(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 2024-09-20 View latest technical analysis
10 day averaged volume of Sh Steel is 2836
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 38.27 | 38.45 | 39.00 | 38.05 | 0.981 times |
| 19 Thu Sep 2024 | 37.68 | 37.40 | 40.00 | 37.06 | 0.772 times |
| 18 Wed Sep 2024 | 38.16 | 39.44 | 39.44 | 37.60 | 0.415 times |
| 17 Tue Sep 2024 | 39.45 | 39.96 | 39.96 | 38.60 | 0.247 times |
| 16 Mon Sep 2024 | 39.25 | 37.44 | 43.48 | 37.44 | 3.107 times |
| 13 Fri Sep 2024 | 38.42 | 37.00 | 38.45 | 37.00 | 0.773 times |
| 12 Thu Sep 2024 | 38.41 | 38.70 | 38.70 | 37.50 | 1.476 times |
| 11 Wed Sep 2024 | 38.08 | 37.19 | 38.94 | 37.19 | 1.696 times |
| 10 Tue Sep 2024 | 37.17 | 38.05 | 38.50 | 37.00 | 0.098 times |
| 09 Mon Sep 2024 | 37.95 | 38.94 | 38.94 | 37.21 | 0.807 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.6 or till 36.8. Use a stoploss of 38.29 and if the stock hits stoploss, then it can shoot up till 38.95
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 37.00 |
| Upside Target | 38.94 |
| Upside Target | 40.28 |
| Upside Target | 40.89 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 43.48 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 35.73 |
| Downside Intraday Target | 33.18 |
| Upside Intraday Target | 42.15 |
| Upside Intraday Target | 46.02 |
| Upside Intraday Target | 39.6 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 38.27 | 37.44 | 43.48 | 37.06 | 1.138 times |
| 13 Fri Sep 2024 | 38.42 | 38.94 | 38.94 | 37.00 | 1.235 times |
| 06 Fri Sep 2024 | 38.64 | 38.25 | 39.54 | 35.00 | 0.918 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 |
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 |
| 20 Fri Sep 2024 | 38.27 | 38.25 | 43.48 | 35.00 | 0.526 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term and BUY 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 38.51 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term and BUY 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 38.51 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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