(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 2024-03-15 View latest technical analysis
10 day averaged volume of Sh Steel is 10925
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 36.52 | 38.68 | 38.68 | 35.66 | 0.573 times |
| 14 Thu Mar 2024 | 37.71 | 38.17 | 39.94 | 34.26 | 0.812 times |
| 13 Wed Mar 2024 | 38.16 | 44.00 | 47.99 | 37.50 | 3.603 times |
| 12 Tue Mar 2024 | 42.53 | 39.90 | 44.50 | 39.76 | 4.729 times |
| 11 Mon Mar 2024 | 37.42 | 38.80 | 38.80 | 36.76 | 0.042 times |
| 07 Thu Mar 2024 | 38.00 | 38.90 | 38.90 | 37.80 | 0.236 times |
| 06 Wed Mar 2024 | 37.30 | 38.60 | 38.80 | 37.16 | 0.122 times |
| 05 Tue Mar 2024 | 37.52 | 40.70 | 40.70 | 37.05 | 0.279 times |
| 04 Mon Mar 2024 | 39.00 | 40.20 | 40.20 | 38.99 | 0.042 times |
| 01 Fri Mar 2024 | 38.83 | 39.70 | 39.70 | 38.11 | 0.061 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.4, but if it comes above 37.4, then a intra day buy could be more profitable.
If you take a sell trade below 37.4, then use 37.4 as stoploss and 35.9 as target. However if you take a buy trade in stock , then use 37.4 as stoploss and 38.66 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.10 |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| Downside Target | 36.45 |
| Upside Target | 39.00 |
| Upside Target | 40.70 |
| Upside Target | 41.00 |
| Upside Target | 42.45 |
| Upside Target | 43.20 |
| Upside Target | 47.70 |
| Upside Target | 47.99 |
| Upside Target | 48.04 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 31.19 |
| Downside Intraday Target | 25.86 |
| Upside Intraday Target | 44.92 |
| Upside Intraday Target | 53.32 |
| Upside Intraday Target | 39.59 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Mar 2024 | 36.52 | 38.80 | 47.99 | 34.26 | 14.362 times |
| 07 Thu Mar 2024 | 38.00 | 40.20 | 40.70 | 37.05 | 0.885 times |
| 01 Fri Mar 2024 | 38.83 | 39.00 | 41.00 | 37.50 | 0.577 times |
| 23 Fri Feb 2024 | 38.52 | 39.10 | 41.00 | 37.30 | 0.372 times |
| 16 Fri Feb 2024 | 40.26 | 42.45 | 42.45 | 38.10 | 0.948 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 |
| 15 Fri Mar 2024 | 36.52 | 39.70 | 47.99 | 34.26 | 1.078 times |
| 29 Thu Feb 2024 | 38.11 | 41.00 | 43.20 | 37.30 | 0.392 times |
| 31 Wed Jan 2024 | 39.50 | 37.40 | 47.70 | 36.45 | 0.527 times |
| 29 Fri Dec 2023 | 36.90 | 35.05 | 48.04 | 32.81 | 7.586 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term and SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sh Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.98 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 negative.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term and SELL 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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sh Steel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 39.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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