenith 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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Zenith 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 negative zone. This is the SELL zone
Stock of Zenith 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 8.87 and Zenith Steel (ZENITHSTL_BE) 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 Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) stock is negative.
Zenith 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.
Click here for Zenith Steel charts
Click here for further forecast and predictions for tomorrow
Stock Exchange charts NSE Stock Exchange BSE Stock Exchange USA Stock Exchange Stock Charts NSE FNO Stock Analysis
NSE Stock Exchange NSE stock market news stock intraday tips
MNC.News NASDAQ NSE BSE Money SIP
Munafa NEWSTerms of Use Create Support ticket Your support tickets Powered by ePowerPress Stock Market News! Top Seo SMO © MoneySIP.com2024 All Rights reserved.