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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 2023-01-10 View latest technical analysis

10 day averaged volume of Sh Steel is 1935

Date Daily Closing Price Open High Low Volume
10 Tue Jan 2023 26.85 28.70 28.70 26.35 0.905 times
09 Mon Jan 2023 27.45 27.00 27.50 26.10 0.239 times
06 Fri Jan 2023 27.00 28.30 28.30 26.95 0.652 times
05 Thu Jan 2023 27.00 27.00 28.00 27.00 0.229 times
04 Wed Jan 2023 27.10 27.35 28.00 26.55 1.481 times
03 Tue Jan 2023 28.40 27.95 31.40 26.35 3.012 times
02 Mon Jan 2023 26.95 26.00 28.00 26.00 1.592 times
30 Fri Dec 2022 27.15 26.75 28.00 26.75 0.942 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 0.228 times

My analysis of stock is bearish for shortterm, and stock might move down till 26.5 or till 25.8. Use a stoploss of 27.13 and if the stock hits stoploss, then it can shoot up till 27.75

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 28.50
Upside Target 28.70
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 25.73
Downside Intraday Target 24.62
Upside Intraday Target 28.33
Upside Intraday Target 29.82
Upside Intraday Target 27.22

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
10 Tue Jan 2023 26.85 27.00 28.70 26.10 0.164 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 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
10 Tue Jan 2023 26.85 26.00 31.40 26.00 0.324 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 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 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 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 to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.

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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 27.48 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 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 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 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 to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.

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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 27.48 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 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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Daily charts

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