(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 2024-08-19 View latest technical analysis
10 day averaged volume of Sh Steel is 3875
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 38.45 | 36.86 | 39.00 | 35.60 | 2.807 times |
| 16 Fri Aug 2024 | 36.14 | 37.88 | 37.88 | 36.01 | 2.315 times |
| 14 Wed Aug 2024 | 37.00 | 36.90 | 37.99 | 36.00 | 0.172 times |
| 13 Tue Aug 2024 | 36.90 | 37.10 | 37.20 | 36.50 | 0.34 times |
| 12 Mon Aug 2024 | 37.14 | 38.99 | 38.99 | 36.60 | 0.643 times |
| 09 Fri Aug 2024 | 38.45 | 35.00 | 39.30 | 34.20 | 1.352 times |
| 08 Thu Aug 2024 | 36.47 | 36.75 | 37.50 | 35.95 | 1.043 times |
| 07 Wed Aug 2024 | 37.50 | 39.30 | 39.30 | 36.30 | 0.603 times |
| 06 Tue Aug 2024 | 36.99 | 37.00 | 38.80 | 36.26 | 1.281 times |
| 05 Mon Aug 2024 | 36.90 | 37.95 | 37.95 | 35.25 | 0.803 times |
Stock of Sh Steel (ShSteel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.4, but if it comes below 38.4, then a intra day sell could be more profitable.
If you take a sell trade below 38.4, then use 38.4 as stoploss and 37.58 as target. However if you take a buy trade in stock , then use 38.4 as stoploss and 39.3 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.60 |
| Upside Target | 38.99 |
| Upside Target | 39.30 |
| Upside Target | 39.64 |
| Upside Target | 40.00 |
| 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 | 36.37 |
| Downside Intraday Target | 34.28 |
| Upside Intraday Target | 39.77 |
| Upside Intraday Target | 41.08 |
| Downside Intraday Target | 37.68 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 38.45 | 36.86 | 39.00 | 35.60 | 0.809 times |
| 16 Fri Aug 2024 | 36.14 | 38.99 | 38.99 | 36.00 | 0.683 times |
| 09 Fri Aug 2024 | 38.45 | 37.95 | 39.30 | 34.20 | 0.525 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 38.45 | 37.52 | 39.30 | 34.20 | 0.748 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 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 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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining 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 37.33 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 Strong and stock is gaining 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 37.33 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 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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