SCS NEWS why is Steelcase Inc. price falling or rising

SCS NEWS reasons for why stock price of Steelcase Inc. is falling or rising

SCS Steelcase Inc is falling or rising technical reasons

Technical analysis forecast of Steelcase Inc 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 Steelcase Inc SCS at this time. Stock is rising and might rise more.

It appears as if Steelcase Inc SCS gave a large move recently.

Stock of Steelcase Inc (SCS) 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 Steelcase Inc is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Steelcase Inc stays above 13.1, but if it comes below 13.1, then a intra day sell could be more profitable.
If you take a sell trade below 13.1, then use 13.1 as stoploss and 12.66 as target. However if you take a buy trade in Steelcase Inc, then use 13.1 as stoploss and 13.7 as target.

SCS Steelcase Inc is falling or rising NEWS fundamental reasons

DoT set to seek clarity, security clearance from NSCS on satcom Officials familiar with the matter revealed that the Department of Telecommunications (DoT) is expected to approach the National Security Council Secretariat (NSCS) to seek approval and clarification regarding satellite communications, particularly concern - NEWS as on 2024-05-09 indiatimes.com

More announcements and NEWS

SCS Steelcase Inc. current price & indicator signals

Moving Averages for Steelcase Inc.

  • 5Day Average: 13.13
  • 12Day Average: 12.67
  • 20Day Average: 12.42
  • 50Day Average: 12.58
  • 100Day Average: 12.77
  • 150Day Average: 12.48
  • 200Day Average: 11.76

SCS Indicators & signals

Indicator MACD (12,26,9)

12.81, 12.62, 0.04
Indicator MACD is in positive zone

Indicator ADX (14)

22.22, 39.29, 25
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SCS Steelcase Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
14 Tue May 2024 13.37 13.22 to 13.48 1.44% 0.99 times
13 Mon May 2024 13.18 13.16 to 13.31 0.23% 0.82 times
10 Fri May 2024 13.15 13.06 to 13.21 0% 0.75 times
09 Thu May 2024 13.15 12.77 to 13.17 2.65% 1.3 times
08 Wed May 2024 12.81 12.55 to 12.82 0.87% 0.78 times
07 Tue May 2024 12.70 12.59 to 12.75 1.03% 1 times
06 Mon May 2024 12.57 12.52 to 12.68 0.64% 0.96 times
03 Fri May 2024 12.49 12.40 to 12.54 1.96% 0.99 times
02 Thu May 2024 12.25 12.10 to 12.26 1.83% 1.18 times
01 Wed May 2024 12.03 11.98 to 12.19 0% 0.93 times
30 Tue Apr 2024 12.03 12.00 to 12.24 -2.12% 1.29 times
29 Mon Apr 2024 12.29 12.12 to 12.31 1.82% 1.06 times

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SCS NEWS why is Steelcase Inc. price falling or rising

 

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