(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 2022-12-07 View latest technical analysis
10 day averaged volume of Sh Steel is 3593
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Wed Dec 2022||27.95||29.00||29.00||26.10||1.622 times|
|06 Tue Dec 2022||27.05||26.00||28.40||26.00||0.402 times|
|05 Mon Dec 2022||26.60||26.90||28.00||26.50||0.214 times|
|02 Fri Dec 2022||27.90||28.00||28.00||27.90||0.558 times|
|01 Thu Dec 2022||27.45||27.15||28.00||27.10||1.281 times|
|30 Wed Nov 2022||28.15||27.85||28.50||26.35||1.349 times|
|29 Tue Nov 2022||26.95||28.20||28.20||26.60||0.378 times|
|28 Mon Nov 2022||27.00||27.60||28.25||26.85||0.692 times|
|25 Fri Nov 2022||26.80||26.30||27.40||25.60||2.402 times|
|24 Thu Nov 2022||27.10||27.90||27.90||25.65||2.437 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 28.1 as stoploss in an intra day sell trade for a target of 27.46. However, stock will show a bullish move above 28.1.
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||26.3|
|Downside Intraday Target||24.65|
|Upside Intraday Target||29.3|
|Upside Intraday Target||30.65|
|Downside Intraday Target||27.65|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Wed Dec 2022||27.95||26.90||29.00||26.00||0.526 times|
|02 Fri Dec 2022||27.90||27.60||28.50||26.35||0.518 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|
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|
|07 Wed Dec 2022||27.95||27.15||29.00||26.00||0.052 times|
|30 Wed Nov 2022||28.15||24.10||33.00||23.05||14.169 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|
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)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||14, 19, 16||Sell|
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 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 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 SELL. 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.
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. Bulls are getting stronger in this stock.
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 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 27.34 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 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.