(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 2024-07-11 View latest technical analysis
10 day averaged volume of Sh Steel is 2325
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 39.03 | 40.60 | 40.60 | 38.00 | 5.127 times |
| 10 Wed Jul 2024 | 39.13 | 41.50 | 41.50 | 39.11 | 0.729 times |
| 09 Tue Jul 2024 | 39.88 | 39.58 | 40.00 | 38.65 | 1.656 times |
| 08 Mon Jul 2024 | 39.58 | 39.05 | 39.60 | 38.50 | 0.384 times |
| 05 Fri Jul 2024 | 39.77 | 39.90 | 40.00 | 38.41 | 1.723 times |
| 04 Thu Jul 2024 | 39.17 | 39.87 | 39.87 | 38.60 | 0.575 times |
| 03 Wed Jul 2024 | 39.09 | 38.60 | 40.49 | 38.60 | 1.174 times |
| 02 Tue Jul 2024 | 39.60 | 39.45 | 40.49 | 38.56 | 1.691 times |
| 01 Mon Jul 2024 | 38.55 | 38.15 | 39.60 | 38.15 | 0.33 times |
| 28 Fri Jun 2024 | 38.93 | 39.00 | 39.98 | 38.00 | 1.047 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 38.9 as stoploss in an intra day buy trade for a target of 39.35. However, stock will show a bearish move below 38.9.
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 | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 47.99 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.52 |
| Downside Intraday Target | 36.01 |
| Upside Intraday Target | 41.02 |
| Upside Intraday Target | 43.01 |
| Upside Intraday Target | 39.51 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Jul 2024 | 39.03 | 39.05 | 41.50 | 38.00 | 1.437 times |
| 05 Fri Jul 2024 | 39.77 | 38.15 | 40.49 | 38.15 | 0.636 times |
| 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 |
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 |
| 11 Thu Jul 2024 | 39.03 | 38.15 | 41.50 | 38.00 | 0.37 times |
| 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 |
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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but the sell 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. 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
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 39.29 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 is giving positive 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 but the sell 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. 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
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 39.29 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 is giving positive 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.
Click here for Sh Steel charts
Click here for further forecast and predictions for tomorrow