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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 7745

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 26.80 26.30 27.40 25.60 1.114 times
24 Thu Nov 2022 27.10 27.90 27.90 25.65 1.13 times
23 Wed Nov 2022 26.80 29.50 29.50 24.10 0.133 times
22 Tue Nov 2022 27.45 29.30 29.30 26.70 0.329 times
21 Mon Nov 2022 26.55 29.90 29.90 26.45 1.105 times
18 Fri Nov 2022 28.00 28.10 28.80 28.00 0.23 times
17 Thu Nov 2022 29.10 28.00 29.50 27.30 0.941 times
16 Wed Nov 2022 28.00 29.50 29.50 27.05 0.889 times
15 Tue Nov 2022 27.55 27.50 28.15 25.60 1.369 times
14 Mon Nov 2022 26.70 29.75 29.75 26.65 0.575 times

My analysis of stock is bullish for shortterm, and stock might move up till 28.4 or till 30.6. Use a stoploss of 26.57 and if this stock hits its stoploss, then it can fall down till 24.74

Share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Target 20.10
Downside Target 21.60
Downside Target 22.25
Downside Target 23.05
Downside Target 24.10
Downside Target 25.00
Downside Target 25.50
Downside Target 25.60
Upside Target 28.90
Upside Target 29.75
Upside Target 29.90
Upside Target 33.00

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 23.97
Downside Intraday Target 21.13
Upside Intraday Target 29.77
Upside Intraday Target 32.73
Upside Intraday Target 26.93

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 26.80 29.90 29.90 24.10 0.952 times
18 Fri Nov 2022 28.00 29.75 29.75 25.60 0.153 times
11 Fri Nov 2022 28.10 25.45 33.00 25.00 18.313 times
04 Fri Nov 2022 24.00 25.40 25.40 23.05 3.197 times
28 Fri Oct 2022 24.35 25.40 25.40 23.50 2.224 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
25 Fri Nov 2022 26.80 24.10 33.00 23.05 13.732 times
31 Mon Oct 2022 23.80 24.25 25.50 20.10 0.204 times
30 Fri Sep 2022 23.20 23.80 28.90 22.25 4.289 times
30 Tue Aug 2022 22.80 24.00 24.45 21.65 0.602 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 16, 19, 9 Sell
MACD 1, 2Sell
Stochastics 43None
CCI -112Sell
RSI 53Buy
OBV 98420Sell
VWAP 27Sell
ADL 0Sell
ROC -5Sell
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 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 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 weakening, and bulls 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 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

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 27.41 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 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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