Technical Analysis for BSL - BlueScope Steel Limited  

Grade Last Price % Change Price Change
C 21.230 0.52% 0.110
BSL closed up 0.52 percent on Friday, November 22, 2024, on 72 percent of normal volume. It ran into resistance at its 50 day moving average. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Flat Down Flat

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
50 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Cup with Handle Other 0.00%
Gapped Up Strength 0.00%
20 DMA Resistance Bearish 0.52%
200 DMA Resistance Bearish 0.52%
Cup with Handle Other 0.52%

   Recent Intraday Alerts

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

BlueScope Steel Limited   Description

BlueScope Steel Limited is a steel manufacturing company. The Company offers metal coated and painted steel building products, and is also a supplier of engineered building solutions (EBS) to industrial and commercial markets. The Company's segments include Australian Steel Products, which produces and markets a range of coated and painted flat steel products, as well as various commodity flat steel products; New Zealand & Pacific Steel, which includes the New Zealand Steel, Pacific Steel, New Zealand Minerals and BlueScope Pacific Islands business areas; BlueScope Buildings, which provides EBS and includes its metal coating, painting and Lysaght operations in China; Building Products ASEAN, North America & India, which is involved in metallic coating, painting and steel building product operations, among others, and Hot Rolled Products North America, which includes North Star BlueScope Steel, a single site electric arc furnace producer of hot rolled coil.


Classification

Sector: Basic Materials
Industry: Steel
Keywords: Metal Minerals Oil Manufacturing Building Steel Commodity Building Materials Building Products Coating Paint Scope

Is BSL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 23.8923
52 Week Low 18.8341
Average Volume 1,586,422
200-Day Moving Average 21.231
50-Day Moving Average 21.349
20-Day Moving Average 21.163
10-Day Moving Average 21.151
Average True Range 0.607
RSI (14) 50.00
ADX 14.3
+DI 28.035
-DI 22.524
Chandelier Exit (Long, 3 ATRs) 21.381
Chandelier Exit (Short, 3 ATRs) 21.360
Upper Bollinger Bands 22.415
Lower Bollinger Band 19.911
Percent B (%b) 0.53
BandWidth 11.835
MACD Line -0.059
MACD Signal Line -0.033
MACD Histogram -0.0261
Fundamentals Value
Market Cap 10.7 Billion
Num Shares 504 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 112.33
Price-to-Sales 0.79
Price-to-Book 1.34
PEG Ratio 0.00
Dividend 0.14
Dividend Yield 0.66%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.830
Resistance 3 (R3) 21.893 21.757 21.730
Resistance 2 (R2) 21.757 21.604 21.725 21.697
Resistance 1 (R1) 21.493 21.509 21.425 21.430 21.663
Pivot Point 21.357 21.357 21.323 21.325 21.357
Support 1 (S1) 21.093 21.204 21.025 21.030 20.797
Support 2 (S2) 20.957 21.109 20.925 20.763
Support 3 (S3) 20.693 20.957 20.730
Support 4 (S4) 20.630