logo munafa.top
NEWS Gainers Losers
 Learn then Earn

(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.

10 day averaged volume of Steel Connect is 372220

Date Daily Closing Price Open High Low Volume
01 Mon Mar 2021 1.81 1.78 1.92 1.75 0.51 times
26 Fri Feb 2021 1.72 1.82 1.88 1.69 1.104 times
25 Thu Feb 2021 1.84 1.95 1.96 1.82 0.787 times
24 Wed Feb 2021 1.92 2.00 2.04 1.91 0.674 times
23 Tue Feb 2021 1.94 1.90 1.94 1.67 1.338 times
22 Mon Feb 2021 2.00 1.97 2.00 1.92 0.863 times
19 Fri Feb 2021 1.97 1.94 2.04 1.92 0.826 times
18 Thu Feb 2021 1.92 2.04 2.06 1.92 0.94 times
17 Wed Feb 2021 2.05 2.08 2.10 1.91 1.462 times
16 Tue Feb 2021 2.08 2.06 2.13 2.01 1.4 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1.9, but if it comes above 1.9, then a intra day buy could be more profitable.
If you take a sell trade below 1.9, then use 1.9 as stoploss and 1.7 as target. However if you take a buy trade in stock , then use 1.9 as stoploss and 1.95 as target.

Share price targets for Steel Connect (STCN)

Target Type Value
Downside Target 0.51
Downside Target 0.75
Downside Target 0.95
Downside Target 1.04
Downside Target 1.67
Downside Target 1.75
Upside Target 1.89
Upside Target 2.02
Upside Target 2.04
Upside Target 2.13
Upside Target 2.26
Upside Target 2.90

Intraday share price targets for Steel Connect (STCN)

Target Type Value
Downside Intraday Target 1.73
Downside Intraday Target 1.66
Upside Intraday Target 1.9
Upside Intraday Target 2
Upside Intraday Target 1.83

Weekly technical analysis of Steel Connect (STCN)

Date Weekly Closing Price Open High Low Volume
01 Mon Mar 2021 1.81 1.78 1.92 1.75 0.107 times
26 Fri Feb 2021 1.72 1.97 2.04 1.67 1.03 times
19 Fri Feb 2021 1.97 2.06 2.13 1.91 0.562 times
12 Fri Feb 2021 2.00 1.93 2.26 1.89 1.259 times
05 Fri Feb 2021 1.95 1.79 2.02 1.76 0.388 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 Steel Connect (STCN)

Date Monthly Closing Price Open High Low Volume
01 Mon Mar 2021 1.81 1.78 1.92 1.75 0.021 times
26 Fri Feb 2021 1.72 1.79 2.26 1.67 0.204 times
29 Fri Jan 2021 1.79 0.80 2.90 0.76 11.124 times
31 Thu Dec 2020 0.79 0.89 1.04 0.75 0.899 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 Steel Connect (STCN)

Indicator Name Indicator Value Indicator Signal
ADX 28, 33, 9 Sell
MACD 0, 0Sell
Stochastics 26Sell
CCI -85Buy
RSI 55Buy
OBV 3000100Sell
VWAP 2Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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 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 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 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 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 but the sell signal is initial and weak.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Steel Connect in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 1.94 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

 Learn then Earn