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BlueScope Steel Limited

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

Live technical indicators, trading signals, and momentum insights for BlueScope Steel Limited.

BLSFYPNK
$111.00
$0.00(0.00%)
U.S. Market opens in 51h 49m
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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

BLSFY Technical Analysis Summary

BlueScope Steel Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 67.69)
Trend Strength:Strong (ADX: 34.91)
Volatility:Low (ATR: 0.61)
Support/Resistance:$103.90 – $113.78 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 67.69

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 90.61

Bearish
Overbought levels may trigger pullback.

Williams %R: -14.09

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.12

Bullish
Steady upward momentum.

Takeaway:BlueScope Steel Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 2.00

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.91

Strong
Strong trend, momentum well established.

ATR (14): 0.61

Low
Low volatility, stable price action.

CCI (14): 35.43

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
$113.78
Middle Band (SMA 20)
$108.84
Lower Band
$103.90
Current Position
Within Bands

Takeaway:BlueScope Steel Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$110.52
Middle Line (EMA 20)
$109.29
Lower Channel
$108.06
Squeeze Status
No Squeeze

Takeaway:BlueScope Steel Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-1.73K
Money Flow Index8.75Bullish, oversold conditions signal rebound potential.
Relative Vigor Index5.13Bearish, price momentum favors sellers.

Overall Takeaway:BLSFY shows oversold money flow, with rebound potential building.

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.

MACD above 0 → bullish trend confirmation.

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:BlueScope Steel Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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