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Steel Strips Wheels Limited

Steel Strips Wheels Limited (SSWL.BO) Stock Technical Analysis & Trading Signals

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

SSWL.BOBSE
Consumer CyclicalAuto - Parts
246.75
17.15(7.47%)
Indian Market opens in 14h 40m
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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

SSWL.BO Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.16)
Trend Strength:Strong (ADX: 32.68)
Volatility:Medium (ATR: 8.59)
Support/Resistance:$215.81 – $240.55 (Bollinger Bands)

This mix signals that Steel Strips Wheels Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 35.26

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.58

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.92

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 4.76

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.68

Strong
Strong trend, momentum well established.

ATR (14): 8.59

Rising
Rising volatility, market activity increasing.

CCI (14): -34.97

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$240.55
Middle Band (SMA 20)
$228.18
Lower Band
$215.81
Current Position
Above Upper Band

Takeaway:Steel Strips Wheels Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$243.81
Middle Line (EMA 20)
$226.64
Lower Channel
$209.47
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume443.32K
Money Flow Index60.12Bullish, inflows support continued momentum.
Relative Vigor Index47.08Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SSWL.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Steel Strips Wheels 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.

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Steel Strips Wheels Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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