(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)
10 day averaged volume of Sh Steel is 1150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Fri Jan 2025 | 38.39 | 39.70 | 39.70 | 38.05 | 0.519 times |
| 09 Thu Jan 2025 | 38.73 | 38.02 | 39.83 | 38.02 | 0.576 times |
| 08 Wed Jan 2025 | 39.08 | 43.00 | 43.00 | 39.08 | 1.842 times |
| 07 Tue Jan 2025 | 39.79 | 38.00 | 40.50 | 37.74 | 0.324 times |
| 06 Mon Jan 2025 | 38.51 | 40.04 | 40.04 | 37.50 | 1.508 times |
| 03 Fri Jan 2025 | 39.25 | 39.90 | 39.90 | 38.55 | 0.676 times |
| 02 Thu Jan 2025 | 38.74 | 40.00 | 40.00 | 38.14 | 0.313 times |
| 01 Wed Jan 2025 | 38.67 | 38.61 | 40.50 | 38.61 | 0.564 times |
| 31 Tue Dec 2024 | 39.40 | 37.10 | 40.90 | 37.10 | 3.131 times |
| 30 Mon Dec 2024 | 39.24 | 40.90 | 40.90 | 38.20 | 1.03 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.4, but if it comes above 38.4, then a intra day buy could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 37.2 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.33 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Upside Target | 39.35 |
| Upside Target | 40.90 |
| Upside Target | 41.50 |
| Upside Target | 43.00 |
| Upside Target | 43.78 |
| 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 | 36.26 |
| Downside Intraday Target | 34.13 |
| Upside Intraday Target | 41.76 |
| Upside Intraday Target | 45.13 |
| Upside Intraday Target | 39.63 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 27 Fri Dec 2024 | 40.10 | 39.95 | 40.99 | 38.55 | 0.31 times |
| 20 Fri Dec 2024 | 36.71 | 41.50 | 41.50 | 36.00 | 1.467 times |
| 13 Fri Dec 2024 | 41.33 | 39.35 | 43.78 | 39.35 | 0.37 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 |
| 10 Fri Jan 2025 | 38.39 | 38.61 | 43.00 | 37.50 | 0.107 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sh Steel stock for short term is SELL. 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 SELL signal in short term but selling 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 39.06 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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Sh Steel stock for short term is SELL. 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 SELL signal in short term but selling 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 39.06 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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