(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 2024-12-09 View latest technical analysis
10 day averaged volume of Sh Steel is 3855
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 40.00 | 39.35 | 40.69 | 39.35 | 0.525 times |
| 06 Fri Dec 2024 | 40.30 | 44.30 | 44.30 | 40.16 | 1.815 times |
| 05 Thu Dec 2024 | 40.83 | 40.15 | 42.50 | 40.00 | 3.684 times |
| 04 Wed Dec 2024 | 41.10 | 41.00 | 41.39 | 40.00 | 0.147 times |
| 03 Tue Dec 2024 | 40.65 | 43.98 | 43.98 | 39.56 | 1.035 times |
| 02 Mon Dec 2024 | 39.97 | 42.44 | 42.44 | 39.50 | 1.226 times |
| 29 Fri Nov 2024 | 40.97 | 41.50 | 41.50 | 39.80 | 0.409 times |
| 28 Thu Nov 2024 | 40.65 | 42.00 | 42.00 | 40.50 | 0.324 times |
| 27 Wed Nov 2024 | 41.85 | 43.80 | 43.80 | 40.05 | 0.322 times |
| 26 Tue Nov 2024 | 40.89 | 42.99 | 42.99 | 40.05 | 0.562 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 40.1, but if it comes above 40.1, then a intra day buy could be more profitable.
If you take a sell trade below 40.1, then use 40.1 as stoploss and 39.1 as target. However if you take a buy trade in stock , then use 40.1 as stoploss and 40.98 as target.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 34.20 |
| Downside Target | 35.00 |
| Downside Target | 36.66 |
| Downside Target | 38.00 |
| Downside Target | 39.35 |
| Upside Target | 40.69 |
| Upside Target | 43.80 |
| Upside Target | 44.30 |
| 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 | 39.34 |
| Downside Intraday Target | 38.67 |
| Upside Intraday Target | 40.68 |
| Upside Intraday Target | 41.35 |
| Upside Intraday Target | 40.01 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 40.00 | 39.35 | 40.69 | 39.35 | 0.066 times |
| 06 Fri Dec 2024 | 40.30 | 42.44 | 44.30 | 39.50 | 3.774 times |
| 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 |
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 Dec 2024 | 40.00 | 42.44 | 44.30 | 39.35 | 0.483 times |
| 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 |
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 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 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 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 Strong 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 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 but selling 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 40.61 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 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 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 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 Strong 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 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 but selling 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 40.61 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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