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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)

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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Daily charts

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