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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 7734

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 37.97 37.50 38.00 37.50 0.094 times
27 Wed Mar 2024 36.81 35.60 38.95 35.60 0.227 times
26 Tue Mar 2024 38.00 39.70 39.70 37.01 0.88 times
22 Fri Mar 2024 38.00 38.00 38.25 37.50 0.119 times
21 Thu Mar 2024 37.70 36.50 38.00 36.50 0.186 times
20 Wed Mar 2024 36.27 37.00 37.05 36.19 0.175 times
19 Tue Mar 2024 36.55 39.79 39.79 36.50 0.214 times
18 Mon Mar 2024 36.73 37.95 39.97 36.10 1.153 times
15 Fri Mar 2024 36.52 38.68 38.68 35.66 0.809 times
14 Thu Mar 2024 37.71 38.17 39.94 34.26 1.147 times

My analysis of stock is bullish for shortterm, and stock might move up till 39.3 or till 40.9. Use a stoploss of 37.94 and if this stock hits its stoploss, then it can fall down till 36.59

Share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Target 32.10
Downside Target 32.81
Downside Target 34.26
Downside Target 35.60
Upside Target 39.00
Upside Target 40.70
Upside Target 41.00
Upside Target 43.20
Upside Target 47.70
Upside Target 47.99
Upside Target 48.04

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 35.81
Downside Intraday Target 33.66
Upside Intraday Target 39.91
Upside Intraday Target 41.86
Downside Intraday Target 37.76

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 37.97 39.70 39.70 35.60 0.65 times
22 Fri Mar 2024 38.00 37.95 39.97 36.10 0.134 times
15 Fri Mar 2024 36.52 38.80 47.99 34.26 14.362 times
07 Thu Mar 2024 38.00 40.20 40.70 37.05 0.885 times
01 Fri Mar 2024 38.83 39.00 41.00 37.50 0.577 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
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
31 Wed Jan 2024 39.50 37.40 47.70 36.45 0.527 times
29 Fri Dec 2023 36.90 35.05 48.04 32.81 7.586 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)

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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 and BUY 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

Although the stock is in the SELL zone, but selling 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 37.21 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 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.

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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

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 and BUY 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

Although the stock is in the SELL zone, but selling 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 37.21 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 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.

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Daily charts

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