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(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 2025-05-27 View latest technical analysis

10 day averaged volume of Sh Steel is 1225

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	33.54	33.54	33.54	33.54	0.005 times
26 Mon May 2025	33.70	33.89	33.89	33.70	0.109 times
23 Fri May 2025	33.09	33.89	33.89	33.09	1.562 times
22 Thu May 2025	32.43	32.99	32.99	32.43	0.323 times
21 Wed May 2025	31.22	30.50	33.25	30.50	1.173 times
20 Tue May 2025	31.12	33.89	33.89	30.75	1.4 times
19 Mon May 2025	32.60	30.12	33.90	30.12	1.816 times
16 Fri May 2025	32.59	32.45	33.25	31.10	0.905 times
15 Thu May 2025	32.45	32.99	32.99	31.18	0.282 times
14 Wed May 2025	31.99	31.00	33.99	31.00	1.369 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 33.3, but if it comes below 33.3, then a intra day sell could be more profitable.
If you take a sell trade below 33.3, then use 33.3 as stoploss and 32.06 as target. However if you take a buy trade in stock , then use 33.3 as stoploss and 34.7 as target.

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	27.30
Downside Target	28.02
Downside Target	30.00
Downside Target	30.99
Downside Target	31.90
Downside Target	33.54
Upside Target	34.00
Upside Target	35.05
Upside Target	35.49
Upside Target	38.40
Upside Target	40.00
Upside Target	43.00

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	33.42
Downside Intraday Target	33.31
Upside Intraday Target	33.77
Upside Intraday Target	34.01
Upside Intraday Target	33.66

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	33.54	33.89	33.89	33.54	0.018 times
23 Fri May 2025	33.09	30.12	33.90	30.12	1.63 times
16 Fri May 2025	32.59	30.99	34.00	30.99	1.499 times
09 Fri May 2025	29.02	35.49	35.49	28.02	1.604 times
02 Fri May 2025	31.50	31.90	31.90	30.00	0.745 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
27 Tue May 2025	33.54	30.11	35.49	28.02	1.353 times
30 Wed Apr 2025	30.11	30.00	32.84	28.03	0.089 times
28 Fri Mar 2025	30.00	37.14	38.40	27.30	10.464 times
28 Fri Feb 2025	34.50	39.98	40.00	32.51	0.852 times

Scroll below to view daily charts

Price has moved up 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Sh Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sh Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sh Steel in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 32.18 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 is giving positive 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.