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Steel Strips Wheels Limited

SSWL.NS Technical Analysis Summary (NSE)

Analyze SSWL.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SSWL.NSNSE
Consumer CyclicalAuto - Parts
293.95
7.22(2.52%)
Indian Market opens in 15h 52m

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.NS Technical Analysis Summary (NSE)

Steel Strips Wheels Limited (NSE: SSWL.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 80.08)
Trend Strength:Very Strong (ADX: 47.34)
Volatility:Medium (ATR: 11.98)
Support/Resistance:$220.98 – $291.78 (Bollinger Bands)

Technical conditions suggest Steel Strips Wheels Limited on the NSE is awaiting a decisive move. Technical conditions suggest Steel Strips Wheels Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 80.08

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 85.10

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.48

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 17.11

Strongly Bullish
Strong upside momentum.

Takeaway:Steel Strips Wheels Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 14.43

Bullish
Bullish, trend momentum is strengthening.

ADX: 47.34

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 11.98

Rising
Rising volatility, market activity increasing.

CCI (14): 104.01

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Steel Strips Wheels Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$291.78
Middle Band (SMA 20)
$256.38
Lower Band
$220.98
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
$284.34
Middle Line (EMA 20)
$260.37
Lower Channel
$236.40
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume44.07M
Money Flow Index91.03Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index91.28Bullish, price momentum strongly favors buyers.

Overall Takeaway:SSWL.NS shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Steel Strips Wheels Limited (NSE: SSWL.NS), 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.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

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.

(NSE: SSWL.NS) Technical Analysis FAQ