(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 2024-10-01 View latest technical analysis
10 day averaged volume of Sh Steel is 3838
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 41.01 | 43.00 | 44.70 | 41.00 | 7.397 times |
| 30 Mon Sep 2024 | 41.69 | 39.49 | 44.70 | 38.04 | 5.119 times |
| 27 Fri Sep 2024 | 37.77 | 38.38 | 39.50 | 37.77 | 0.803 times |
| 26 Thu Sep 2024 | 38.38 | 38.25 | 39.90 | 38.25 | 0.863 times |
| 25 Wed Sep 2024 | 37.71 | 39.95 | 39.95 | 37.51 | 0.291 times |
| 24 Tue Sep 2024 | 38.50 | 38.57 | 39.99 | 38.30 | 0.423 times |
| 23 Mon Sep 2024 | 38.57 | 36.35 | 40.40 | 36.35 | 0.716 times |
| 20 Fri Sep 2024 | 38.27 | 38.45 | 39.00 | 38.05 | 0.725 times |
| 19 Thu Sep 2024 | 37.68 | 37.40 | 40.00 | 37.06 | 0.571 times |
| 18 Wed Sep 2024 | 38.16 | 39.44 | 39.44 | 37.60 | 0.306 times |
Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 40.9, for a target of 39.6 or 38.53
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Downside Target | 38.04 |
| Downside Target | 38.94 |
| Downside Target | 40.40 |
| Downside Target | 41.00 |
| Upside Target | 41.50 |
| Upside Target | 42.00 |
| Upside Target | 43.48 |
| Upside Target | 44.70 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.8 |
| Downside Intraday Target | 34.59 |
| Upside Intraday Target | 44.46 |
| Upside Intraday Target | 47.91 |
| Upside Intraday Target | 41.25 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 41.01 | 39.49 | 44.70 | 38.04 | 4.043 times |
| 27 Fri Sep 2024 | 37.77 | 36.35 | 40.40 | 36.35 | 0.759 times |
| 20 Fri Sep 2024 | 38.27 | 37.44 | 43.48 | 37.06 | 1.138 times |
| 13 Fri Sep 2024 | 38.42 | 38.94 | 38.94 | 37.00 | 1.235 times |
| 06 Fri Sep 2024 | 38.64 | 38.25 | 39.54 | 35.00 | 0.918 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 |
| 01 Tue Oct 2024 | 41.01 | 43.00 | 44.70 | 41.00 | 0.394 times |
| 30 Mon Sep 2024 | 41.69 | 38.25 | 44.70 | 35.00 | 0.935 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 |
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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down
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 but buying 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 40.43 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 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Sh Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down
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 but buying 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 40.43 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 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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