(ShSteel) Sh Steel complete technical analysis [charts+indicators] | Buy/Sell Sh Steel | (ShSteel) share price targets
Complete technical analysis of Sh Steel (ShSteel) by charts plus indicators, forecast predictions and share price targets for Sh Steel (ShSteel)
10 day averaged volume of Sh Steel is 2411
|Date||Daily Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||23.45||25.45||25.45||23.45||0.747 times|
|03 Mon Oct 2022||23.90||24.25||24.90||23.30||0.436 times|
|30 Fri Sep 2022||23.20||23.00||24.65||23.00||0.552 times|
|29 Thu Sep 2022||23.30||26.65||26.65||23.05||0.28 times|
|28 Wed Sep 2022||23.90||23.35||24.00||23.35||0.087 times|
|27 Tue Sep 2022||23.40||24.00||24.00||22.25||0.588 times|
|26 Mon Sep 2022||23.95||23.10||23.95||23.10||4.865 times|
|23 Fri Sep 2022||23.35||23.50||24.00||23.25||0.261 times|
|22 Thu Sep 2022||24.20||24.50||24.50||23.95||0.288 times|
|21 Wed Sep 2022||24.05||24.75||24.90||23.85||0.106 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 23.3 as stoploss in an intra day buy trade for a target of 23.92. However, stock will show a bearish move below 23.3.
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||22.68|
|Downside Intraday Target||21.92|
|Upside Intraday Target||24.83|
|Upside Intraday Target||26.22|
|Upside Intraday Target||24.07|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||23.45||24.25||25.45||23.30||0.186 times|
|30 Fri Sep 2022||23.20||23.10||26.65||22.25||1.636 times|
|23 Fri Sep 2022||23.35||23.75||26.70||23.25||1.053 times|
|16 Fri Sep 2022||23.25||24.90||26.00||22.55||0.285 times|
|09 Fri Sep 2022||23.90||26.55||28.90||23.60||0.89 times|
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Sh Steel (ShSteel)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|04 Tue Oct 2022||23.45||24.25||25.45||23.30||0.029 times|
|30 Fri Sep 2022||23.20||23.80||28.90||22.25||4.289 times|
|30 Tue Aug 2022||22.80||24.00||24.45||21.65||0.602 times|
|29 Fri Jul 2022||23.80||23.60||25.00||21.60||0.697 times|
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Sh Steel (ShSteel)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||25, 13, 31||Buy|
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 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 short to mid term time period is
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 gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Sh Steel in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 23.78 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.