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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 2025-06-16 View latest technical analysis

10 day averaged volume of Sh Steel is 765

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	30.97	33.01	33.01	30.91	2.145 times
13 Fri Jun 2025	32.93	33.97	33.97	30.30	0.616 times
12 Thu Jun 2025	32.92	31.05	33.69	31.05	0.145 times
11 Wed Jun 2025	31.20	32.00	33.50	31.10	5.229 times
10 Tue Jun 2025	32.57	31.56	32.97	30.63	0.758 times
09 Mon Jun 2025	31.25	31.43	33.49	31.15	0.788 times
06 Fri Jun 2025	31.41	33.49	33.49	31.31	0.996 times
05 Thu Jun 2025	32.29	32.49	32.49	30.20	0.675 times
04 Wed Jun 2025	32.97	33.79	33.79	30.85	0.148 times
03 Tue Jun 2025	32.82	33.49	33.49	31.00	0.391 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, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.4, but if it comes above 31.4, then a intra day buy could be more profitable.
If you take a sell trade below 31.4, then use 31.4 as stoploss and 30.4 as target. However if you take a buy trade in stock , then use 31.4 as stoploss and 32.25 as target.

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	27.30
Downside Target	28.02
Downside Target	29.00
Downside Target	30.12
Downside Target	30.91
Upside Target	32.51
Upside Target	33.79
Upside Target	33.90
Upside Target	33.97
Upside Target	35.49
Upside Target	38.40
Upside Target	40.00

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	30.25
Downside Intraday Target	29.53
Upside Intraday Target	32.35
Upside Intraday Target	33.73
Upside Intraday Target	31.63

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	30.97	33.01	33.01	30.91	0.285 times
13 Fri Jun 2025	32.93	31.43	33.97	30.30	3.055 times
06 Fri Jun 2025	31.41	29.00	33.79	29.00	6.644 times
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

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
16 Mon Jun 2025	30.97	29.00	33.97	29.00	0.554 times
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

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 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 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 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 SELL. Signal strength is Strong and stock is losing 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 31.51 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.