(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 2024-09-04 View latest technical analysis
10 day averaged volume of Sh Steel is 2210
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 37.45 | 38.00 | 38.94 | 36.99 | 1.208 times |
| 03 Tue Sep 2024 | 37.00 | 39.00 | 39.00 | 35.00 | 1.793 times |
| 02 Mon Sep 2024 | 38.97 | 38.25 | 39.00 | 38.25 | 0.289 times |
| 30 Fri Aug 2024 | 37.72 | 38.56 | 39.48 | 37.68 | 2.797 times |
| 29 Thu Aug 2024 | 38.56 | 40.50 | 40.50 | 38.53 | 0.605 times |
| 28 Wed Aug 2024 | 39.01 | 40.60 | 40.60 | 37.61 | 1.418 times |
| 27 Tue Aug 2024 | 38.95 | 38.66 | 40.89 | 37.52 | 0.074 times |
| 26 Mon Aug 2024 | 38.66 | 38.50 | 39.70 | 37.52 | 0.594 times |
| 23 Fri Aug 2024 | 38.55 | 38.56 | 38.56 | 37.75 | 1.002 times |
| 22 Thu Aug 2024 | 38.56 | 37.68 | 40.28 | 37.68 | 0.996 times |
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 37.1 as stoploss in an intra day buy trade for a target of 37.95. However, stock will show a bearish move below 37.1.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 37.01 |
| Upside Target | 38.99 |
| Upside Target | 39.00 |
| Upside Target | 39.30 |
| Upside Target | 40.28 |
| Upside Target | 40.89 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 35.3 |
| Downside Intraday Target | 33.15 |
| Upside Intraday Target | 39.3 |
| Upside Intraday Target | 41.15 |
| Downside Intraday Target | 37.15 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Sep 2024 | 37.45 | 38.25 | 39.00 | 35.00 | 0.6 times |
| 30 Fri Aug 2024 | 37.72 | 38.50 | 40.89 | 37.52 | 0.613 times |
| 23 Fri Aug 2024 | 38.55 | 36.86 | 40.28 | 35.60 | 1.471 times |
| 16 Fri Aug 2024 | 36.14 | 38.99 | 38.99 | 36.00 | 0.683 times |
| 09 Fri Aug 2024 | 38.45 | 37.95 | 39.30 | 34.20 | 0.525 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 |
| 04 Wed Sep 2024 | 37.45 | 38.25 | 39.00 | 35.00 | 0.094 times |
| 30 Fri Aug 2024 | 37.72 | 37.52 | 40.89 | 34.20 | 1.028 times |
| 31 Wed Jul 2024 | 37.29 | 38.15 | 41.50 | 36.00 | 0.891 times |
| 28 Fri Jun 2024 | 38.93 | 40.90 | 42.00 | 36.10 | 0.214 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 38.04 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 38.04 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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