(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 2021-09-08 View latest technical analysis
10 day averaged volume of Sh Steel is 3320
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Wed Sep 2021||25.45||26.55||26.55||24.55||0.229 times|
|07 Tue Sep 2021||25.70||25.90||27.90||24.00||1.644 times|
|06 Mon Sep 2021||26.95||25.50||28.70||25.00||0.238 times|
|03 Fri Sep 2021||26.55||28.65||28.65||24.50||0.886 times|
|02 Thu Sep 2021||26.80||26.95||27.75||26.00||0.996 times|
|01 Wed Sep 2021||25.10||25.85||28.50||24.50||2.134 times|
|31 Tue Aug 2021||25.60||26.75||26.75||24.25||0.635 times|
|30 Mon Aug 2021||26.85||29.00||29.00||25.20||0.56 times|
|27 Fri Aug 2021||26.20||26.40||27.95||25.10||1.137 times|
|26 Thu Aug 2021||26.15||28.50||28.50||25.15||0.859 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 25 as stoploss in an intra day buy trade for a target of 26.04. However, stock will show a bearish move below 25.
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||23.4|
|Downside Intraday Target||21.35|
|Upside Intraday Target||28.1|
|Upside Intraday Target||30.75|
|Upside Intraday Target||26.05|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Wed Sep 2021||25.45||25.50||28.70||24.00||0.405 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|
|08 Wed Sep 2021||25.45||25.85||28.70||24.00||0.112 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 down 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, 13, 5||Sell|
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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
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 SELL signal for Sh Steel in short term and the sell signal is strong.
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 BUY signal in short term and the buying is gaining 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 25.95 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.