(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)
10 day averaged volume of Sh Steel is 19760
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 42.36 | 48.80 | 50.80 | 41.90 | 3.838 times |
| 07 Tue May 2024 | 47.86 | 40.80 | 47.86 | 39.80 | 8.832 times |
| 06 Mon May 2024 | 39.89 | 38.20 | 40.00 | 38.00 | 0.099 times |
| 03 Fri May 2024 | 40.00 | 40.00 | 40.00 | 38.50 | 0.106 times |
| 02 Thu May 2024 | 38.77 | 39.80 | 41.00 | 38.20 | 0.198 times |
| 30 Tue Apr 2024 | 39.80 | 39.99 | 41.00 | 39.80 | 0.145 times |
| 29 Mon Apr 2024 | 39.38 | 39.20 | 40.15 | 38.00 | 0.146 times |
| 26 Fri Apr 2024 | 39.43 | 40.50 | 41.00 | 39.20 | 0.112 times |
| 25 Thu Apr 2024 | 39.82 | 39.00 | 40.27 | 39.00 | 0.059 times |
| 24 Wed Apr 2024 | 38.48 | 39.00 | 41.50 | 38.16 | 0.299 times |
Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.7, but if it comes below 41.7, then a intra day sell could be more profitable.
If you take a sell trade below 41.7, then use 41.7 as stoploss and 39.5 as target. However if you take a buy trade in stock , then use 41.7 as stoploss and 44.4 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.26 |
| Downside Target | 36.00 |
| Downside Target | 37.30 |
| Downside Target | 39.00 |
| Downside Target | 41.00 |
| Downside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 43.20 |
| Upside Target | 47.70 |
| Upside Target | 47.99 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 36.64 |
| Downside Intraday Target | 30.92 |
| Upside Intraday Target | 49.44 |
| Upside Intraday Target | 56.52 |
| Upside Intraday Target | 43.72 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 42.36 | 38.20 | 50.80 | 38.00 | 21.45 times |
| 03 Fri May 2024 | 40.00 | 39.20 | 41.00 | 38.00 | 0.855 times |
| 26 Fri Apr 2024 | 39.43 | 36.00 | 41.50 | 36.00 | 1.897 times |
| 19 Fri Apr 2024 | 38.84 | 38.15 | 39.00 | 36.50 | 1.427 times |
| 12 Fri Apr 2024 | 38.15 | 40.35 | 42.00 | 38.15 | 0.099 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sh Steel (ShSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 42.36 | 39.80 | 50.80 | 38.00 | 3.102 times |
| 30 Tue Apr 2024 | 39.80 | 38.80 | 43.00 | 36.00 | 0.602 times |
| 28 Thu Mar 2024 | 37.97 | 39.70 | 47.99 | 34.26 | 1.3 times |
| 29 Thu Feb 2024 | 38.11 | 41.00 | 43.20 | 37.30 | 0.392 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Sh Steel (ShSteel)
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 45.61 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 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.
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 45.61 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 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.
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