(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 2022-11-28 View latest technical analysis
10 day averaged volume of Sh Steel is 6053
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 27.00 | 27.60 | 28.25 | 26.85 | 0.411 times |
| 25 Fri Nov 2022 | 26.80 | 26.30 | 27.40 | 25.60 | 1.426 times |
| 24 Thu Nov 2022 | 27.10 | 27.90 | 27.90 | 25.65 | 1.446 times |
| 23 Wed Nov 2022 | 26.80 | 29.50 | 29.50 | 24.10 | 0.17 times |
| 22 Tue Nov 2022 | 27.45 | 29.30 | 29.30 | 26.70 | 0.42 times |
| 21 Mon Nov 2022 | 26.55 | 29.90 | 29.90 | 26.45 | 1.414 times |
| 18 Fri Nov 2022 | 28.00 | 28.10 | 28.80 | 28.00 | 0.294 times |
| 17 Thu Nov 2022 | 29.10 | 28.00 | 29.50 | 27.30 | 1.204 times |
| 16 Wed Nov 2022 | 28.00 | 29.50 | 29.50 | 27.05 | 1.138 times |
| 15 Tue Nov 2022 | 27.55 | 27.50 | 28.15 | 25.60 | 1.751 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.5 or till 30.6. Use a stoploss of 26.7 and if this stock hits its stoploss, then it can fall down till 24.94
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 | 26.85 |
| Upside Target | 28.25 |
| 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 | 26.48 |
| Downside Intraday Target | 25.97 |
| Upside Intraday Target | 27.88 |
| Upside Intraday Target | 28.77 |
| Upside Intraday Target | 27.37 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Nov 2022 | 27.00 | 27.60 | 28.25 | 26.85 | 0.084 times |
| 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 |
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 |
| 28 Mon Nov 2022 | 27.00 | 24.10 | 33.00 | 23.05 | 13.857 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 | 19, 18, 1 | Buy |
| MACD | 1, 1 | Sell |
| Stochastics | 49 | None |
| CCI | -19 | Buy |
| RSI | 51 | Buy |
| OBV | 100916 | Sell |
| VWAP | 27 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is losing 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 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 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 27.44 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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