(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 2411
| Date | Closing Price | Open | High | Low | Volume |
| 04 Tue Oct 2022 | 23.45 | 24.25 | 25.45 | 23.30 | 0.003 Mn |
| 30 Fri Sep 2022 | 23.20 | 23.10 | 26.65 | 22.25 | 0.015 Mn |
| 23 Fri Sep 2022 | 23.35 | 23.75 | 26.70 | 23.25 | 0.009 Mn |
| 16 Fri Sep 2022 | 23.25 | 24.90 | 26.00 | 22.55 | 0.009 Mn |
| 09 Fri Sep 2022 | 23.90 | 26.55 | 28.90 | 23.60 | 0.031 Mn |
| 02 Fri Sep 2022 | 26.55 | 22.65 | 28.20 | 22.55 | 0.035 Mn |
| 26 Fri Aug 2022 | 23.40 | 22.35 | 23.65 | 22.05 | 0.007 Mn |
| 19 Fri Aug 2022 | 22.55 | 23.00 | 24.45 | 21.65 | 0.007 Mn |
| 12 Fri Aug 2022 | 24.10 | 24.15 | 24.20 | 23.00 | 0.003 Mn |
| 04 Thu Aug 2022 | 24.15 | 24.00 | 24.20 | 23.25 | 0.004 Mn |
Indicators analysis of Sh Steel (ShSteel)
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy 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 red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 24.38 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 | 15, 13, 7 | Buy |
| MACD | -0, -0 | Buy |
| Stochastics | 23 | Sell |
| CCI | -6 | Buy |
| RSI | 47 | Sell |
| OBV | 20820 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
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