(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 1765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 27.94 | 28.99 | 28.99 | 25.69 | 1.174 times |
| 29 Wed Mar 2023 | 27.89 | 26.95 | 28.26 | 26.95 | 0.923 times |
| 28 Tue Mar 2023 | 26.35 | 28.39 | 28.39 | 26.21 | 0.419 times |
| 27 Mon Mar 2023 | 28.39 | 25.68 | 29.39 | 25.68 | 0.106 times |
| 24 Fri Mar 2023 | 27.63 | 27.25 | 29.43 | 27.25 | 0.391 times |
| 23 Thu Mar 2023 | 28.75 | 27.10 | 28.93 | 27.10 | 0.919 times |
| 22 Wed Mar 2023 | 27.42 | 29.66 | 29.66 | 27.15 | 2.385 times |
| 21 Tue Mar 2023 | 28.94 | 26.65 | 29.00 | 26.65 | 3.584 times |
| 20 Mon Mar 2023 | 26.76 | 28.60 | 29.90 | 26.65 | 0.639 times |
| 17 Fri Mar 2023 | 27.40 | 29.60 | 29.60 | 26.65 | 0.07 times |
My analysis of stock is bearish for shortterm, and stock might move down till 27.1 or till 25.9. Use a stoploss of 28.08 and if the stock hits stoploss, then it can shoot up till 29.07
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 23.05 |
| Downside Target | 24.00 |
| Downside Target | 25.68 |
| Downside Target | 26.55 |
| Downside Target | 27.60 |
| Upside Target | 29.00 |
| Upside Target | 29.90 |
| Upside Target | 30.50 |
| Upside Target | 32.00 |
| Upside Target | 33.00 |
| Upside Target | 33.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 25.95 |
| Downside Intraday Target | 23.96 |
| Upside Intraday Target | 29.66 |
| Upside Intraday Target | 31.38 |
| Downside Intraday Target | 27.67 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 27.94 | 25.68 | 29.39 | 25.68 | 0.331 times |
| 24 Fri Mar 2023 | 27.63 | 28.60 | 29.90 | 26.65 | 2.609 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 |
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 |
| 31 Fri Mar 2023 | 27.94 | 29.85 | 30.50 | 25.68 | 0.371 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 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 7, 15, 39 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 41 | None |
| CCI | -72 | Sell |
| RSI | 48 | Sell |
| OBV | 4672 | Sell |
| VWAP | 28 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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 short 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
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. Bears 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 moving up
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 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 28.08 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. 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 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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