(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 2025-01-08 View latest technical analysis
10 day averaged volume of Sh Steel is 1058
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 39.08 | 43.00 | 43.00 | 39.08 | 2.002 times |
| 07 Tue Jan 2025 | 39.79 | 38.00 | 40.50 | 37.74 | 0.353 times |
| 06 Mon Jan 2025 | 38.51 | 40.04 | 40.04 | 37.50 | 1.639 times |
| 03 Fri Jan 2025 | 39.25 | 39.90 | 39.90 | 38.55 | 0.734 times |
| 02 Thu Jan 2025 | 38.74 | 40.00 | 40.00 | 38.14 | 0.34 times |
| 01 Wed Jan 2025 | 38.67 | 38.61 | 40.50 | 38.61 | 0.613 times |
| 31 Tue Dec 2024 | 39.40 | 37.10 | 40.90 | 37.10 | 3.404 times |
| 30 Mon Dec 2024 | 39.24 | 40.90 | 40.90 | 38.20 | 1.12 times |
| 27 Fri Dec 2024 | 40.10 | 40.78 | 40.78 | 40.08 | 0.035 times |
| 26 Thu Dec 2024 | 39.98 | 39.00 | 40.50 | 38.55 | 0.317 times |
Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 38.5 or till 37.2. Use a stoploss of 39.59 and if the stock hits stoploss, then it can shoot up till 40.69
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Upside Target | 39.35 |
| Upside Target | 40.90 |
| Upside Target | 41.50 |
| Upside Target | 43.00 |
| Upside Target | 43.78 |
| Upside Target | 44.30 |
| Upside Target | 44.70 |
| Upside Target | 45.84 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 36.72 |
| Downside Intraday Target | 34.36 |
| Upside Intraday Target | 42.22 |
| Upside Intraday Target | 45.36 |
| Upside Intraday Target | 39.86 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 39.08 | 40.04 | 43.00 | 37.50 | 0.643 times |
| 03 Fri Jan 2025 | 39.25 | 40.90 | 40.90 | 37.10 | 1.281 times |
| 27 Fri Dec 2024 | 40.10 | 39.95 | 40.99 | 38.55 | 0.31 times |
| 20 Fri Dec 2024 | 36.71 | 41.50 | 41.50 | 36.00 | 1.467 times |
| 13 Fri Dec 2024 | 41.33 | 39.35 | 43.78 | 39.35 | 0.37 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 |
| 08 Wed Jan 2025 | 39.08 | 38.61 | 43.00 | 37.50 | 0.088 times |
| 31 Tue Dec 2024 | 39.40 | 42.44 | 44.30 | 36.00 | 1.014 times |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 45.84 | 38.00 | 0.759 times |
| 31 Thu Oct 2024 | 40.84 | 43.00 | 44.70 | 36.66 | 1.23 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 39.14 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 39.14 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 is giving positive 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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