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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 2025-05-05 View latest technical analysis

10 day averaged volume of Sh Steel is 498

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon May 2025	33.51	35.49	35.49	30.51	3.586 times
02 Fri May 2025	31.50	30.11	31.50	30.11	1.9 times
30 Wed Apr 2025	30.11	31.59	31.59	30.00	1.729 times
29 Tue Apr 2025	30.80	31.90	31.90	30.80	0.261 times
28 Mon Apr 2025	31.40	31.90	31.90	31.40	0.05 times
25 Fri Apr 2025	31.48	31.87	31.87	29.00	0.161 times
24 Thu Apr 2025	30.90	31.59	31.59	30.00	1.412 times
22 Tue Apr 2025	31.00	28.55	31.90	28.55	1.514 times
21 Mon Apr 2025	30.56	30.67	32.79	30.55	2.201 times
17 Thu Apr 2025	30.67	30.85	31.48	30.55	0.476 times

Stock of Sh Steel (ShSteel) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33, for a target of 31.8 or 30.85

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	27.30
Downside Target	28.03
Downside Target	29.72
Downside Target	31.90
Downside Target	32.79
Downside Target	32.84
Upside Target	35.05
Upside Target	35.49
Upside Target	38.40
Upside Target	40.00
Upside Target	43.00

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	30.85
Downside Intraday Target	28.19
Upside Intraday Target	35.83
Upside Intraday Target	38.15
Downside Intraday Target	33.17

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon May 2025	33.51	35.49	35.49	30.51	0.91 times
02 Fri May 2025	31.50	31.90	31.90	30.00	0.745 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

Price has moved up 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
05 Mon May 2025	33.51	30.11	35.49	30.11	0.222 times
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

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 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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and the buying is gaining 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 31.54 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.