(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 5725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 37.21 | 38.15 | 38.91 | 37.00 | 0.865 times |
| 12 Fri Apr 2024 | 38.15 | 39.00 | 40.40 | 38.15 | 0.126 times |
| 10 Wed Apr 2024 | 38.68 | 39.50 | 39.50 | 38.22 | 0.075 times |
| 09 Tue Apr 2024 | 39.50 | 42.00 | 42.00 | 39.50 | 0.268 times |
| 08 Mon Apr 2024 | 40.35 | 40.35 | 41.79 | 40.35 | 0.418 times |
| 05 Fri Apr 2024 | 40.35 | 41.42 | 41.75 | 39.50 | 0.349 times |
| 04 Thu Apr 2024 | 41.79 | 42.00 | 42.00 | 40.30 | 0.303 times |
| 03 Wed Apr 2024 | 41.01 | 41.65 | 42.49 | 39.66 | 0.82 times |
| 02 Tue Apr 2024 | 41.64 | 37.34 | 43.00 | 37.34 | 7.137 times |
| 01 Mon Apr 2024 | 37.34 | 38.80 | 38.85 | 36.50 | 0.376 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.7 as stoploss in an intra day buy trade for a target of 38.41. However, stock will show a bearish move below 36.7.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| Downside Target | 35.60 |
| Upside Target | 38.15 |
| Upside Target | 39.70 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| 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 | 36.5 |
| Downside Intraday Target | 35.8 |
| Upside Intraday Target | 38.41 |
| Upside Intraday Target | 39.62 |
| Upside Intraday Target | 37.71 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 37.21 | 38.15 | 38.91 | 37.00 | 0.975 times |
| 12 Fri Apr 2024 | 38.15 | 40.35 | 42.00 | 38.15 | 0.099 times |
| 05 Fri Apr 2024 | 40.35 | 38.80 | 43.00 | 36.50 | 5.539 times |
| 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 |
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 |
| 15 Mon Apr 2024 | 37.21 | 38.80 | 43.00 | 36.50 | 0.445 times |
| 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 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.
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 coming down
CCI has generated a SELL signal for Sh Steel in short term and SELL signal is strong!
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 40.88 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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.
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 coming down
CCI has generated a SELL signal for Sh Steel in short term and SELL signal is strong!
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 40.88 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 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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