(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 2024-10-30 View latest technical analysis
10 day averaged volume of Sh Steel is 1799
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 39.77 | 39.98 | 39.98 | 39.77 | 0.023 times |
| 29 Tue Oct 2024 | 38.80 | 38.79 | 38.80 | 38.79 | 0.078 times |
| 28 Mon Oct 2024 | 38.79 | 39.50 | 39.50 | 38.10 | 0.282 times |
| 25 Fri Oct 2024 | 38.69 | 38.91 | 39.80 | 37.75 | 0.459 times |
| 24 Thu Oct 2024 | 38.91 | 38.00 | 40.82 | 37.60 | 0.516 times |
| 23 Wed Oct 2024 | 38.56 | 38.00 | 39.76 | 38.00 | 1.332 times |
| 22 Tue Oct 2024 | 38.50 | 39.06 | 39.89 | 38.50 | 1.911 times |
| 21 Mon Oct 2024 | 39.15 | 39.60 | 40.80 | 39.01 | 1.656 times |
| 18 Fri Oct 2024 | 39.60 | 40.94 | 40.94 | 38.31 | 1.116 times |
| 17 Thu Oct 2024 | 39.01 | 40.26 | 41.76 | 38.78 | 2.609 times |
My analysis of stock is bullish for shortterm, and stock might move up till 40.5 or till 41.7. Use a stoploss of 39.53 and if this stock hits its stoploss, then it can fall down till 38.54
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 | 39.98 |
| 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 | 38.59 |
| Downside Intraday Target | 37.4 |
| Upside Intraday Target | 40.47 |
| Upside Intraday Target | 41.16 |
| Downside Intraday Target | 39.28 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Wed Oct 2024 | 39.77 | 39.50 | 39.98 | 38.10 | 0.065 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 |
| 30 Wed Oct 2024 | 39.77 | 43.00 | 44.70 | 36.66 | 1.043 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 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 38.92 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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
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 38.92 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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