(ShSteel) Sh Steel ForceIndex charts technical analysis
(ShSteel) Sh Steel ForceIndex charts technical analysis ForceIndex analysis of Sh Steel | Buy/Sell Sh Steel
10 day averaged volume of Sh Steel is 30793
| Date | Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 40.20 | 39.97 | 44.65 | 39.30 | 0.034 Mn |
| 13 Mon May 2024 | 38.18 | 39.26 | 40.30 | 37.20 | 0.005 Mn |
| 10 Fri May 2024 | 39.40 | 40.50 | 41.26 | 38.75 | 0.019 Mn |
| 09 Thu May 2024 | 40.24 | 44.99 | 44.99 | 39.60 | 0.02 Mn |
| 08 Wed May 2024 | 42.36 | 48.80 | 50.80 | 41.90 | 0.076 Mn |
| 07 Tue May 2024 | 47.86 | 40.80 | 47.86 | 39.80 | 0.175 Mn |
| 06 Mon May 2024 | 39.89 | 38.20 | 40.00 | 38.00 | 0.002 Mn |
| 03 Fri May 2024 | 40.00 | 40.00 | 40.00 | 38.50 | 0.002 Mn |
| 02 Thu May 2024 | 38.77 | 39.80 | 41.00 | 38.20 | 0.004 Mn |
| 30 Tue Apr 2024 | 39.80 | 39.99 | 41.00 | 39.80 | 0.003 Mn |
Indicators analysis of Sh Steel (ShSteel)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Sh Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 44.54 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Sh Steel (ShSteel) stock. Volume based technical analysis of Sh Steel (ShSteel) stock is negative.
Sh Steel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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