(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 2024-10-28 View latest technical analysis
10 day averaged volume of Sh Steel is 2765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 38.79 | 39.50 | 39.50 | 38.10 | 0.184 times |
| 25 Fri Oct 2024 | 38.69 | 38.91 | 39.80 | 37.75 | 0.298 times |
| 24 Thu Oct 2024 | 38.91 | 38.00 | 40.82 | 37.60 | 0.336 times |
| 23 Wed Oct 2024 | 38.56 | 38.00 | 39.76 | 38.00 | 0.867 times |
| 22 Tue Oct 2024 | 38.50 | 39.06 | 39.89 | 38.50 | 1.243 times |
| 21 Mon Oct 2024 | 39.15 | 39.60 | 40.80 | 39.01 | 1.078 times |
| 18 Fri Oct 2024 | 39.60 | 40.94 | 40.94 | 38.31 | 0.726 times |
| 17 Thu Oct 2024 | 39.01 | 40.26 | 41.76 | 38.78 | 1.697 times |
| 16 Wed Oct 2024 | 41.00 | 42.50 | 42.50 | 41.00 | 0.025 times |
| 15 Tue Oct 2024 | 41.40 | 42.45 | 42.45 | 40.30 | 0.798 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 39.58. 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 | 39.50 |
| Upside Target | 40.82 |
| 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 | 38.09 |
| Downside Intraday Target | 37.4 |
| Upside Intraday Target | 39.49 |
| Upside Intraday Target | 40.2 |
| Upside Intraday Target | 38.8 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 38.79 | 39.50 | 39.50 | 38.10 | 0.048 times |
| 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 |
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 |
| 28 Mon Oct 2024 | 38.79 | 43.00 | 44.70 | 36.66 | 1.041 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 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 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 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
Although the stock is in the BUY zone, but buying 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 39.2 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 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 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 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
Although the stock is in the BUY zone, but buying 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 39.2 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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