(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 2024-06-28 View latest technical analysis
10 day averaged volume of Sh Steel is 4622
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 38.93 | 39.00 | 39.98 | 38.00 | 0.527 times |
| 27 Thu Jun 2024 | 39.00 | 39.25 | 39.88 | 38.30 | 0.348 times |
| 26 Wed Jun 2024 | 39.04 | 39.85 | 40.00 | 39.00 | 2.165 times |
| 25 Tue Jun 2024 | 40.12 | 40.34 | 41.39 | 39.85 | 0.783 times |
| 24 Mon Jun 2024 | 39.15 | 39.31 | 39.95 | 38.35 | 0.522 times |
| 21 Fri Jun 2024 | 39.15 | 39.31 | 39.95 | 38.35 | 0.522 times |
| 20 Thu Jun 2024 | 39.31 | 39.29 | 40.59 | 39.29 | 0.478 times |
| 19 Wed Jun 2024 | 39.26 | 39.60 | 40.79 | 39.20 | 1.339 times |
| 18 Tue Jun 2024 | 39.21 | 38.01 | 42.00 | 38.01 | 0.556 times |
| 14 Fri Jun 2024 | 40.00 | 39.85 | 40.25 | 39.25 | 1.644 times |
My analysis of stock is bullish for shortterm, and stock might move up till 39.8 or till 40.8. Use a stoploss of 38.9 and if this stock hits its stoploss, then it can fall down till 38.03
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.26 |
| Downside Target | 36.00 |
| Downside Target | 37.01 |
| Upside Target | 40.25 |
| Upside Target | 41.39 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 43.20 |
| Upside Target | 47.99 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.49 |
| Downside Intraday Target | 36.05 |
| Upside Intraday Target | 40.88 |
| Upside Intraday Target | 42.83 |
| Upside Intraday Target | 39.44 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 38.93 | 39.31 | 41.39 | 38.00 | 1.5 times |
| 21 Fri Jun 2024 | 39.15 | 38.01 | 42.00 | 38.01 | 0.498 times |
| 14 Fri Jun 2024 | 40.00 | 39.96 | 40.25 | 37.50 | 1.13 times |
| 07 Fri Jun 2024 | 38.99 | 40.90 | 41.01 | 36.10 | 1.285 times |
| 31 Fri May 2024 | 39.23 | 40.00 | 42.00 | 37.01 | 0.787 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 |
| 28 Fri Jun 2024 | 38.93 | 40.90 | 42.00 | 36.10 | 0.214 times |
| 31 Fri May 2024 | 39.23 | 39.80 | 50.80 | 37.01 | 4.725 times |
| 30 Tue Apr 2024 | 39.80 | 38.80 | 43.00 | 36.00 | 0.602 times |
| 28 Thu Mar 2024 | 37.97 | 39.70 | 47.99 | 34.26 | 1.3 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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
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 39.38 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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
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 39.38 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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