(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 7734
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 37.97 | 37.50 | 38.00 | 37.50 | 0.094 times |
27 Wed Mar 2024 | 36.81 | 35.60 | 38.95 | 35.60 | 0.227 times |
26 Tue Mar 2024 | 38.00 | 39.70 | 39.70 | 37.01 | 0.88 times |
22 Fri Mar 2024 | 38.00 | 38.00 | 38.25 | 37.50 | 0.119 times |
21 Thu Mar 2024 | 37.70 | 36.50 | 38.00 | 36.50 | 0.186 times |
20 Wed Mar 2024 | 36.27 | 37.00 | 37.05 | 36.19 | 0.175 times |
19 Tue Mar 2024 | 36.55 | 39.79 | 39.79 | 36.50 | 0.214 times |
18 Mon Mar 2024 | 36.73 | 37.95 | 39.97 | 36.10 | 1.153 times |
15 Fri Mar 2024 | 36.52 | 38.68 | 38.68 | 35.66 | 0.809 times |
14 Thu Mar 2024 | 37.71 | 38.17 | 39.94 | 34.26 | 1.147 times |
My analysis of stock is bullish for shortterm, and stock might move up till 39.3 or till 40.9. Use a stoploss of 37.94 and if this stock hits its stoploss, then it can fall down till 36.59
Share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Target | 32.10 |
Downside Target | 32.81 |
Downside Target | 34.26 |
Downside Target | 35.60 |
Upside Target | 39.00 |
Upside Target | 40.70 |
Upside Target | 41.00 |
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 | 35.81 |
Downside Intraday Target | 33.66 |
Upside Intraday Target | 39.91 |
Upside Intraday Target | 41.86 |
Downside Intraday Target | 37.76 |
Weekly technical analysis of Sh Steel (ShSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
15 Fri Mar 2024 | 36.52 | 38.80 | 47.99 | 34.26 | 14.362 times |
07 Thu Mar 2024 | 38.00 | 40.20 | 40.70 | 37.05 | 0.885 times |
01 Fri Mar 2024 | 38.83 | 39.00 | 41.00 | 37.50 | 0.577 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 |
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 |
29 Fri Dec 2023 | 36.90 | 35.05 | 48.04 | 32.81 | 7.586 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 37.21 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 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 37.21 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 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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