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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 2025-05-29 View latest technical analysis

10 day averaged volume of Sh Steel is 938

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu May 2025	32.78	32.99	32.99	32.78	0.046 times
28 Wed May 2025	31.43	31.41	33.38	31.41	0.108 times
27 Tue May 2025	33.54	33.54	33.54	33.54	0.006 times
26 Mon May 2025	33.70	33.89	33.89	33.70	0.143 times
23 Fri May 2025	33.09	33.89	33.89	33.09	2.041 times
22 Thu May 2025	32.43	32.99	32.99	32.43	0.422 times
21 Wed May 2025	31.22	30.50	33.25	30.50	1.532 times
20 Tue May 2025	31.12	33.89	33.89	30.75	1.828 times
19 Mon May 2025	32.60	30.12	33.90	30.12	2.372 times
16 Fri May 2025	32.59	32.45	33.25	31.10	1.182 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 33.3 as stoploss in an intra day sell trade for a target of 32.22. However, stock will show a bullish move above 33.3.

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
Upside Target	33.89
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	31.5
Downside Intraday Target	30.21
Upside Intraday Target	33.98
Upside Intraday Target	35.17
Downside Intraday Target	32.69

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu May 2025	32.78	33.89	33.89	31.41	0.037 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 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
29 Thu May 2025	32.78	30.11	35.49	28.02	1.364 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 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 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 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 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 Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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

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 32.2 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.