(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 1958
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Thu Jun 2022||21.65||22.70||22.70||19.10||2.415 times|
|29 Wed Jun 2022||22.85||22.95||22.95||21.85||0.594 times|
|28 Tue Jun 2022||21.60||22.80||24.25||21.35||2.15 times|
|27 Mon Jun 2022||22.75||22.90||22.90||21.05||0.319 times|
|24 Fri Jun 2022||22.90||21.85||23.00||21.85||0.575 times|
|23 Thu Jun 2022||21.40||21.40||23.80||18.10||1.97 times|
|22 Wed Jun 2022||21.00||20.85||22.90||20.50||0.305 times|
|21 Tue Jun 2022||21.80||21.85||21.85||20.20||2.287 times|
|20 Mon Jun 2022||21.40||21.40||21.40||21.40||0.043 times|
|17 Fri Jun 2022||21.40||21.40||21.40||21.30||0.573 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.5 as stoploss in an intra day buy trade for a target of 22.19. However, stock will show a bearish move below 21.5.
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||19.08|
|Downside Intraday Target||16.52|
|Upside Intraday Target||24.23|
|Upside Intraday Target||26.82|
|Upside Intraday Target||21.67|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Thu Jun 2022||21.65||22.90||24.25||19.10||1.058 times|
|24 Fri Jun 2022||22.90||21.40||23.80||18.10||1.757 times|
|17 Fri Jun 2022||21.40||23.70||23.70||20.05||0.329 times|
|10 Fri Jun 2022||23.20||21.40||25.60||21.10||1.1 times|
|03 Fri Jun 2022||21.80||22.10||24.95||21.50||1.281 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|
|30 Thu Jun 2022||21.65||23.60||25.60||18.10||0.886 times|
|31 Tue May 2022||23.05||24.40||26.00||20.50||0.795 times|
|29 Fri Apr 2022||23.60||23.00||28.80||21.70||1.108 times|
|31 Thu Mar 2022||23.10||23.55||27.90||22.05||1.391 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||13, 30, 39||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 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 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 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. Bulls are getting tired and bears are picking up momentum.
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 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 21.75 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.