(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 2021-09-07 View latest technical analysis
10 day averaged volume of Sh Steel is 3244
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||25.70||25.90||27.90||24.00||1.683 times|
|06 Mon Sep 2021||26.95||25.50||28.70||25.00||0.244 times|
|03 Fri Sep 2021||26.55||28.65||28.65||24.50||0.907 times|
|02 Thu Sep 2021||26.80||26.95||27.75||26.00||1.019 times|
|01 Wed Sep 2021||25.10||25.85||28.50||24.50||2.184 times|
|31 Tue Aug 2021||25.60||26.75||26.75||24.25||0.65 times|
|30 Mon Aug 2021||26.85||29.00||29.00||25.20||0.573 times|
|27 Fri Aug 2021||26.20||26.40||27.95||25.10||1.164 times|
|26 Thu Aug 2021||26.15||28.50||28.50||25.15||0.879 times|
|25 Wed Aug 2021||26.20||26.90||29.50||24.45||0.93 times|
My analysis of stock is bearish for shortterm, and stock might move down till 25 or till 23.7. Use a stoploss of 26.18 and if the stock hits stoploss, then it can shoot up till 27.33
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||23.57|
|Downside Intraday Target||21.43|
|Upside Intraday Target||28.27|
|Upside Intraday Target||30.83|
|Upside Intraday Target||26.13|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||25.70||25.50||28.70||24.00||0.361 times|
|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|
Price has moved down 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|
|07 Tue Sep 2021||25.70||25.85||28.70||24.00||0.107 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||12, 14, 5||Sell|
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 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 to mid term time period is
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 SELL. 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.
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 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 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 25.99 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.