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BlueScope Steel Limited

BLSFF•PNK
Basic Materials
Steel
$19.65
$0.10(0.51%)
U.S. Market is Open • 14:20

BlueScope Steel Limited (BLSFF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for BlueScope Steel Limited (PNK:BLSFF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

BLSFF Technical Analysis Summary

BlueScope Steel Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 53.86)
Trend Strength:Very Strong (ADX: 47.05)
Volatility:Medium (ATR: 0.66)
Support/Resistance:$14.96 – $22.90 (Bollinger Bands)

Technical conditions suggest BlueScope Steel Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 53.86

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 19.92

Bullish
Oversold zone signals rebound potential.

Williams %R: -40.23

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.25

Bearish
Selling pressure outweighs buying.

Takeaway:BlueScope Steel Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.88

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 47.05

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.66

Low
Low volatility, stable price action.

CCI (14): 49.90

Bullish
Bullish, momentum building upward.

Takeaway:BlueScope Steel Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.90
Middle Band (SMA 20)
$18.93
Lower Band
$14.96
Current Position
Within Bands

Takeaway:BlueScope Steel Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.87
Middle Line (EMA 20)
$18.54
Lower Channel
$17.22
Squeeze Status
No Squeeze

Takeaway:BlueScope Steel Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-641.00
Money Flow Index78.24Bullish, inflows support continued momentum.
Relative Vigor Index20.78Bearish, price momentum favors sellers.

Overall Takeaway:BLSFF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of BlueScope Steel Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for BlueScope Steel Limited are mixed, suggesting a Hold or wait-and-see approach.

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