(ShSteel) Sh Steel Weekly charts technical analysis
(ShSteel) Sh Steel Weekly charts technical analysis Weekly analysis of Sh Steel | Buy/Sell Sh Steel
10 day averaged volume of Sh Steel is 2861
| Date | Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 21.55 | 22.65 | 22.95 | 21.30 | 0.001 Mn |
| 20 Fri May 2022 | 21.60 | 23.60 | 24.95 | 20.50 | 0.018 Mn |
| 13 Fri May 2022 | 23.00 | 25.00 | 25.00 | 21.00 | 0.01 Mn |
| 06 Fri May 2022 | 24.50 | 24.40 | 26.00 | 23.05 | 0.014 Mn |
| 29 Fri Apr 2022 | 23.60 | 25.55 | 26.00 | 21.70 | 0.026 Mn |
| 22 Fri Apr 2022 | 24.15 | 25.45 | 25.95 | 23.65 | 0.006 Mn |
| 13 Wed Apr 2022 | 24.95 | 26.75 | 27.75 | 24.45 | 0.007 Mn |
| 08 Fri Apr 2022 | 26.20 | 24.60 | 28.80 | 23.50 | 0.036 Mn |
| 01 Fri Apr 2022 | 23.20 | 24.70 | 24.70 | 22.50 | 0.013 Mn |
| 25 Fri Mar 2022 | 24.50 | 25.60 | 26.70 | 22.05 | 0.015 Mn |
Indicators analysis of Sh Steel (ShSteel)
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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sh Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.16 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.
Weekly charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 13, 18, 16 | Sell |
| MACD | -1, -0 | Sell |
| Stochastics | 17 | Sell |
| CCI | -126 | Sell |
| RSI | 56 | Buy |
| OBV | 50546 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
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