(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 2024-03-01 View latest technical analysis
10 day averaged volume of Steel Connect is 3490
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 8.90 | 8.60 | 8.90 | 8.34 | 1.862 times |
| 29 Thu Feb 2024 | 8.95 | 8.56 | 8.95 | 8.56 | 0.401 times |
| 28 Wed Feb 2024 | 8.75 | 8.41 | 8.75 | 8.34 | 0.831 times |
| 27 Tue Feb 2024 | 8.44 | 8.37 | 8.62 | 8.31 | 1.519 times |
| 26 Mon Feb 2024 | 8.12 | 7.56 | 8.49 | 7.56 | 3.725 times |
| 23 Fri Feb 2024 | 7.55 | 8.14 | 8.14 | 7.36 | 1.175 times |
| 22 Thu Feb 2024 | 8.18 | 8.33 | 8.33 | 8.05 | 1.032 times |
| 21 Wed Feb 2024 | 8.45 | 8.48 | 8.48 | 8.08 | 0.458 times |
| 20 Tue Feb 2024 | 8.62 | 8.68 | 8.68 | 8.62 | 0.458 times |
| 15 Thu Feb 2024 | 8.51 | 8.71 | 8.74 | 8.51 | 0.229 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 9.1 as stoploss in an intra day sell trade for a target of 8.66. However, stock will show a bullish move above 9.1.
Share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Target | 7.36 |
| Downside Target | 7.56 |
| Downside Target | 8.00 |
| Downside Target | 8.68 |
| Downside Target | 8.90 |
| Upside Target | 9.41 |
| Upside Target | 9.51 |
| Upside Target | 9.60 |
| Upside Target | 9.79 |
| Upside Target | 9.90 |
| Upside Target | 9.97 |
| Upside Target | 10.35 |
Intraday share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Intraday Target | 7.99 |
| Downside Intraday Target | 7.08 |
| Upside Intraday Target | 9.38 |
| Upside Intraday Target | 9.86 |
| Downside Intraday Target | 8.47 |
Weekly technical analysis of Steel Connect (STCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 8.90 | 7.56 | 8.95 | 7.56 | 2.67 times |
| 23 Fri Feb 2024 | 7.55 | 8.68 | 8.68 | 7.36 | 0.712 times |
| 15 Thu Feb 2024 | 8.51 | 8.60 | 8.90 | 8.00 | 0.393 times |
| 09 Fri Feb 2024 | 8.65 | 9.07 | 9.51 | 8.20 | 2.249 times |
| 02 Fri Feb 2024 | 9.23 | 9.73 | 9.79 | 9.00 | 0.983 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Steel Connect (STCN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 8.90 | 8.60 | 8.90 | 8.34 | 0.066 times |
| 29 Thu Feb 2024 | 8.95 | 9.60 | 9.60 | 7.36 | 1.792 times |
| 31 Wed Jan 2024 | 9.52 | 9.45 | 9.90 | 9.41 | 0.562 times |
| 29 Fri Dec 2023 | 9.64 | 9.76 | 9.97 | 9.01 | 0.942 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 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 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 Steel Connect ( (STCN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Connect 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.
Steel Connect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Steel Connect in short term but SELL signal is weak.
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
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 8.35 and Steel Connect (STCN) 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 Steel Connect (STCN) stock. Volume based technical analysis of Steel Connect (STCN) stock is negative.
Steel Connect Stock is giving positive 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.
Price action analysis of Steel Connect ( (STCN) ) 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 Steel Connect ( (STCN) ) 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 Steel Connect ( (STCN) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Steel Connect 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.
Steel Connect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal for Steel Connect in short term but SELL signal is weak.
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
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 8.35 and Steel Connect (STCN) 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 Steel Connect (STCN) stock. Volume based technical analysis of Steel Connect (STCN) stock is negative.
Steel Connect Stock is giving positive 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.