(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 2024-03-14 View latest technical analysis
10 day averaged volume of Sh Steel is 10485
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 37.71 | 38.17 | 39.94 | 34.26 | 0.846 times |
| 13 Wed Mar 2024 | 38.16 | 44.00 | 47.99 | 37.50 | 3.754 times |
| 12 Tue Mar 2024 | 42.53 | 39.90 | 44.50 | 39.76 | 4.928 times |
| 11 Mon Mar 2024 | 37.42 | 38.80 | 38.80 | 36.76 | 0.044 times |
| 07 Thu Mar 2024 | 38.00 | 38.90 | 38.90 | 37.80 | 0.246 times |
| 06 Wed Mar 2024 | 37.30 | 38.60 | 38.80 | 37.16 | 0.127 times |
| 05 Tue Mar 2024 | 37.52 | 40.70 | 40.70 | 37.05 | 0.291 times |
| 04 Mon Mar 2024 | 39.00 | 40.20 | 40.20 | 38.99 | 0.044 times |
| 01 Fri Mar 2024 | 38.83 | 39.70 | 39.70 | 38.11 | 0.064 times |
| 29 Thu Feb 2024 | 38.11 | 39.00 | 39.70 | 37.80 | 0.076 times |
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 37.6 as stoploss in an intra day buy trade for a target of 38.79. However, stock will show a bearish move below 37.6.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.10 |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| 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 | 31.98 |
| Downside Intraday Target | 26.26 |
| Upside Intraday Target | 45.71 |
| Upside Intraday Target | 53.72 |
| Upside Intraday Target | 39.99 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 37.71 | 38.80 | 47.99 | 34.26 | 13.518 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 down 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 |
| 14 Thu Mar 2024 | 37.71 | 39.70 | 47.99 | 34.26 | 1.019 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sh Steel stock for short term is BUY. 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.
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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 40.16 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 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 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 to mid 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 mid to longer 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.
ADX buy sell signal for Sh Steel stock for short term is BUY. 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.
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 weakening, and bulls are picking up momentum!
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 and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 40.16 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.
Click here for Sh Steel charts
Click here for further forecast and predictions for tomorrow