(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)
10 day averaged volume of Sh Steel is 2296
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 28.94 | 26.65 | 29.00 | 26.65 | 2.755 times |
| 20 Mon Mar 2023 | 26.76 | 28.60 | 29.90 | 26.65 | 0.491 times |
| 17 Fri Mar 2023 | 27.40 | 29.60 | 29.60 | 26.65 | 0.054 times |
| 16 Thu Mar 2023 | 27.15 | 28.50 | 29.89 | 26.70 | 0.436 times |
| 15 Wed Mar 2023 | 27.16 | 29.55 | 29.55 | 26.55 | 0.199 times |
| 14 Tue Mar 2023 | 27.40 | 29.60 | 29.60 | 27.40 | 0.033 times |
| 13 Mon Mar 2023 | 27.30 | 29.60 | 29.60 | 27.02 | 1.611 times |
| 10 Fri Mar 2023 | 28.35 | 29.05 | 29.60 | 28.20 | 0.027 times |
| 09 Thu Mar 2023 | 30.07 | 29.95 | 30.50 | 28.45 | 0.868 times |
| 08 Wed Mar 2023 | 28.95 | 28.30 | 29.50 | 26.81 | 3.983 times |
Stock of Sh Steel (ShSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 29.7 or till 30.9. Use a stoploss of 28.61 and if this stock hits its stoploss, then it can fall down till 27.56
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 23.05 |
| Downside Target | 24.00 |
| Downside Target | 26.00 |
| Downside Target | 26.55 |
| Downside Target | 27.60 |
| Upside Target | 29.00 |
| Upside Target | 29.89 |
| Upside Target | 30.50 |
| Upside Target | 32.00 |
| Upside Target | 32.55 |
| Upside Target | 33.00 |
| Upside Target | 33.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 27.09 |
| Downside Intraday Target | 25.25 |
| Upside Intraday Target | 30.34 |
| Upside Intraday Target | 31.75 |
| Downside Intraday Target | 28.5 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 28.94 | 28.60 | 29.90 | 26.65 | 1.392 times |
| 17 Fri Mar 2023 | 27.40 | 29.60 | 29.89 | 26.55 | 0.325 times |
| 10 Fri Mar 2023 | 28.35 | 29.85 | 30.50 | 26.81 | 4.403 times |
| 03 Fri Mar 2023 | 29.75 | 29.00 | 30.50 | 27.60 | 0.293 times |
| 24 Fri Feb 2023 | 29.55 | 31.90 | 32.55 | 27.65 | 0.378 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 |
| 21 Tue Mar 2023 | 28.94 | 29.85 | 30.50 | 26.55 | 0.273 times |
| 28 Tue Feb 2023 | 28.60 | 29.60 | 33.80 | 27.00 | 2.957 times |
| 31 Tue Jan 2023 | 28.50 | 26.00 | 32.00 | 26.00 | 0.789 times |
| 30 Fri Dec 2022 | 27.15 | 27.15 | 29.00 | 24.00 | 0.172 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 8, 11, 20 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 29 | Sell |
| CCI | -7 | Buy |
| RSI | 55 | Buy |
| OBV | 2422 | Sell |
| VWAP | 29 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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
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
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 28.56 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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