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(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 2023-09-25 View latest technical analysis

10 day averaged volume of Sh Steel is 11132

Date Daily Closing Price Open High Low Volume
25 Mon Sep 2023 37.16 40.40 40.40 36.60 0.579 times
22 Fri Sep 2023 38.86 38.99 39.50 37.12 0.498 times
21 Thu Sep 2023 36.51 37.00 37.85 35.10 0.378 times
20 Wed Sep 2023 38.48 36.60 39.70 34.60 0.78 times
18 Mon Sep 2023 35.60 36.60 37.00 35.36 0.132 times
15 Fri Sep 2023 36.66 38.80 38.80 36.26 0.497 times
14 Thu Sep 2023 37.10 39.00 39.00 36.40 0.163 times
13 Wed Sep 2023 37.48 38.00 38.00 36.40 0.227 times
12 Tue Sep 2023 38.14 37.80 38.70 36.10 1.13 times
11 Mon Sep 2023 36.62 41.80 43.89 36.00 1.925 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 37.8 as stoploss in an intra day sell trade for a target of 36.03. However, stock will show a bullish move above 37.8.

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 33.21
Downside Target 34.60
Upside Target 37.50
Upside Target 39.70
Upside Target 39.98
Upside Target 40.40
Upside Target 42.69
Upside Target 43.89
Upside Target 46.40

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 35.71
Downside Intraday Target 34.25
Upside Intraday Target 39.51
Upside Intraday Target 41.85
Upside Intraday Target 38.05

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
25 Mon Sep 2023 37.16 40.40 40.40 36.60 0.324 times
22 Fri Sep 2023 38.86 36.60 39.70 34.60 0.453 times
15 Fri Sep 2023 36.66 41.80 43.89 36.00 0.782 times
08 Fri Sep 2023 38.83 34.71 39.98 33.25 4.413 times
01 Fri Sep 2023 34.71 33.49 35.13 31.52 0.36 times

Price has moved down 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
25 Mon Sep 2023 37.16 33.50 43.89 33.21 1.02 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.

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 getting stronger in this stock.

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 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 37.37 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.

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 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 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 gaining momentum.

MACD generated a BUY signal for Sh Steel in short term and the buy signal is strong.

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 getting stronger in this stock.

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 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 37.37 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.

Click here for Sh Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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