(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 2024-06-14 View latest technical analysis
10 day averaged volume of Sh Steel is 4808
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 40.00 | 39.85 | 40.25 | 39.25 | 1.58 times |
| 13 Thu Jun 2024 | 40.00 | 39.85 | 40.25 | 39.25 | 1.58 times |
| 12 Wed Jun 2024 | 39.21 | 39.25 | 39.91 | 39.00 | 1.173 times |
| 11 Tue Jun 2024 | 38.24 | 39.20 | 39.20 | 37.50 | 0.727 times |
| 10 Mon Jun 2024 | 39.20 | 39.96 | 39.96 | 38.15 | 0.528 times |
| 07 Fri Jun 2024 | 38.99 | 37.60 | 39.25 | 37.60 | 0.189 times |
| 06 Thu Jun 2024 | 37.25 | 37.99 | 37.99 | 36.55 | 1.865 times |
| 05 Wed Jun 2024 | 37.06 | 37.83 | 38.90 | 36.10 | 1.683 times |
| 04 Tue Jun 2024 | 36.90 | 39.40 | 40.40 | 36.81 | 0.76 times |
| 03 Mon Jun 2024 | 38.81 | 40.90 | 41.01 | 38.50 | 0.448 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 40.3 as stoploss in an intra day sell trade for a target of 39.14. However, stock will show a bullish move above 40.3.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.26 |
| Downside Target | 36.00 |
| Downside Target | 37.01 |
| Upside Target | 40.25 |
| Upside Target | 41.01 |
| Upside Target | 42.00 |
| Upside Target | 42.10 |
| Upside Target | 43.00 |
| Upside Target | 43.20 |
| Upside Target | 44.65 |
| Upside Target | 47.99 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 38.25 |
| Downside Intraday Target | 36.5 |
| Upside Intraday Target | 41 |
| Upside Intraday Target | 42 |
| Downside Intraday Target | 39.25 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 40.00 | 39.96 | 40.25 | 37.50 | 1.13 times |
| 07 Fri Jun 2024 | 38.99 | 40.90 | 41.01 | 36.10 | 1.285 times |
| 31 Fri May 2024 | 39.23 | 40.00 | 42.00 | 37.01 | 0.787 times |
| 24 Fri May 2024 | 39.94 | 40.34 | 42.10 | 38.00 | 0.434 times |
| 18 Sat May 2024 | 39.55 | 39.26 | 44.65 | 37.20 | 0.186 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 |
| 14 Fri Jun 2024 | 40.00 | 40.90 | 41.01 | 36.10 | 0.129 times |
| 31 Fri May 2024 | 39.23 | 39.80 | 50.80 | 37.01 | 4.725 times |
| 30 Tue Apr 2024 | 39.80 | 38.80 | 43.00 | 36.00 | 0.602 times |
| 28 Thu Mar 2024 | 37.97 | 39.70 | 47.99 | 34.26 | 1.3 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term
RSI is generating a BUY signal in short term but buying 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 38.5 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 is giving positive 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term
RSI is generating a BUY signal in short term but buying 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 38.5 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 is giving positive 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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