(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 2025-01-09 View latest technical analysis
10 day averaged volume of Sh Steel is 1117
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu Jan 2025 | 38.73 | 38.02 | 39.83 | 38.02 | 0.593 times |
| 08 Wed Jan 2025 | 39.08 | 43.00 | 43.00 | 39.08 | 1.896 times |
| 07 Tue Jan 2025 | 39.79 | 38.00 | 40.50 | 37.74 | 0.334 times |
| 06 Mon Jan 2025 | 38.51 | 40.04 | 40.04 | 37.50 | 1.552 times |
| 03 Fri Jan 2025 | 39.25 | 39.90 | 39.90 | 38.55 | 0.696 times |
| 02 Thu Jan 2025 | 38.74 | 40.00 | 40.00 | 38.14 | 0.322 times |
| 01 Wed Jan 2025 | 38.67 | 38.61 | 40.50 | 38.61 | 0.581 times |
| 31 Tue Dec 2024 | 39.40 | 37.10 | 40.90 | 37.10 | 3.224 times |
| 30 Mon Dec 2024 | 39.24 | 40.90 | 40.90 | 38.20 | 1.061 times |
| 27 Fri Dec 2024 | 40.10 | 40.78 | 40.78 | 40.08 | 0.033 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 39.43. However, stock will show a bearish move below 38.4.
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 | 36.49 |
| Downside Intraday Target | 34.24 |
| Upside Intraday Target | 41.99 |
| Upside Intraday Target | 45.24 |
| Upside Intraday Target | 39.74 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu Jan 2025 | 38.73 | 40.04 | 43.00 | 37.50 | 0.744 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 |
| 09 Thu Jan 2025 | 38.73 | 38.61 | 43.00 | 37.50 | 0.098 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 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 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 short to mid 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 mid to longer 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.
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 and the sell signal is strong.
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 SELL signal for Sh Steel in short term and SELL 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 39.09 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 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 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 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 short to mid 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 mid to longer 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.
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 and the sell signal is strong.
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 SELL signal for Sh Steel in short term and SELL 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 39.09 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 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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