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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)

10 day averaged volume of Sh Steel is 1831

Date Daily Closing Price Open High Low Volume
26 Mon Sep 2022 23.95 23.10 23.95 23.10 6.406 times
23 Fri Sep 2022 23.35 23.50 24.00 23.25 0.344 times
22 Thu Sep 2022 24.20 24.50 24.50 23.95 0.379 times
21 Wed Sep 2022 24.05 24.75 24.90 23.85 0.14 times
20 Tue Sep 2022 24.05 24.50 26.70 23.90 3.344 times
19 Mon Sep 2022 24.45 23.75 25.00 23.70 0.92 times
16 Fri Sep 2022 23.25 24.50 24.90 23.25 1.41 times
15 Thu Sep 2022 24.50 24.00 25.00 24.00 0.433 times
14 Wed Sep 2022 24.00 23.95 24.00 23.80 0.283 times
13 Tue Sep 2022 23.55 23.00 24.00 22.65 0.792 times

Stock of Sh Steel (ShSteel) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 23.2 or till 21.9. Use a stoploss of 24.21 and if the stock hits stoploss, then it can shoot up till 25.26

Share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Target 18.10
Downside Target 20.50
Downside Target 21.60
Downside Target 22.55
Downside Target 23.10
Upside Target 24.45
Upside Target 25.00
Upside Target 25.60
Upside Target 26.00
Upside Target 26.70
Upside Target 28.20
Upside Target 28.90

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 23.38
Downside Intraday Target 22.82
Upside Intraday Target 24.23
Upside Intraday Target 24.52
Downside Intraday Target 23.67

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
26 Mon Sep 2022 23.95 23.10 23.95 23.10 1.249 times
23 Fri Sep 2022 23.35 23.75 26.70 23.25 1.053 times
16 Fri Sep 2022 23.25 24.90 26.00 22.55 0.285 times
09 Fri Sep 2022 23.90 26.55 28.90 23.60 0.89 times
02 Fri Sep 2022 26.55 22.65 28.20 22.55 5.222 times

Price has moved up 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
26 Mon Sep 2022 23.95 23.80 28.90 22.55 4.129 times
30 Tue Aug 2022 22.80 24.00 24.45 21.65 0.602 times
29 Fri Jul 2022 23.80 23.60 25.00 21.60 0.697 times
30 Thu Jun 2022 21.65 23.60 25.60 18.10 0.946 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)

Indicator Name Indicator Value Indicator Signal
ADX 19, 19, 2 Sell
MACD 0, 0Sell
Stochastics 30None
CCI -67Buy
RSI 40Sell
OBV 45170Sell
VWAP 24Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 mid to longer term time period is

ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sh Steel in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 23.93 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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

Click here for Sh Steel charts

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Daily charts

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Daily chart

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