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(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)

Target Type Value
Downside Target 19.05
Downside Target 19.80
Downside Target 22.60
Downside Target 23.35
Downside Target 25.50
Upside Target 28.55
Upside Target 28.70
Upside Target 29.00
Upside Target 29.50
Upside Target 31.00
Upside Target 31.70
Upside Target 34.70
Upside Target 35.00

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
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
MACD -0, -0Buy
Stochastics 47None
CCI -100Sell
RSI 49Sell
OBV -47890Sell
VWAP 26Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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