(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 2023-01-09 View latest technical analysis
10 day averaged volume of Sh Steel is 1948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Jan 2023 | 27.45 | 27.00 | 27.50 | 26.10 | 0.238 times |
| 06 Fri Jan 2023 | 27.00 | 28.30 | 28.30 | 26.95 | 0.648 times |
| 05 Thu Jan 2023 | 27.00 | 27.00 | 28.00 | 27.00 | 0.227 times |
| 04 Wed Jan 2023 | 27.10 | 27.35 | 28.00 | 26.55 | 1.471 times |
| 03 Tue Jan 2023 | 28.40 | 27.95 | 31.40 | 26.35 | 2.992 times |
| 02 Mon Jan 2023 | 26.95 | 26.00 | 28.00 | 26.00 | 1.582 times |
| 30 Fri Dec 2022 | 27.15 | 26.75 | 28.00 | 26.75 | 0.935 times |
| 29 Thu Dec 2022 | 28.00 | 28.00 | 28.00 | 27.00 | 0.019 times |
| 28 Wed Dec 2022 | 27.25 | 26.80 | 28.50 | 26.80 | 0.226 times |
| 27 Tue Dec 2022 | 26.85 | 26.30 | 28.00 | 26.30 | 1.596 times |
My analysis of stock is bullish for shortterm, and stock might move up till 27.8 or till 28.5. Use a stoploss of 27.16 and if this stock hits its stoploss, then it can fall down till 26.54
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 20.10 |
| Downside Target | 22.25 |
| Downside Target | 23.05 |
| Downside Target | 24.00 |
| Downside Target | 25.50 |
| Upside Target | 27.50 |
| Upside Target | 28.50 |
| Upside Target | 28.90 |
| Upside Target | 29.00 |
| Upside Target | 31.40 |
| Upside Target | 33.00 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 26.53 |
| Downside Intraday Target | 25.62 |
| Upside Intraday Target | 27.93 |
| Upside Intraday Target | 28.42 |
| Downside Intraday Target | 27.02 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Jan 2023 | 27.45 | 27.00 | 27.50 | 26.10 | 0.034 times |
| 06 Fri Jan 2023 | 27.00 | 26.00 | 31.40 | 26.00 | 2.246 times |
| 30 Fri Dec 2022 | 27.15 | 28.50 | 28.50 | 26.25 | 0.343 times |
| 23 Fri Dec 2022 | 27.20 | 27.20 | 29.00 | 24.00 | 4.256 times |
| 16 Fri Dec 2022 | 27.00 | 28.00 | 28.70 | 26.05 | 0.288 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 |
| 09 Mon Jan 2023 | 27.45 | 26.00 | 31.40 | 26.00 | 0.287 times |
| 30 Fri Dec 2022 | 27.15 | 27.15 | 29.00 | 24.00 | 0.172 times |
| 30 Wed Nov 2022 | 28.15 | 24.10 | 33.00 | 23.05 | 14.013 times |
| 31 Mon Oct 2022 | 23.80 | 24.25 | 25.50 | 20.10 | 0.206 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is BUY. 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 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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 27.44 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is BUY. 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 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 moving up
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 27.44 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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