(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 2024-04-08 View latest technical analysis
10 day averaged volume of Sh Steel is 6309
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 40.35 | 40.35 | 41.79 | 40.35 | 0.38 times |
| 05 Fri Apr 2024 | 40.35 | 41.42 | 41.75 | 39.50 | 0.317 times |
| 04 Thu Apr 2024 | 41.79 | 42.00 | 42.00 | 40.30 | 0.275 times |
| 03 Wed Apr 2024 | 41.01 | 41.65 | 42.49 | 39.66 | 0.744 times |
| 02 Tue Apr 2024 | 41.64 | 37.34 | 43.00 | 37.34 | 6.477 times |
| 01 Mon Apr 2024 | 37.34 | 38.80 | 38.85 | 36.50 | 0.341 times |
| 28 Thu Mar 2024 | 37.97 | 37.50 | 38.00 | 37.50 | 0.115 times |
| 27 Wed Mar 2024 | 36.81 | 35.60 | 38.95 | 35.60 | 0.278 times |
| 26 Tue Mar 2024 | 38.00 | 39.70 | 39.70 | 37.01 | 1.078 times |
| 22 Fri Mar 2024 | 38.00 | 38.00 | 38.25 | 37.50 | 0.146 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 40.5 as stoploss in an intra day sell trade for a target of 38.54. However, stock will show a bullish move above 40.5.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| Downside Target | 35.60 |
| Downside Target | 37.30 |
| Downside Target | 39.70 |
| Upside Target | 41.79 |
| Upside Target | 43.00 |
| 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 | 39.87 |
| Downside Intraday Target | 39.39 |
| Upside Intraday Target | 41.31 |
| Upside Intraday Target | 42.27 |
| Upside Intraday Target | 40.83 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 40.35 | 40.35 | 41.79 | 40.35 | 0.047 times |
| 05 Fri Apr 2024 | 40.35 | 38.80 | 43.00 | 36.50 | 5.539 times |
| 28 Thu Mar 2024 | 37.97 | 39.70 | 39.70 | 35.60 | 0.65 times |
| 22 Fri Mar 2024 | 38.00 | 37.95 | 39.97 | 36.10 | 0.134 times |
| 15 Fri Mar 2024 | 36.52 | 38.80 | 47.99 | 34.26 | 14.362 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 |
| 08 Mon Apr 2024 | 40.35 | 38.80 | 43.00 | 36.50 | 0.389 times |
| 28 Thu Mar 2024 | 37.97 | 39.70 | 47.99 | 34.26 | 1.3 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sh Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 buy signal for Sh Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 40.75 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 positive
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 neutral. A longer time frame might give a better analysis.
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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Sh Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 buy signal for Sh Steel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing 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 40.75 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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