(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 4529
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.15 | 11.05 | 11.55 | 11.05 | 0.53 times |
| 30 Thu May 2024 | 11.34 | 11.15 | 11.55 | 11.15 | 0.331 times |
| 29 Wed May 2024 | 11.52 | 11.62 | 11.64 | 11.15 | 1.06 times |
| 28 Tue May 2024 | 11.49 | 11.12 | 12.10 | 11.12 | 0.773 times |
| 23 Thu May 2024 | 11.24 | 11.70 | 11.70 | 11.16 | 1.369 times |
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 11, for a target of 11.6 or 12.09
Share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Target | 7.36 |
| Downside Target | 8.34 |
| Downside Target | 8.55 |
| Downside Target | 9.41 |
| Downside Target | 9.60 |
| Downside Target | 9.90 |
| Downside Target | 11.05 |
| Upside Target | 11.83 |
| Upside Target | 12.40 |
| Upside Target | 12.50 |
| Upside Target | 12.60 |
| Upside Target | 12.61 |
Intraday share price targets for Steel Connect (STCN)
| Target Type | Value |
| Downside Intraday Target | 10.77 |
| Downside Intraday Target | 10.38 |
| Upside Intraday Target | 11.82 |
| Upside Intraday Target | 12.48 |
| Upside Intraday Target | 11.43 |
Weekly technical analysis of Steel Connect (STCN)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.15 | 11.12 | 12.10 | 11.05 | 0.476 times |
| 23 Thu May 2024 | 11.24 | 12.36 | 12.40 | 11.16 | 0.76 times |
| 17 Fri May 2024 | 12.52 | 12.51 | 12.61 | 12.34 | 1.297 times |
| 10 Fri May 2024 | 12.55 | 11.88 | 12.60 | 11.83 | 0.622 times |
| 03 Fri May 2024 | 12.02 | 12.17 | 12.50 | 11.95 | 0.126 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 Steel Connect (STCN)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 11.15 | 12.37 | 12.61 | 11.05 | 0.242 times |
| 30 Tue Apr 2024 | 12.49 | 9.26 | 12.50 | 8.55 | 3.443 times |
| 28 Thu Mar 2024 | 9.49 | 8.60 | 9.92 | 8.34 | 1.477 times |
| 29 Thu Feb 2024 | 8.95 | 9.60 | 9.60 | 7.36 | 1.863 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 Steel Connect (STCN)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 26, 33 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 16 | Sell |
| CCI | -93 | Sell |
| RSI | 41 | Sell |
| OBV | 3688 | Sell |
| VWAP | 12 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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 Strong and stock is gaining 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 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 but selling 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 11.77 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.
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