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)

10 day averaged volume of Sh Steel is 3227

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	40.30	44.30	44.30	40.16	2.168 times
05 Thu Dec 2024	40.83	40.15	42.50	40.00	4.401 times
04 Wed Dec 2024	41.10	41.00	41.39	40.00	0.175 times
03 Tue Dec 2024	40.65	43.98	43.98	39.56	1.236 times
02 Mon Dec 2024	39.97	42.44	42.44	39.50	1.465 times
29 Fri Nov 2024	40.97	41.50	41.50	39.80	0.488 times
28 Thu Nov 2024	40.65	42.00	42.00	40.50	0.387 times
27 Wed Nov 2024	41.85	43.80	43.80	40.05	0.385 times
26 Tue Nov 2024	40.89	42.99	42.99	40.05	0.671 times
25 Mon Nov 2024	41.59	38.00	42.97	38.00	0.572 times

Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.2 as stoploss in an intra day buy trade for a target of 41.1. However, stock will show a bearish move below 40.2.

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	39.50
Upside Target	40.89
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	38.43
Downside Intraday Target	36.57
Upside Intraday Target	43.23
Upside Intraday Target	46.17
Upside Intraday Target	41.37

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
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
08 Fri Nov 2024	41.31	41.99	44.00	39.51	1.233 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sh Steel (ShSteel)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	40.30	42.44	44.30	39.50	0.453 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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 coming down

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 but selling 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 40.69 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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.