(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 2023-01-23 View latest technical analysis
10 day averaged volume of Sh Steel is 1551
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Mon Jan 2023||28.50||28.00||28.50||28.00||1.417 times|
|20 Fri Jan 2023||28.30||27.35||29.70||27.35||2.286 times|
|19 Thu Jan 2023||29.25||28.00||29.25||28.00||1.335 times|
|18 Wed Jan 2023||27.80||28.00||28.90||27.20||0.427 times|
|17 Tue Jan 2023||28.95||30.25||30.25||26.75||1.58 times|
|16 Mon Jan 2023||27.90||27.40||28.50||26.75||0.383 times|
|13 Fri Jan 2023||28.25||28.50||28.50||28.00||0.384 times|
|12 Thu Jan 2023||27.60||27.40||30.40||27.10||1.228 times|
|11 Wed Jan 2023||28.05||28.50||32.00||26.75||0.949 times|
|10 Tue Jan 2023||26.85||28.70||28.70||26.35||1.13 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.4, but if it comes below 28.4, then a intra day sell could be more profitable.
If you take a sell trade below 28.4, then use 28.4 as stoploss and 27.73 as target. However if you take a buy trade in stock , then use 28.4 as stoploss and 29.3 as target.
Share price targets for Sh Steel (ShSteel)
Intraday share price targets for Sh Steel (ShSteel)
|Downside Intraday Target||28.17|
|Downside Intraday Target||27.83|
|Upside Intraday Target||28.67|
|Upside Intraday Target||28.83|
|Downside Intraday Target||28.33|
Weekly technical analysis of Sh Steel (ShSteel)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Mon Jan 2023||28.50||28.00||28.50||28.00||0.236 times|
|20 Fri Jan 2023||28.30||27.40||30.25||26.75||1.507 times|
|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|
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|
|23 Mon Jan 2023||28.50||26.00||32.00||26.00||0.643 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||22, 11, 33||Buy|
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 negative zone. This is the SELL 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 28.25 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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