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SCANSTL_BE NEWS why is Scan Steels Ltd. price falling or rising

SCANSTL_BE NEWS reasons for why stock price of Scan Steels Ltd. is falling or rising

SCANSTL_BE Scan Steels is falling or rising technical reasons

Technical analysis forecast for Scan Steels Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Scan Steels SCANSTL_BE at this time. Stock is falling and might fall more.

It appears as if Scan Steels SCANSTL_BE gave a large move recently.

Stock of Scan Steels (SCANSTL_BE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Scan Steels is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 39.5, for a target of 43.7 or 47.18

SCANSTL_BE Scan Steels is falling or rising NEWS fundamental reasons

More announcements and NEWS

SCANSTL_BE Scan Steels Ltd. current price & indicator signals

Moving Averages for Scan Steels Ltd.

  • 5Day Average: 42.2
  • 12Day Average: 46.21
  • 20Day Average: 47.57
  • 50Day Average: 53.99

SCANSTL_BE Indicators & signals

Indicator MACD (12,26,9)

45.12, 48.49, -2.87
Indicator MACD is in negative zone

Indicator ADX (14)

58.82, 8.14, 31.4
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 43
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SCANSTL_BE Scan Steels Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Fri Oct 2026 41.00 40.10 to 43.21 -2.87% 3.59 times
29 Thu Oct 2026 42.21 41.56 to 42.60 0.91% 1.07 times
28 Wed Oct 2026 41.83 41.40 to 42.50 -0.99% 2.01 times
27 Tue Oct 2026 42.25 41.52 to 44.80 -3.32% 3.84 times
26 Mon Oct 2026 43.70 43.70 to 45.90 -5% 0.79 times
23 Fri Oct 2026 46.00 45.05 to 47.40 -2.95% 0.83 times
22 Thu Oct 2026 47.40 46.31 to 47.94 -1.6% 0.19 times
21 Wed Oct 2026 48.17 48.06 to 50.00 -3.66% 0.22 times
19 Mon Oct 2026 50.00 49.00 to 50.49 -0.02% 0.22 times
16 Fri Oct 2026 50.01 48.50 to 50.49 0.06% 0.22 times
15 Thu Oct 2026 49.98 49.39 to 51.71 -3.85% 0.61 times
14 Wed Oct 2026 51.98 48.50 to 52.50 2.46% 0.86 times

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SCANSTL_BE NEWS why is Scan Steels Ltd. price falling or rising

 

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