(ShSteel) Sh Steel Monthly charts technical analysis
(ShSteel) Sh Steel Monthly charts technical analysis Monthly analysis of Sh Steel | Buy/Sell Sh Steel
10 day averaged volume of Sh Steel is 2011
|20 Fri May 2022||21.60||24.40||26.00||20.50||0.043 Mn|
|29 Fri Apr 2022||23.60||23.00||28.80||21.70||0.077 Mn|
|31 Thu Mar 2022||23.10||23.55||27.90||22.05||0.069 Mn|
|28 Mon Feb 2022||24.40||27.50||29.95||22.50||0.05 Mn|
|31 Mon Jan 2022||27.55||25.00||34.90||24.05||0.218 Mn|
|31 Fri Dec 2021||24.40||23.00||25.75||21.05||0.046 Mn|
|30 Tue Nov 2021||24.00||24.40||28.55||20.25||0.062 Mn|
|29 Fri Oct 2021||23.40||26.00||27.65||23.00||0.052 Mn|
|30 Thu Sep 2021||25.90||25.85||28.70||22.00||0.109 Mn|
|31 Tue Aug 2021||25.60||32.95||34.70||23.35||0.182 Mn|
Indicators analysis of Sh Steel (ShSteel)
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 term time period is
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 25.19 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||22, 9, 42||Buy|