(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 2024-10-17 View latest technical analysis
10 day averaged volume of Sh Steel is 5725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 39.01 | 40.26 | 41.76 | 38.78 | 0.82 times |
| 16 Wed Oct 2024 | 41.00 | 42.50 | 42.50 | 41.00 | 0.012 times |
| 15 Tue Oct 2024 | 41.40 | 42.45 | 42.45 | 40.30 | 0.386 times |
| 14 Mon Oct 2024 | 40.85 | 40.29 | 42.50 | 38.60 | 1.415 times |
| 11 Fri Oct 2024 | 39.80 | 38.51 | 39.99 | 38.51 | 0.384 times |
| 10 Thu Oct 2024 | 39.87 | 40.20 | 40.20 | 38.70 | 0.072 times |
| 09 Wed Oct 2024 | 39.14 | 41.98 | 42.00 | 39.11 | 0.237 times |
| 08 Tue Oct 2024 | 39.49 | 38.00 | 40.79 | 37.66 | 0.488 times |
| 07 Mon Oct 2024 | 37.66 | 40.10 | 40.15 | 36.66 | 0.426 times |
| 03 Thu Oct 2024 | 40.69 | 44.00 | 44.00 | 40.50 | 1.623 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38 or till 36.4. Use a stoploss of 39.33 and if the stock hits stoploss, then it can shoot up till 40.66
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 |
| Upside Target | 40.40 |
| Upside Target | 42.00 |
| Upside Target | 42.50 |
| Upside Target | 43.48 |
| Upside Target | 44.70 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.57 |
| Downside Intraday Target | 36.14 |
| Upside Intraday Target | 41.47 |
| Upside Intraday Target | 43.94 |
| Upside Intraday Target | 40.04 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 39.01 | 40.29 | 42.50 | 38.60 | 1.64 times |
| 11 Fri Oct 2024 | 39.80 | 40.10 | 42.00 | 36.66 | 0.16 times |
| 03 Thu Oct 2024 | 40.69 | 39.49 | 44.70 | 38.04 | 4.824 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 |
Price has moved down 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 |
| 17 Thu Oct 2024 | 39.01 | 43.00 | 44.70 | 36.66 | 0.859 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 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 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 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.
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 40.09 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 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 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 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 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.
ADX buy sell signal for Sh Steel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 40.09 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 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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