(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 2024-08-02 View latest technical analysis
10 day averaged volume of Sh Steel is 4240
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 38.15 | 37.00 | 38.38 | 37.00 | 1.324 times |
| 01 Thu Aug 2024 | 37.01 | 37.52 | 38.88 | 37.00 | 1.512 times |
| 31 Wed Jul 2024 | 37.29 | 40.00 | 40.00 | 36.88 | 2.086 times |
| 30 Tue Jul 2024 | 37.75 | 37.52 | 38.39 | 36.39 | 2.165 times |
| 29 Mon Jul 2024 | 37.52 | 37.00 | 37.99 | 36.42 | 1.767 times |
| 26 Fri Jul 2024 | 37.55 | 37.80 | 38.44 | 36.99 | 1.638 times |
| 25 Thu Jul 2024 | 38.06 | 37.74 | 39.64 | 37.74 | 0.188 times |
| 24 Wed Jul 2024 | 38.51 | 38.50 | 38.51 | 38.49 | 0.116 times |
| 23 Tue Jul 2024 | 38.90 | 38.10 | 38.90 | 36.00 | 0.316 times |
| 22 Mon Jul 2024 | 39.00 | 38.00 | 39.49 | 38.00 | 0.094 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.7 or till 36.8. Use a stoploss of 38.53 and if the stock hits stoploss, then it can shoot up till 39.33
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 36.00 |
| Downside Target | 38.00 |
| Upside Target | 39.64 |
| Upside Target | 39.82 |
| Upside Target | 40.00 |
| Upside Target | 40.49 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 36.36 |
| Downside Intraday Target | 34.57 |
| Upside Intraday Target | 39.97 |
| Upside Intraday Target | 41.79 |
| Upside Intraday Target | 38.18 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Aug 2024 | 38.15 | 37.00 | 40.00 | 36.39 | 3.766 times |
| 26 Fri Jul 2024 | 37.55 | 38.00 | 39.64 | 36.00 | 1.846 times |
| 19 Fri Jul 2024 | 38.32 | 39.82 | 39.82 | 36.00 | 0.254 times |
| 12 Fri Jul 2024 | 39.04 | 39.05 | 41.50 | 38.00 | 1.667 times |
| 05 Fri Jul 2024 | 39.77 | 38.15 | 40.49 | 38.15 | 0.636 times |
Price has moved up 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 |
| 02 Fri Aug 2024 | 38.15 | 37.52 | 38.88 | 37.00 | 0.16 times |
| 31 Wed Jul 2024 | 37.29 | 38.15 | 41.50 | 36.00 | 0.891 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 |
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 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 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 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 SELL signal for Sh Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.
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 37.6 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 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 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 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 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 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 SELL signal for Sh Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.
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 37.6 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 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.
Click here for Sh Steel charts
Click here for further forecast and predictions for tomorrow