(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 2023-01-13 View latest technical analysis
10 day averaged volume of Sh Steel is 2089
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Jan 2023 | 28.25 | 28.50 | 28.50 | 28.00 | 0.285 times |
| 12 Thu Jan 2023 | 27.60 | 27.40 | 30.40 | 27.10 | 0.911 times |
| 11 Wed Jan 2023 | 28.05 | 28.50 | 32.00 | 26.75 | 0.705 times |
| 10 Tue Jan 2023 | 26.85 | 28.70 | 28.70 | 26.35 | 0.839 times |
| 09 Mon Jan 2023 | 27.45 | 27.00 | 27.50 | 26.10 | 0.222 times |
| 06 Fri Jan 2023 | 27.00 | 28.30 | 28.30 | 26.95 | 0.604 times |
| 05 Thu Jan 2023 | 27.00 | 27.00 | 28.00 | 27.00 | 0.212 times |
| 04 Wed Jan 2023 | 27.10 | 27.35 | 28.00 | 26.55 | 1.371 times |
| 03 Tue Jan 2023 | 28.40 | 27.95 | 31.40 | 26.35 | 2.79 times |
| 02 Mon Jan 2023 | 26.95 | 26.00 | 28.00 | 26.00 | 1.475 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.9, but if it comes below 27.9, then a intra day sell could be more profitable.
If you take a sell trade below 27.9, then use 27.9 as stoploss and 27.22 as target. However if you take a buy trade in stock , then use 27.9 as stoploss and 28.7 as target.
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 | 28.90 |
| Upside Target | 29.00 |
| Upside Target | 31.40 |
| Upside Target | 32.00 |
| Upside Target | 33.00 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 25.57 |
| Downside Intraday Target | 22.88 |
| Upside Intraday Target | 31.47 |
| Upside Intraday Target | 34.68 |
| Upside Intraday Target | 28.78 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Jan 2023 | 28.25 | 27.00 | 32.00 | 26.10 | 0.459 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 |
| 13 Fri Jan 2023 | 28.25 | 26.00 | 32.00 | 26.00 | 0.405 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 | 14.169 times |
| 31 Mon Oct 2022 | 23.80 | 24.25 | 25.50 | 20.10 | 0.204 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 8, 53 | Buy |
| MACD | 0, 0 | Buy |
| Stochastics | 33 | None |
| CCI | 51 | Sell |
| RSI | 55 | Buy |
| OBV | 434 | Sell |
| VWAP | 28 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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 short 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 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 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.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Sh Steel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 27.59 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 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 is giving positive 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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