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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)

10 day averaged volume of Sh Steel is 4808

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 40.00 39.85 40.25 39.25 1.58 times
13 Thu Jun 2024 40.00 39.85 40.25 39.25 1.58 times
12 Wed Jun 2024 39.21 39.25 39.91 39.00 1.173 times
11 Tue Jun 2024 38.24 39.20 39.20 37.50 0.727 times
10 Mon Jun 2024 39.20 39.96 39.96 38.15 0.528 times
07 Fri Jun 2024 38.99 37.60 39.25 37.60 0.189 times
06 Thu Jun 2024 37.25 37.99 37.99 36.55 1.865 times
05 Wed Jun 2024 37.06 37.83 38.90 36.10 1.683 times
04 Tue Jun 2024 36.90 39.40 40.40 36.81 0.76 times
03 Mon Jun 2024 38.81 40.90 41.01 38.50 0.448 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 40.3 as stoploss in an intra day sell trade for a target of 39.14. However, stock will show a bullish move above 40.3.

Share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Target 34.26
Downside Target 36.00
Downside Target 37.01
Upside Target 40.25
Upside Target 41.01
Upside Target 42.00
Upside Target 42.10
Upside Target 43.00
Upside Target 43.20
Upside Target 44.65
Upside Target 47.99
Upside Target 50.80

Intraday share price targets for Sh Steel (ShSteel)

Target Type Value
Downside Intraday Target 38.25
Downside Intraday Target 36.5
Upside Intraday Target 41
Upside Intraday Target 42
Downside Intraday Target 39.25

Weekly technical analysis of Sh Steel (ShSteel)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 40.00 39.96 40.25 37.50 1.13 times
07 Fri Jun 2024 38.99 40.90 41.01 36.10 1.285 times
31 Fri May 2024 39.23 40.00 42.00 37.01 0.787 times
24 Fri May 2024 39.94 40.34 42.10 38.00 0.434 times
18 Sat May 2024 39.55 39.26 44.65 37.20 0.186 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
14 Fri Jun 2024 40.00 40.90 41.01 36.10 0.129 times
31 Fri May 2024 39.23 39.80 50.80 37.01 4.725 times
30 Tue Apr 2024 39.80 38.80 43.00 36.00 0.602 times
28 Thu Mar 2024 37.97 39.70 47.99 34.26 1.3 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak 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. 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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 38.5 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak 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. 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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 38.5 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Sh Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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