(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 2025-01-29 View latest technical analysis
10 day averaged volume of Sh Steel is 554
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 36.58 | 35.05 | 39.49 | 35.05 | 0.527 times |
| 28 Tue Jan 2025 | 37.64 | 37.58 | 39.20 | 35.10 | 1.796 times |
| 27 Mon Jan 2025 | 37.58 | 40.00 | 40.00 | 37.40 | 3.671 times |
| 24 Fri Jan 2025 | 37.70 | 40.00 | 40.00 | 37.50 | 0.722 times |
| 23 Thu Jan 2025 | 37.21 | 38.44 | 39.98 | 37.01 | 0.96 times |
| 22 Wed Jan 2025 | 38.20 | 39.48 | 39.48 | 37.55 | 0.179 times |
| 21 Tue Jan 2025 | 37.39 | 37.11 | 39.80 | 37.11 | 1.892 times |
| 20 Mon Jan 2025 | 39.81 | 40.00 | 40.00 | 38.90 | 0.226 times |
| 17 Fri Jan 2025 | 39.75 | 40.40 | 40.40 | 38.80 | 0.135 times |
| 16 Thu Jan 2025 | 38.80 | 42.00 | 42.00 | 38.20 | 0.365 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 36.5, for a target of 37.6 or 38.5
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Upside Target | 40.00 |
| Upside Target | 40.90 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 44.30 |
| Upside Target | 44.70 |
| Upside Target | 45.84 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 34.42 |
| Downside Intraday Target | 32.26 |
| Upside Intraday Target | 39.37 |
| Upside Intraday Target | 42.16 |
| Upside Intraday Target | 37.21 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Jan 2025 | 36.58 | 40.00 | 40.00 | 35.05 | 1.507 times |
| 24 Fri Jan 2025 | 37.70 | 40.00 | 40.00 | 37.01 | 1.094 times |
| 17 Fri Jan 2025 | 39.75 | 42.00 | 42.00 | 36.51 | 0.367 times |
| 10 Fri Jan 2025 | 38.39 | 40.04 | 43.00 | 37.50 | 0.834 times |
| 03 Fri Jan 2025 | 39.25 | 40.90 | 40.90 | 37.10 | 1.281 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 |
| 29 Wed Jan 2025 | 36.58 | 38.61 | 43.00 | 35.05 | 0.217 times |
| 31 Tue Dec 2024 | 39.40 | 42.44 | 44.30 | 36.00 | 1.014 times |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 45.84 | 38.00 | 0.759 times |
| 31 Thu Oct 2024 | 40.84 | 43.00 | 44.70 | 36.66 | 1.23 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 37.61 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 37.61 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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