(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 1872
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 38.45 | 38.25 | 38.45 | 38.25 | 0.034 times |
| 22 Mon Apr 2024 | 38.17 | 36.00 | 38.25 | 36.00 | 2.347 times |
| 19 Fri Apr 2024 | 38.84 | 38.20 | 39.00 | 38.05 | 0.288 times |
| 18 Thu Apr 2024 | 37.54 | 38.04 | 38.80 | 36.85 | 0.635 times |
| 16 Tue Apr 2024 | 37.29 | 36.50 | 37.90 | 36.50 | 0.304 times |
| 15 Mon Apr 2024 | 37.21 | 38.15 | 38.91 | 37.00 | 2.644 times |
| 12 Fri Apr 2024 | 38.15 | 39.00 | 40.40 | 38.15 | 0.386 times |
| 10 Wed Apr 2024 | 38.68 | 39.50 | 39.50 | 38.22 | 0.229 times |
| 09 Tue Apr 2024 | 39.50 | 42.00 | 42.00 | 39.50 | 0.818 times |
| 08 Mon Apr 2024 | 40.35 | 40.35 | 41.79 | 40.35 | 1.279 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.3 or till 35.5. Use a stoploss of 38.74 and if the stock hits stoploss, then it can shoot up till 40.22
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| Downside Target | 35.60 |
| Downside Target | 37.30 |
| Downside Target | 38.15 |
| 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 | 36.82 |
| Downside Intraday Target | 35.18 |
| Upside Intraday Target | 39.27 |
| Upside Intraday Target | 40.08 |
| Downside Intraday Target | 37.63 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Apr 2024 | 38.45 | 36.00 | 38.45 | 36.00 | 0.615 times |
| 19 Fri Apr 2024 | 38.84 | 38.15 | 39.00 | 36.50 | 1.427 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 |
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 |
| 23 Tue Apr 2024 | 38.45 | 38.80 | 43.00 | 36.00 | 0.493 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 and the sell signal is strong.
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 in or above the red 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 38.28 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 positive
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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 and the sell signal is strong.
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 in or above the red 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 38.28 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 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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