(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 2024-10-08 View latest technical analysis
10 day averaged volume of Steel Connect is 7960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 9.66 | 9.91 | 10.20 | 9.66 | 2.701 times |
| 07 Mon Oct 2024 | 10.49 | 10.57 | 10.83 | 10.31 | 4.347 times |
| 04 Fri Oct 2024 | 10.57 | 10.63 | 10.63 | 10.42 | 0.691 times |
| 03 Thu Oct 2024 | 10.69 | 10.70 | 10.75 | 10.50 | 0.327 times |
| 02 Wed Oct 2024 | 10.65 | 10.79 | 10.80 | 10.52 | 0.427 times |
| 01 Tue Oct 2024 | 10.74 | 10.72 | 10.84 | 10.56 | 0.741 times |
| 30 Mon Sep 2024 | 10.55 | 10.92 | 10.92 | 10.54 | 0.427 times |
| 27 Fri Sep 2024 | 10.92 | 11.01 | 11.12 | 10.92 | 0.364 times |
| 26 Thu Sep 2024 | 10.90 | 11.10 | 11.10 | 10.59 | 1.445 times |
| 25 Wed Sep 2024 | 11.10 | 11.00 | 11.10 | 10.97 | 0.653 times |
Stock of Steel Connect (STCN) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 9.9, for a target of 10.4 or 10.82
Share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Target | 9.66 |
| Upside Target | 10.00 |
| Upside Target | 10.32 |
| Upside Target | 11.12 |
| Upside Target | 11.25 |
| Upside Target | 11.72 |
| Upside Target | 12.29 |
| Upside Target | 12.89 |
| Upside Target | 13.00 |
Intraday share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Intraday Target | 9.27 |
| Downside Intraday Target | 8.88 |
| Upside Intraday Target | 10.44 |
| Upside Intraday Target | 11.22 |
| Upside Intraday Target | 10.05 |
Weekly technical analysis of Steel Connect (STCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Tue Oct 2024 | 9.66 | 10.57 | 10.83 | 9.66 | 2.697 times |
| 04 Fri Oct 2024 | 10.57 | 10.92 | 10.92 | 10.42 | 0.64 times |
| 27 Fri Sep 2024 | 10.92 | 10.75 | 11.12 | 10.32 | 0.286 times |
| 20 Fri Sep 2024 | 10.79 | 11.25 | 11.25 | 9.72 | 1.763 times |
| 13 Fri Sep 2024 | 11.48 | 11.72 | 11.72 | 10.58 | 1.688 times |
Price has moved down 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 |
| 08 Tue Oct 2024 | 9.66 | 10.72 | 10.84 | 9.66 | 0.291 times |
| 30 Mon Sep 2024 | 10.55 | 11.62 | 11.72 | 9.72 | 1.635 times |
| 30 Fri Aug 2024 | 11.93 | 12.75 | 12.89 | 10.73 | 0.275 times |
| 31 Wed Jul 2024 | 12.89 | 12.84 | 13.00 | 12.29 | 1.546 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL signal for Steel Connect in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Connect in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.43 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL signal for Steel Connect in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Steel Connect in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 10.43 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.