(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 2021-11-18 View latest technical analysis
10 day averaged volume of Sh Steel is 3994
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 23.30 | 24.10 | 26.40 | 22.90 | 0.709 times |
| 17 Wed Nov 2021 | 25.40 | 24.70 | 25.45 | 24.70 | 0.159 times |
| 16 Tue Nov 2021 | 25.20 | 24.95 | 25.55 | 23.50 | 0.108 times |
| 15 Mon Nov 2021 | 24.95 | 26.40 | 26.40 | 23.25 | 0.591 times |
| 12 Fri Nov 2021 | 26.25 | 25.45 | 26.25 | 24.55 | 0.035 times |
| 11 Thu Nov 2021 | 25.45 | 26.90 | 26.90 | 24.65 | 0.296 times |
| 10 Wed Nov 2021 | 25.55 | 26.90 | 27.95 | 24.30 | 0.587 times |
| 09 Tue Nov 2021 | 26.00 | 24.20 | 26.20 | 24.20 | 0.936 times |
| 08 Mon Nov 2021 | 24.20 | 25.05 | 25.05 | 23.80 | 0.599 times |
| 04 Thu Nov 2021 | 24.30 | 25.15 | 27.25 | 21.25 | 1.951 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.7, but if it comes above 23.7, then a intra day buy could be more profitable.
If you take a sell trade below 23.7, then use 23.7 as stoploss and 22.6 as target. However if you take a buy trade in stock , then use 23.7 as stoploss and 24.65 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 20.25 |
| Downside Target | 22.00 |
| Downside Target | 22.60 |
| Upside Target | 25.10 |
| Upside Target | 26.40 |
| Upside Target | 27.65 |
| Upside Target | 27.95 |
| Upside Target | 28.55 |
| Upside Target | 28.70 |
| Upside Target | 34.70 |
| Upside Target | 35.00 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 22 |
| Downside Intraday Target | 20.7 |
| Upside Intraday Target | 25.5 |
| Upside Intraday Target | 27.7 |
| Upside Intraday Target | 24.2 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Nov 2021 | 23.30 | 26.40 | 26.40 | 22.90 | 0.639 times |
| 12 Fri Nov 2021 | 26.25 | 25.05 | 27.95 | 23.80 | 0.287 times |
| 04 Thu Nov 2021 | 24.30 | 24.40 | 28.55 | 20.25 | 4.589 times |
| 29 Fri Oct 2021 | 23.40 | 24.00 | 25.10 | 23.10 | 1.031 times |
| 22 Fri Oct 2021 | 23.50 | 24.35 | 25.45 | 23.00 | 0.537 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 |
| 18 Thu Nov 2021 | 23.30 | 24.40 | 28.55 | 20.25 | 0.964 times |
| 29 Fri Oct 2021 | 23.40 | 26.00 | 27.65 | 23.00 | 0.479 times |
| 30 Thu Sep 2021 | 25.90 | 25.85 | 28.70 | 22.00 | 0.597 times |
| 31 Tue Aug 2021 | 25.60 | 32.95 | 34.70 | 23.35 | 0.442 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 | 14, 21, 21 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 47 | None |
| CCI | -101 | Sell |
| RSI | 48 | Sell |
| OBV | 10387 | Sell |
| VWAP | 25 | Sell |
| ADL | 0 | Sell |
| ROC | -11 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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 short 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 short to mid 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 mid to longer 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.
ADX buy sell signal for Sh Steel stock for short term is SELL. 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 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 positive zone. This is a BUY 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 24.74 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.
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