(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 2024-03-07 View latest technical analysis
10 day averaged volume of Sh Steel is 1780
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 38.00 | 38.90 | 38.90 | 37.80 | 1.45 times |
06 Wed Mar 2024 | 37.30 | 38.60 | 38.80 | 37.16 | 0.746 times |
05 Tue Mar 2024 | 37.52 | 40.70 | 40.70 | 37.05 | 1.715 times |
04 Mon Mar 2024 | 39.00 | 40.20 | 40.20 | 38.99 | 0.26 times |
01 Fri Mar 2024 | 38.83 | 39.70 | 39.70 | 38.11 | 0.377 times |
29 Thu Feb 2024 | 38.11 | 39.00 | 39.70 | 37.80 | 0.447 times |
28 Wed Feb 2024 | 39.70 | 38.80 | 39.75 | 37.75 | 2.512 times |
27 Tue Feb 2024 | 38.85 | 41.00 | 41.00 | 37.50 | 0.966 times |
26 Mon Feb 2024 | 39.10 | 39.00 | 39.90 | 39.00 | 0.408 times |
23 Fri Feb 2024 | 38.52 | 40.90 | 40.90 | 37.30 | 1.834 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.1, but if it comes above 38.1, then a intra day buy could be more profitable.
If you take a sell trade below 38.1, then use 38.1 as stoploss and 36.9 as target. However if you take a buy trade in stock , then use 38.1 as stoploss and 39.03 as target.
Share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Target | 32.10 |
Downside Target | 32.81 |
Downside Target | 36.45 |
Upside Target | 40.70 |
Upside Target | 41.00 |
Upside Target | 42.45 |
Upside Target | 43.20 |
Upside Target | 47.70 |
Upside Target | 48.04 |
Intraday share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Intraday Target | 36.47 |
Downside Intraday Target | 34.93 |
Upside Intraday Target | 40.12 |
Upside Intraday Target | 42.23 |
Upside Intraday Target | 38.58 |
Weekly technical analysis of Sh Steel (ShSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 38.00 | 40.20 | 40.70 | 37.05 | 0.885 times |
01 Fri Mar 2024 | 38.83 | 39.00 | 41.00 | 37.50 | 0.577 times |
23 Fri Feb 2024 | 38.52 | 39.10 | 41.00 | 37.30 | 0.372 times |
16 Fri Feb 2024 | 40.26 | 42.45 | 42.45 | 38.10 | 0.948 times |
09 Fri Feb 2024 | 41.47 | 41.00 | 43.20 | 38.50 | 1.168 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 |
07 Thu Mar 2024 | 38.00 | 39.70 | 40.70 | 37.05 | 0.076 times |
29 Thu Feb 2024 | 38.11 | 41.00 | 43.20 | 37.30 | 0.392 times |
31 Wed Jan 2024 | 39.50 | 37.40 | 47.70 | 36.45 | 0.527 times |
29 Fri Dec 2023 | 36.90 | 35.05 | 48.04 | 32.81 | 7.586 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 38.54 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.
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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 38.54 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.
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