(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 2024-10-25 View latest technical analysis
10 day averaged volume of Sh Steel is 2902
Date | Daily Closing Price | Open | High | Low | Volume |
25 Fri Oct 2024 | 38.69 | 38.91 | 39.80 | 37.75 | 0.284 times |
24 Thu Oct 2024 | 38.91 | 38.00 | 40.82 | 37.60 | 0.32 times |
23 Wed Oct 2024 | 38.56 | 38.00 | 39.76 | 38.00 | 0.826 times |
22 Tue Oct 2024 | 38.50 | 39.06 | 39.89 | 38.50 | 1.185 times |
21 Mon Oct 2024 | 39.15 | 39.60 | 40.80 | 39.01 | 1.027 times |
18 Fri Oct 2024 | 39.60 | 40.94 | 40.94 | 38.31 | 0.692 times |
17 Thu Oct 2024 | 39.01 | 40.26 | 41.76 | 38.78 | 1.617 times |
16 Wed Oct 2024 | 41.00 | 42.50 | 42.50 | 41.00 | 0.024 times |
15 Tue Oct 2024 | 41.40 | 42.45 | 42.45 | 40.30 | 0.761 times |
14 Mon Oct 2024 | 40.85 | 40.29 | 42.50 | 38.60 | 2.792 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 38.4 as stoploss in an intra day buy trade for a target of 39.56. However, stock will show a bearish move below 38.4.
Share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Target | 34.20 |
Downside Target | 35.00 |
Downside Target | 36.00 |
Downside Target | 37.60 |
Upside Target | 40.40 |
Upside Target | 41.50 |
Upside Target | 42.00 |
Upside Target | 42.50 |
Upside Target | 44.70 |
Intraday share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Intraday Target | 37.25 |
Downside Intraday Target | 35.82 |
Upside Intraday Target | 40.47 |
Upside Intraday Target | 42.26 |
Upside Intraday Target | 39.04 |
Weekly technical analysis of Sh Steel (ShSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
25 Fri Oct 2024 | 38.69 | 39.60 | 40.82 | 37.60 | 0.619 times |
18 Fri Oct 2024 | 39.60 | 40.29 | 42.50 | 38.31 | 1.858 times |
11 Fri Oct 2024 | 39.80 | 40.10 | 42.00 | 36.66 | 0.16 times |
03 Thu Oct 2024 | 40.69 | 39.49 | 44.70 | 38.04 | 4.824 times |
27 Fri Sep 2024 | 37.77 | 36.35 | 40.40 | 36.35 | 0.759 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 |
25 Fri Oct 2024 | 38.69 | 43.00 | 44.70 | 36.66 | 1.034 times |
30 Mon Sep 2024 | 41.69 | 38.25 | 44.70 | 35.00 | 0.935 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 |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 39.69 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.
Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 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 39.69 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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