Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-05 View latest technical analysis

10 day averaged volume of Sh Steel is 5114

Date Daily Closing Price Open High Low Volume
05 Tue Sep 2023 34.84 35.00 35.00 33.60 0.663 times
04 Mon Sep 2023 34.77 34.71 35.05 33.60 0.627 times
01 Fri Sep 2023 34.71 33.50 34.90 33.21 0.609 times
31 Thu Aug 2023 33.65 33.55 35.13 32.60 0.642 times
30 Wed Aug 2023 34.20 34.22 34.22 33.40 0.023 times
29 Tue Aug 2023 34.22 31.70 34.45 31.52 0.597 times
28 Mon Aug 2023 33.72 33.49 34.25 32.81 0.615 times
25 Fri Aug 2023 32.72 33.03 33.85 32.12 0.534 times
24 Thu Aug 2023 32.77 33.90 34.50 32.45 1.358 times
23 Wed Aug 2023 33.20 35.30 35.90 32.01 4.478 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 35.3 as stoploss in an intra day sell trade for a target of 34.17. However, stock will show a bullish move above 35.3.

Share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Target 28.20
Downside Target 29.50
Downside Target 30.60
Downside Target 31.52
Downside Target 32.80
Upside Target 34.99
Upside Target 35.13
Upside Target 35.60
Upside Target 35.90
Upside Target 37.50
Upside Target 42.69
Upside Target 46.40

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 33.94
Downside Intraday Target 33.05
Upside Intraday Target 35.39
Upside Intraday Target 35.95
Downside Intraday Target 34.5

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
05 Tue Sep 2023 34.84 34.71 35.05 33.60 0.519 times
01 Fri Sep 2023 34.71 33.49 35.13 31.52 0.36 times
25 Fri Aug 2023 32.72 34.50 35.90 32.01 1.354 times
18 Fri Aug 2023 33.97 30.00 34.99 29.50 1.102 times
11 Fri Aug 2023 33.98 37.40 37.50 32.80 0.676 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
05 Tue Sep 2023 34.84 33.50 35.05 33.21 0.076 times
31 Thu Aug 2023 33.65 32.95 37.50 29.50 1.519 times
31 Mon Jul 2023 32.15 35.20 35.60 30.60 0.634 times
30 Fri Jun 2023 34.90 34.90 42.69 32.00 0.589 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Steel in short term and BUY 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

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 33.53 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Steel in short term and BUY 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

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 33.53 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 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.

Click here for Sh Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme