(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 2024-07-19 View latest technical analysis
10 day averaged volume of Sh Steel is 3154
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 38.32 | 38.00 | 39.45 | 38.00 | 0.158 times |
| 18 Thu Jul 2024 | 38.47 | 39.47 | 39.65 | 38.00 | 0.208 times |
| 16 Tue Jul 2024 | 38.70 | 38.99 | 39.00 | 38.45 | 0.202 times |
| 15 Mon Jul 2024 | 38.93 | 39.82 | 39.82 | 36.00 | 1.144 times |
| 12 Fri Jul 2024 | 39.04 | 39.03 | 39.90 | 38.75 | 0.93 times |
| 11 Thu Jul 2024 | 39.03 | 40.60 | 40.60 | 38.00 | 3.78 times |
| 10 Wed Jul 2024 | 39.13 | 41.50 | 41.50 | 39.11 | 0.537 times |
| 09 Tue Jul 2024 | 39.88 | 39.58 | 40.00 | 38.65 | 1.221 times |
| 08 Mon Jul 2024 | 39.58 | 39.05 | 39.60 | 38.50 | 0.283 times |
| 05 Fri Jul 2024 | 39.77 | 39.90 | 40.00 | 38.41 | 1.27 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 38.1, for a target of 38.7 or 39.13
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.26 |
| Downside Target | 36.00 |
| Downside Target | 37.01 |
| Downside Target | 38.00 |
| Upside Target | 39.82 |
| Upside Target | 41.39 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 47.99 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 36.27 |
| Downside Intraday Target | 34.23 |
| Upside Intraday Target | 40.09 |
| Upside Intraday Target | 41.87 |
| Downside Intraday Target | 38.05 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jul 2024 | 38.32 | 39.82 | 39.82 | 36.00 | 0.254 times |
| 12 Fri Jul 2024 | 39.04 | 39.05 | 41.50 | 38.00 | 1.667 times |
| 05 Fri Jul 2024 | 39.77 | 38.15 | 40.49 | 38.15 | 0.636 times |
| 28 Fri Jun 2024 | 38.93 | 39.31 | 41.39 | 38.00 | 1.5 times |
| 21 Fri Jun 2024 | 39.15 | 38.01 | 42.00 | 38.01 | 0.498 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 |
| 19 Fri Jul 2024 | 38.32 | 38.15 | 41.50 | 36.00 | 0.469 times |
| 28 Fri Jun 2024 | 38.93 | 40.90 | 42.00 | 36.10 | 0.214 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 |
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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell 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 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 BUY signal in short term and the buying is gaining 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 39.21 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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell 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 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 BUY signal in short term and the buying is gaining 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 39.21 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.
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