(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 2024-11-28 View latest technical analysis
10 day averaged volume of Sh Steel is 2788
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 40.65 | 42.00 | 42.00 | 40.50 | 0.448 times |
| 27 Wed Nov 2024 | 41.85 | 43.80 | 43.80 | 40.05 | 0.446 times |
| 26 Tue Nov 2024 | 40.89 | 42.99 | 42.99 | 40.05 | 0.777 times |
| 25 Mon Nov 2024 | 41.59 | 38.00 | 42.97 | 38.00 | 0.662 times |
| 22 Fri Nov 2024 | 41.00 | 43.80 | 43.80 | 40.56 | 0.257 times |
| 21 Thu Nov 2024 | 40.08 | 45.84 | 45.84 | 39.30 | 1.761 times |
| 19 Tue Nov 2024 | 41.84 | 40.00 | 45.35 | 39.00 | 2.252 times |
| 18 Mon Nov 2024 | 38.84 | 41.54 | 42.38 | 38.25 | 1.169 times |
| 14 Thu Nov 2024 | 42.39 | 44.00 | 44.00 | 38.40 | 1.091 times |
| 13 Wed Nov 2024 | 41.50 | 43.00 | 43.00 | 39.10 | 0.783 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.3 as stoploss in an intra day buy trade for a target of 41.22. However, stock will show a bearish move below 40.3.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Downside Target | 38.00 |
| Downside Target | 39.51 |
| Upside Target | 40.89 |
| Upside Target | 43.80 |
| Upside Target | 44.00 |
| Upside Target | 44.70 |
| Upside Target | 44.85 |
| Upside Target | 45.84 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 37.83 |
| Downside Intraday Target | 35.02 |
| Upside Intraday Target | 43.63 |
| Upside Intraday Target | 46.62 |
| Upside Intraday Target | 40.82 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Thu Nov 2024 | 40.65 | 38.00 | 43.80 | 38.00 | 0.429 times |
| 22 Fri Nov 2024 | 41.00 | 41.54 | 45.84 | 38.25 | 0.612 times |
| 14 Thu Nov 2024 | 42.39 | 40.48 | 44.85 | 38.40 | 1.342 times |
| 08 Fri Nov 2024 | 41.31 | 41.99 | 44.00 | 39.51 | 1.233 times |
| 01 Fri Nov 2024 | 41.52 | 39.50 | 42.05 | 38.10 | 1.417 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 |
| 28 Thu Nov 2024 | 40.65 | 41.50 | 45.84 | 38.00 | 0.741 times |
| 31 Thu Oct 2024 | 40.84 | 43.00 | 44.70 | 36.66 | 1.23 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 |
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.
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 SELL signal in short term and selling is picking up 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 41.02 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Sh Steel in short term but the sell signal is initial and weak.
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 SELL signal in short term and selling is picking up 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 41.02 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 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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