(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 2024-03-13 View latest technical analysis
10 day averaged volume of Sh Steel is 6721
Date | Daily Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 38.16 | 44.00 | 47.99 | 37.50 | 5.857 times |
12 Tue Mar 2024 | 42.53 | 39.90 | 44.50 | 39.76 | 7.688 times |
11 Mon Mar 2024 | 37.42 | 38.80 | 38.80 | 36.76 | 0.068 times |
07 Thu Mar 2024 | 38.00 | 38.90 | 38.90 | 37.80 | 0.384 times |
06 Wed Mar 2024 | 37.30 | 38.60 | 38.80 | 37.16 | 0.198 times |
05 Tue Mar 2024 | 37.52 | 40.70 | 40.70 | 37.05 | 0.454 times |
04 Mon Mar 2024 | 39.00 | 40.20 | 40.20 | 38.99 | 0.069 times |
01 Fri Mar 2024 | 38.83 | 39.70 | 39.70 | 38.11 | 0.1 times |
29 Thu Feb 2024 | 38.11 | 39.00 | 39.70 | 37.80 | 0.118 times |
28 Wed Feb 2024 | 39.70 | 38.80 | 39.75 | 37.75 | 0.665 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 stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 37.7 as stoploss in an intra day buy trade for a target of 38.86. However, stock will show a bearish move below 37.7.
Share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Target | 32.10 |
Downside Target | 32.81 |
Downside Target | 36.45 |
Upside Target | 39.00 |
Upside Target | 40.70 |
Upside Target | 41.00 |
Upside Target | 42.45 |
Upside Target | 43.20 |
Upside Target | 47.70 |
Upside Target | 47.99 |
Upside Target | 48.04 |
Intraday share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Intraday Target | 33.95 |
Downside Intraday Target | 29.74 |
Upside Intraday Target | 45.18 |
Upside Intraday Target | 52.2 |
Upside Intraday Target | 40.97 |
Weekly technical analysis of Sh Steel (ShSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 38.16 | 38.80 | 47.99 | 36.76 | 12.324 times |
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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sh Steel (ShSteel)
Date | Monthly Closing Price | Open | High | Low | Volume |
13 Wed Mar 2024 | 38.16 | 39.70 | 47.99 | 36.76 | 0.936 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term but SELL 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 40.35 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term but SELL 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 40.35 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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