(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)
Showing technical analysis as on 2021-09-03 View latest technical analysis
10 day averaged volume of Sh Steel is 3406
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Sep 2021||26.55||28.65||28.65||24.50||0.863 times|
|02 Thu Sep 2021||26.80||26.95||27.75||26.00||0.971 times|
|01 Wed Sep 2021||25.10||25.85||28.50||24.50||2.08 times|
|31 Tue Aug 2021||25.60||26.75||26.75||24.25||0.619 times|
|30 Mon Aug 2021||26.85||29.00||29.00||25.20||0.546 times|
|27 Fri Aug 2021||26.20||26.40||27.95||25.10||1.109 times|
|26 Thu Aug 2021||26.15||28.50||28.50||25.15||0.837 times|
|25 Wed Aug 2021||26.20||26.90||29.50||24.45||0.886 times|
|24 Tue Aug 2021||25.55||25.10||26.70||23.35||1.381 times|
|23 Mon Aug 2021||25.00||26.00||26.20||23.80||0.897 times|
My analysis of stock is bullish for shortterm, and stock might move up till 28.1 or till 30. Use a stoploss of 26.45 and if this stock hits its stoploss, then it can fall down till 24.84
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||24.2|
|Downside Intraday Target||21.85|
|Upside Intraday Target||28.95|
|Upside Intraday Target||31.35|
|Upside Intraday Target||26.6|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Sep 2021||26.55||29.00||29.00||24.25||0.994 times|
|27 Fri Aug 2021||26.20||26.00||29.50||23.35||0.777 times|
|20 Fri Aug 2021||24.45||28.55||28.55||23.70||0.23 times|
|13 Fri Aug 2021||26.60||30.00||31.00||24.25||2.351 times|
|06 Fri Aug 2021||31.45||32.95||34.70||30.00||0.58 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|
|03 Fri Sep 2021||26.55||25.85||28.65||24.50||0.073 times|
|31 Tue Aug 2021||25.60||32.95||34.70||23.35||0.442 times|
|30 Fri Jul 2021||32.80||22.95||35.00||22.60||2.044 times|
|30 Wed Jun 2021||22.10||24.45||25.50||19.80||0.931 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||15, 14, 6||Buy|
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sh Steel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 but SELL signal is weak.
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
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 25.86 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.