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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 4191

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	37.27	38.02	39.50	37.00	0.531 times
28 Thu Sep 2023	37.10	39.99	39.99	35.05	1.178 times
27 Wed Sep 2023	37.00	37.66	37.66	36.78	0.27 times
26 Tue Sep 2023	36.70	37.69	37.69	36.10	0.514 times
25 Mon Sep 2023	37.16	40.40	40.40	36.60	1.538 times
22 Fri Sep 2023	38.86	38.99	39.50	37.12	1.324 times
21 Thu Sep 2023	36.51	37.00	37.85	35.10	1.003 times
20 Wed Sep 2023	38.48	36.60	39.70	34.60	2.071 times
18 Mon Sep 2023	35.60	36.60	37.00	35.36	0.35 times
15 Fri Sep 2023	36.66	38.80	38.80	36.26	1.321 times

My analysis of stock is bullish for shortterm, and stock might move up till 38 or till 39.7. Use a stoploss of 36.64 and if this stock hits its stoploss, then it can fall down till 35.25

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	28.20
Downside Target	29.50
Downside Target	30.60
Downside Target	31.52
Downside Target	33.21
Downside Target	34.60
Upside Target	37.50
Upside Target	39.70
Upside Target	39.98
Upside Target	40.40
Upside Target	42.69
Upside Target	43.89
Upside Target	46.40

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	34.75
Downside Intraday Target	32.22
Upside Intraday Target	40.1
Upside Intraday Target	42.92
Upside Intraday Target	37.57

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	37.27	40.40	40.40	35.05	0.849 times
22 Fri Sep 2023	38.86	36.60	39.70	34.60	0.453 times
15 Fri Sep 2023	36.66	41.80	43.89	36.00	0.782 times
08 Fri Sep 2023	38.83	34.71	39.98	33.25	4.413 times
01 Fri Sep 2023	34.71	33.49	35.13	31.52	0.36 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
29 Fri Sep 2023	37.27	33.50	43.89	33.21	1.102 times
31 Thu Aug 2023	33.65	32.95	37.50	29.50	1.519 times
31 Mon Jul 2023	32.15	35.20	35.60	30.60	0.634 times
30 Fri Jun 2023	34.90	34.90	42.69	32.00	0.589 times

Scroll below to view daily charts

Price has moved up 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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid 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 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 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 and BUY 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

Stock of Sh Steel is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.44 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.