(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 2024-09-09 View latest technical analysis
10 day averaged volume of Sh Steel is 2326
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 37.95 | 38.94 | 38.94 | 37.21 | 0.984 times |
| 06 Fri Sep 2024 | 38.64 | 39.10 | 39.10 | 38.00 | 0.743 times |
| 05 Thu Sep 2024 | 37.95 | 38.50 | 39.54 | 37.70 | 0.917 times |
| 04 Wed Sep 2024 | 37.45 | 38.00 | 38.94 | 36.99 | 1.148 times |
| 03 Tue Sep 2024 | 37.00 | 39.00 | 39.00 | 35.00 | 1.704 times |
| 02 Mon Sep 2024 | 38.97 | 38.25 | 39.00 | 38.25 | 0.275 times |
| 30 Fri Aug 2024 | 37.72 | 38.56 | 39.48 | 37.68 | 2.657 times |
| 29 Thu Aug 2024 | 38.56 | 40.50 | 40.50 | 38.53 | 0.575 times |
| 28 Wed Aug 2024 | 39.01 | 40.60 | 40.60 | 37.61 | 1.347 times |
| 27 Tue Aug 2024 | 38.95 | 38.66 | 40.89 | 37.52 | 0.07 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.2 or till 36.2. Use a stoploss of 38.05 and if the stock hits stoploss, then it can shoot up till 38.88
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 37.01 |
| Upside Target | 38.94 |
| Upside Target | 39.54 |
| Upside Target | 40.28 |
| Upside Target | 40.89 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.13 |
| Downside Intraday Target | 36.3 |
| Upside Intraday Target | 38.86 |
| Upside Intraday Target | 39.76 |
| Upside Intraday Target | 38.03 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Sep 2024 | 37.95 | 38.94 | 38.94 | 37.21 | 0.205 times |
| 06 Fri Sep 2024 | 38.64 | 38.25 | 39.54 | 35.00 | 0.918 times |
| 30 Fri Aug 2024 | 37.72 | 38.50 | 40.89 | 37.52 | 0.613 times |
| 23 Fri Aug 2024 | 38.55 | 36.86 | 40.28 | 35.60 | 1.471 times |
| 16 Fri Aug 2024 | 36.14 | 38.99 | 38.99 | 36.00 | 0.683 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 |
| 09 Mon Sep 2024 | 37.95 | 38.25 | 39.54 | 35.00 | 0.174 times |
| 30 Fri Aug 2024 | 37.72 | 37.52 | 40.89 | 34.20 | 1.028 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.
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 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 positive zone. This is a BUY 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 37.93 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 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 positive
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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.
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 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 positive zone. This is a BUY 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 37.93 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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