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Stock analysis JSW Steel Limited JSWSTEEL

More indepth analysis on MunafaSutra.com

Moving Averages for JSW Steel Limited

  • 5Day Average: 860.18
  • 12Day Average: 865.98
  • 20Day Average: 844.96
  • 50Day Average: 827.85
  • 100Day Average: 827.95
  • 150Day Average: 808.76
  • 200Day Average: 806.34

JSWSTEEL Indicators & signals

Indicator MACD (12,26,9)

855.18, 844.32, 12.25
Indicator MACD is in positive zone

Indicator ADX (14)

0.33, 21.23, 21.37
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 62
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of JSWSTEEL JSW Steel Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 844.80 841.70 to 858.00 -0.05% 1.39 times
16 Tue Apr 2024 845.25 842.75 to 863.60 -1.77% 0.69 times
15 Mon Apr 2024 860.45 850.25 to 882.00 -0.69% 0.8 times
12 Fri Apr 2024 866.45 862.00 to 883.90 -1.98% 1.67 times
10 Wed Apr 2024 883.95 875.35 to 889.00 1.07% 1.02 times
09 Tue Apr 2024 874.60 870.55 to 891.45 -0.21% 1.02 times
08 Mon Apr 2024 876.45 860.25 to 878.00 2.26% 1 times
05 Fri Apr 2024 857.10 846.95 to 864.55 -0.63% 0.75 times
04 Thu Apr 2024 862.50 853.55 to 878.65 -0.75% 1.13 times
03 Wed Apr 2024 869.00 867.10 to 879.55 -1.17% 0.8 times
02 Tue Apr 2024 879.25 861.55 to 881.85 0.84% 1.13 times
01 Mon Apr 2024 871.95 838.00 to 876.45 5.03% 2.45 times

Technical analysis forecast for JSW Steel Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT JSW Steel Limited JSWSTEEL at this time. Stock is falling and might fall more.

It appears as if JSW Steel Limited JSWSTEEL gave a large move recently.

Stock of JSW Steel Limited (JSWSTEEL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of JSW Steel Limited is bearish for shortterm, and stock might move down till 820.2 or till 786.2. Use a stoploss of 848.53 and if the stock hits stoploss, then it can shoot up till 876.88

More indepth analysis on MunafaSutra.com