(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 2024-11-29 View latest technical analysis
10 day averaged volume of Sh Steel is 2689
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 41.50 | 39.80 | 0.586 times |
| 28 Thu Nov 2024 | 40.65 | 42.00 | 42.00 | 40.50 | 0.464 times |
| 27 Wed Nov 2024 | 41.85 | 43.80 | 43.80 | 40.05 | 0.462 times |
| 26 Tue Nov 2024 | 40.89 | 42.99 | 42.99 | 40.05 | 0.805 times |
| 25 Mon Nov 2024 | 41.59 | 38.00 | 42.97 | 38.00 | 0.686 times |
| 22 Fri Nov 2024 | 41.00 | 43.80 | 43.80 | 40.56 | 0.266 times |
| 21 Thu Nov 2024 | 40.08 | 45.84 | 45.84 | 39.30 | 1.826 times |
| 19 Tue Nov 2024 | 41.84 | 40.00 | 45.35 | 39.00 | 2.335 times |
| 18 Mon Nov 2024 | 38.84 | 41.54 | 42.38 | 38.25 | 1.212 times |
| 14 Thu Nov 2024 | 42.39 | 44.00 | 44.00 | 38.40 | 1.131 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.4 or till 39.3. Use a stoploss of 41.28 and if the stock hits stoploss, then it can shoot up till 42.18
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 |
| Downside 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 | 38.05 |
| Downside Intraday Target | 35.12 |
| Upside Intraday Target | 43.85 |
| Upside Intraday Target | 46.72 |
| Downside Intraday Target | 40.92 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Fri Nov 2024 | 40.97 | 38.00 | 43.80 | 38.00 | 0.533 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 |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 45.84 | 38.00 | 0.759 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 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 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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
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 40.98 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 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 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 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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
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 40.98 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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