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NASDAQ Stock SCHN Historical charts - Schnitzer Steel Industries, Inc.

Historical charts for Stock SCHN - Share Schnitzer Steel Industries, Inc. trades in NASDAQ under Consumer Durables Deals in Industrial Specialties

Moving Averages for

  • 5Day Average: 32.85
  • 12Day Average: 32.29
  • 20Day Average: 32.12
  • 50Day Average: 31.86
  • 100Day Average: 30.89
  • 150Day Average: 31.2

SCHN Indicators & signals

Indicator MACD (12,26,9)

32.53, 32.36, 0.05
Indicator MACD is in positive zone

Indicator ADX (14)

25.58, 28.42, 16.84
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 50
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SCHN are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
31 Thu Aug 2023 33.20 33.13 to 33.92 -0.57% 0.69 times
30 Wed Aug 2023 33.39 32.72 to 33.51 1.43% 1.27 times
29 Tue Aug 2023 32.92 32.22 to 33.01 1.67% 0.71 times
28 Mon Aug 2023 32.38 32.22 to 32.86 0% 0.88 times
28 Mon Aug 2023 32.38 32.22 to 32.86 0.97% 0.88 times
25 Fri Aug 2023 32.07 31.30 to 32.16 2.07% 1.23 times
24 Thu Aug 2023 31.42 31.13 to 31.71 -0.88% 0.77 times
23 Wed Aug 2023 31.70 31.55 to 32.00 -0.06% 0.93 times
22 Tue Aug 2023 31.72 31.44 to 32.20 -0.13% 1.36 times
21 Mon Aug 2023 31.76 31.73 to 32.82 -1.88% 0.87 times
18 Fri Aug 2023 32.37 31.75 to 32.51 0.65% 1.1 times
17 Thu Aug 2023 32.16 31.83 to 33.05 1.32% 1.31 times

Technical analysis forecast of SCHN Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in SCHN SCHN at this time. Stock is rising and might rise more.

It appears as if SCHN SCHN gave a large move recently.

Stock of SCHN (SCHN) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of SCHN is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if SCHN stays above 33, but if it comes below 33, then a intra day sell could be more profitable.
If you take a sell trade below 33, then use 33 as stoploss and 32.42 as target. However if you take a buy trade in SCHN, then use 33 as stoploss and 33.7 as target.

Tomorrow's movement Prediction of SCHN is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 32.94

Munafa value: 60

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NASDAQ Stock SCHN Historical charts - Share Schnitzer Steel Industries, Inc.

 

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