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Sunflag Iron and Steel Company Limited

SUNFLAG.BO Technical Analysis Summary (BSE)

Analyze SUNFLAG.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SUNFLAG.BO●BSE
Basic MaterialsSteel
₹348.85
₹1.05(0.30%)
Indian Market opens in 23h 55m

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

SUNFLAG.BO Technical Analysis Summary (BSE)

Sunflag Iron and Steel Company Limited (BSE: SUNFLAG.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.91)
Trend Strength:Weak (ADX: 10.07)
Volatility:Medium (ATR: 14.29)
Support/Resistance:$329.03 – $361.26 (Bollinger Bands)

Technical conditions suggest Sunflag Iron and Steel Company Limited on the BSE is awaiting a decisive move. Technical conditions suggest Sunflag Iron and Steel Company Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 57.18

Neutral
Mid-range signal with no clear trend.

Williams %R: -43.84

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.94

Bullish
Steady upward momentum.

Takeaway:Sunflag Iron and Steel Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.15

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.07

Weak
Weak trend, market trading sideways.

ATR (14): 14.29

Rising
Rising volatility, market activity increasing.

CCI (14): 18.83

Neutral
Neutral, no strong directional signal.

Takeaway:Sunflag Iron and Steel Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$361.26
Middle Band (SMA 20)
$345.14
Lower Band
$329.03
Current Position
Within Bands

Takeaway:Sunflag Iron and Steel Company Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$377.26
Middle Line (EMA 20)
$348.68
Lower Channel
$320.10
Squeeze Status
Squeeze On

Takeaway:Sunflag Iron and Steel Company Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume3.83M
Money Flow Index59.89Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.89Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SUNFLAG.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Sunflag Iron and Steel Company Limited (BSE: SUNFLAG.BO), here are the key trading signals and recommendations:

Bullish Signals

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

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

Bearish Signals

No significant bearish signals detected.

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

(BSE: SUNFLAG.BO) Technical Analysis FAQ