(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 18050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 38.83 | 39.76 | 41.99 | 37.99 | 0.112 times |
| 25 Thu May 2023 | 39.76 | 40.72 | 42.95 | 39.00 | 0.604 times |
| 24 Wed May 2023 | 40.72 | 40.10 | 43.79 | 38.50 | 0.314 times |
| 23 Tue May 2023 | 40.85 | 43.99 | 43.99 | 40.52 | 0.234 times |
| 22 Mon May 2023 | 41.67 | 46.40 | 46.40 | 39.80 | 1.656 times |
| 19 Fri May 2023 | 43.20 | 38.00 | 44.00 | 34.42 | 2.174 times |
| 18 Thu May 2023 | 36.74 | 36.06 | 38.45 | 36.06 | 1.732 times |
| 17 Wed May 2023 | 36.32 | 30.10 | 36.32 | 29.30 | 2.59 times |
| 16 Tue May 2023 | 30.27 | 31.80 | 32.00 | 30.25 | 0.154 times |
| 15 Mon May 2023 | 30.96 | 30.45 | 32.00 | 29.05 | 0.46 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 38.9 as stoploss in an intra day sell trade for a target of 33.85. However, stock will show a bullish move above 38.9.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 25.68 |
| Downside Target | 27.00 |
| Downside Target | 28.20 |
| Downside Target | 29.05 |
| Downside Target | 30.30 |
| Downside Target | 30.50 |
| Downside Target | 32.00 |
| Downside Target | 33.80 |
| Downside Target | 37.99 |
| Upside Target | 44.00 |
| Upside Target | 46.40 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 35.75 |
| Downside Intraday Target | 32.66 |
| Upside Intraday Target | 44.16 |
| Upside Intraday Target | 49.48 |
| Upside Intraday Target | 41.07 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 38.83 | 46.40 | 46.40 | 37.99 | 0.411 times |
| 19 Fri May 2023 | 43.20 | 30.45 | 44.00 | 29.05 | 22.19 times |
| 12 Fri May 2023 | 30.38 | 28.50 | 30.45 | 28.35 | 0.784 times |
| 05 Fri May 2023 | 30.30 | 30.00 | 30.30 | 28.20 | 0.644 times |
| 28 Fri Apr 2023 | 29.99 | 28.55 | 30.40 | 27.30 | 3.412 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 |
| 26 Fri May 2023 | 38.83 | 30.00 | 46.40 | 28.20 | 6.887 times |
| 28 Fri Apr 2023 | 29.99 | 27.00 | 30.44 | 26.35 | 0.67 times |
| 31 Fri Mar 2023 | 27.94 | 29.85 | 30.50 | 25.68 | 0.371 times |
| 28 Tue Feb 2023 | 28.60 | 29.60 | 33.80 | 27.00 | 2.957 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)
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 38.91 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 38.91 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. 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.
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