(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)
10 day averaged volume of Sh Steel is 4014
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 41.89 | 42.37 | 42.37 | 41.83 | 0.159 times |
| 10 Tue Dec 2024 | 41.86 | 40.80 | 42.50 | 40.01 | 0.89 times |
| 09 Mon Dec 2024 | 40.00 | 39.35 | 40.69 | 39.35 | 0.504 times |
| 06 Fri Dec 2024 | 40.30 | 44.30 | 44.30 | 40.16 | 1.743 times |
| 05 Thu Dec 2024 | 40.83 | 40.15 | 42.50 | 40.00 | 3.538 times |
| 04 Wed Dec 2024 | 41.10 | 41.00 | 41.39 | 40.00 | 0.141 times |
| 03 Tue Dec 2024 | 40.65 | 43.98 | 43.98 | 39.56 | 0.994 times |
| 02 Mon Dec 2024 | 39.97 | 42.44 | 42.44 | 39.50 | 1.177 times |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 41.50 | 39.80 | 0.392 times |
| 28 Thu Nov 2024 | 40.65 | 42.00 | 42.00 | 40.50 | 0.311 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.8, but if it comes below 41.8, then a intra day sell could be more profitable.
If you take a sell trade below 41.8, then use 41.8 as stoploss and 40.97 as target. However if you take a buy trade in stock , then use 41.8 as stoploss and 42.8 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 36.66 |
| Downside Target | 38.00 |
| Downside Target | 39.35 |
| Downside Target | 40.89 |
| Upside Target | 42.50 |
| Upside Target | 43.80 |
| Upside Target | 44.30 |
| Upside Target | 44.70 |
| Upside Target | 44.85 |
| Upside Target | 45.84 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 39.99 |
| Downside Intraday Target | 38.1 |
| Upside Intraday Target | 43.14 |
| Upside Intraday Target | 44.4 |
| Downside Intraday Target | 41.25 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Wed Dec 2024 | 41.89 | 39.35 | 42.50 | 39.35 | 0.205 times |
| 06 Fri Dec 2024 | 40.30 | 42.44 | 44.30 | 39.50 | 3.774 times |
| 29 Fri Nov 2024 | 40.97 | 38.00 | 43.80 | 38.00 | 0.533 times |
| 22 Fri Nov 2024 | 41.00 | 41.54 | 45.84 | 38.25 | 0.612 times |
| 14 Thu Nov 2024 | 42.39 | 40.48 | 44.85 | 38.40 | 1.342 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 |
| 11 Wed Dec 2024 | 41.89 | 42.44 | 44.30 | 39.35 | 0.545 times |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 45.84 | 38.00 | 0.759 times |
| 31 Thu Oct 2024 | 40.84 | 43.00 | 44.70 | 36.66 | 1.23 times |
| 30 Mon Sep 2024 | 41.69 | 38.25 | 44.70 | 35.00 | 0.935 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 neutral. A longer time frame might give a better analysis.
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 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 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 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 SELL signal in short term and selling is picking up 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 40.69 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 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.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 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 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 SELL signal in short term and selling is picking up 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 40.69 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 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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