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UTTAMSTL NEWS why is Uttam Galva Steels Limited price falling or rising

UTTAMSTL NEWS reasons for why stock price of Uttam Galva Steels Limited is falling or rising

UTTAMSTL Uttam Galva is falling or rising technical reasons

Technical analysis forecast for Uttam Galva 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 Uttam Galva UTTAMSTL at this time. Stock is falling and might fall more.

It appears as if Uttam Galva UTTAMSTL gave a large move recently.

Stock of Uttam Galva (UTTAMSTL) 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...

My analysis of Uttam Galva is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Uttam Galva stays below 4, but if it comes above 4, then a intra day buy could be more profitable.
If you take a sell trade below 4, then use 4 as stoploss and 3.6 as target. However if you take a buy trade in Uttam Galva, then use 4 as stoploss and 4.3 as target.

UTTAMSTL Uttam Galva is falling or rising NEWS fundamental reasons

Company Announcement Uttam Galva Steels Limited has informed the Exchange about Corporate Insolvency Resolution Process - NEWS as on 2022-02-21

Company Announcement Uttam Galva Steels Limited has informed the Exchange regarding Board meeting held on January 25, 2022. - NEWS as on 2022-01-25

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2021 - NEWS as on 2022-01-19

Company Announcement Uttam Galva Steels Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2022-01-07

Company Announcement Uttam Galva Steels Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on December 21, 2021. Further, the company has informed the Exchange regarding voting results. - NEWS as on 2021-12-22

Company Announcement Uttam Galva Steels Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2021-12-09

Company Announcement - NEWS as on 2021-11-29

Company Announcement Uttam Galva Steels Limited has informed the Exchange regarding Board meeting held on October 30, 2021. - NEWS as on 2021-11-01

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2021 - NEWS as on 2021-10-25

More announcements and NEWS

UTTAMSTL Uttam Galva Steels Limited current price & indicator signals

Moving Averages for Uttam Galva Steels Limited

  • 5Day Average: 3.96
  • 12Day Average: 4.15
  • 20Day Average: 4.35
  • 50Day Average: 5.07
  • 100Day Average: 4.75
  • 150Day Average: 5.17
  • 200Day Average: 5.87

UTTAMSTL Indicators & signals

Indicator MACD (12,26,9)

4.11, 4.41, -0.26
Indicator MACD is in negative zone

Indicator ADX (14)

12.5, 28, 36
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of UTTAMSTL Uttam Galva Steels Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
24 Tue May 2022 3.75 3.65 to 3.80 -1.32% 0.83 times
23 Mon May 2022 3.80 3.80 to 3.95 -3.8% 2.41 times
20 Fri May 2022 3.95 3.95 to 4.15 -4.82% 1.98 times
19 Thu May 2022 4.15 4.05 to 4.20 0% 0.32 times
18 Wed May 2022 4.15 4.15 to 4.40 -2.35% 0.52 times
17 Tue May 2022 4.25 4.10 to 4.30 2.41% 0.23 times
16 Mon May 2022 4.15 3.85 to 4.20 3.75% 0.74 times
13 Fri May 2022 4.00 3.90 to 4.30 -2.44% 1.26 times
12 Thu May 2022 4.10 4.10 to 4.40 -4.65% 0.86 times
11 Wed May 2022 4.30 4.30 to 4.45 -4.44% 0.68 times
10 Tue May 2022 4.50 4.50 to 4.70 -4.26% 1.01 times
09 Mon May 2022 4.70 4.45 to 4.75 2.17% 2.09 times

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UTTAMSTL NEWS why is Uttam Galva Steels Limited price falling or rising

 

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