(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 2022-04-21 View latest technical analysis
10 day averaged volume of Sh Steel is 4382
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Thu Apr 2022||25.10||24.10||25.90||24.10||0.52 times|
|20 Wed Apr 2022||24.55||24.05||25.95||23.65||0.26 times|
|19 Tue Apr 2022||25.40||25.40||25.85||24.00||0.248 times|
|18 Mon Apr 2022||25.40||25.45||25.90||24.05||0.407 times|
|13 Wed Apr 2022||24.95||24.95||25.55||24.90||0.193 times|
|12 Tue Apr 2022||24.95||24.75||27.20||24.60||0.831 times|
|11 Mon Apr 2022||26.00||26.75||27.75||24.45||0.654 times|
|08 Fri Apr 2022||26.20||28.50||28.50||24.00||0.806 times|
|07 Thu Apr 2022||26.15||27.35||27.55||24.75||0.788 times|
|06 Wed Apr 2022||26.80||26.50||27.85||26.00||0.907 times|
My analysis of stock is bullish for shortterm, and stock might move up till 26 or till 27.5. Use a stoploss of 24.72 and if this stock hits its stoploss, then it can fall down till 23.46
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||23.85|
|Downside Intraday Target||22.6|
|Upside Intraday Target||26.15|
|Upside Intraday Target||27.2|
|Downside Intraday Target||24.9|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Thu Apr 2022||25.10||25.45||25.95||23.65||0.855 times|
|13 Wed Apr 2022||24.95||26.75||27.75||24.45||0.206 times|
|08 Fri Apr 2022||26.20||24.60||28.80||23.50||2.648 times|
|01 Fri Apr 2022||23.20||24.70||24.70||22.50||0.909 times|
|25 Fri Mar 2022||24.50||25.60||26.70||22.05||0.709 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|
|21 Thu Apr 2022||25.10||23.00||28.80||22.50||0.729 times|
|31 Thu Mar 2022||23.10||23.55||27.90||22.05||1.391 times|
|28 Mon Feb 2022||24.40||27.50||29.95||22.50||0.229 times|
|31 Mon Jan 2022||27.55||25.00||34.90||24.05||4.747 times|
Scroll below to view daily charts
Price has moved up 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, 10, 13||Buy|
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 25.77 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.