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(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 2025-04-30 View latest technical analysis

10 day averaged volume of Sh Steel is 395

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	30.11	31.59	31.59	30.00	2.18 times
29 Tue Apr 2025	30.80	31.90	31.90	30.80	0.329 times
28 Mon Apr 2025	31.40	31.90	31.90	31.40	0.063 times
25 Fri Apr 2025	31.48	31.87	31.87	29.00	0.203 times
24 Thu Apr 2025	30.90	31.59	31.59	30.00	1.78 times
22 Tue Apr 2025	31.00	28.55	31.90	28.55	1.909 times
21 Mon Apr 2025	30.56	30.67	32.79	30.55	2.775 times
17 Thu Apr 2025	30.67	30.85	31.48	30.55	0.6 times
16 Wed Apr 2025	31.48	32.79	32.79	30.50	0.37 times
15 Tue Apr 2025	30.04	29.72	32.41	29.72	1.246 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 30 as stoploss in an intra day buy trade for a target of 30.75. However, stock will show a bearish move below 30.

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	27.30
Downside Target	28.03
Downside Target	29.72
Upside Target	31.90
Upside Target	32.84
Upside Target	35.05
Upside Target	36.00
Upside Target	38.40
Upside Target	40.00
Upside Target	43.00
Upside Target	44.30

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	29.44
Downside Intraday Target	28.77
Upside Intraday Target	31.34
Upside Intraday Target	32.57
Upside Intraday Target	30.67

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	30.11	31.90	31.90	30.00	0.386 times
25 Fri Apr 2025	31.48	30.67	32.79	28.55	3.009 times
17 Thu Apr 2025	30.67	29.72	32.79	29.72	0.131 times
11 Fri Apr 2025	30.14	30.81	32.70	28.03	6.087 times
04 Fri Apr 2025	31.13	30.00	32.84	29.05	0.023 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
30 Wed Apr 2025	30.11	30.00	32.84	28.03	0.089 times
28 Fri Mar 2025	30.00	37.14	38.40	27.30	10.464 times
28 Fri Feb 2025	34.50	39.98	40.00	32.51	0.852 times
31 Fri Jan 2025	39.50	38.61	43.00	35.05	0.228 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 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sh Steel ( (ShSteel) ) based on a short to mid 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 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 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. 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 SELL signal for Sh Steel in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 30.61 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.