(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)
10 day averaged volume of Sh Steel is 33885
Date | Daily Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 39.50 | 42.50 | 42.50 | 39.50 | 0.11 times |
14 Tue May 2024 | 40.20 | 39.97 | 44.65 | 39.30 | 0.998 times |
13 Mon May 2024 | 38.18 | 39.26 | 40.30 | 37.20 | 0.144 times |
10 Fri May 2024 | 39.40 | 40.50 | 41.26 | 38.75 | 0.552 times |
09 Thu May 2024 | 40.24 | 44.99 | 44.99 | 39.60 | 0.598 times |
08 Wed May 2024 | 42.36 | 48.80 | 50.80 | 41.90 | 2.238 times |
07 Tue May 2024 | 47.86 | 40.80 | 47.86 | 39.80 | 5.151 times |
06 Mon May 2024 | 39.89 | 38.20 | 40.00 | 38.00 | 0.058 times |
03 Fri May 2024 | 40.00 | 40.00 | 40.00 | 38.50 | 0.062 times |
02 Thu May 2024 | 38.77 | 39.80 | 41.00 | 38.20 | 0.115 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.5 or till 34.9. Use a stoploss of 39.68 and if the stock hits stoploss, then it can shoot up till 41.85
Share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Target | 34.26 |
Downside Target | 36.00 |
Downside Target | 39.00 |
Upside Target | 41.00 |
Upside Target | 41.50 |
Upside Target | 43.00 |
Upside Target | 43.20 |
Upside Target | 44.65 |
Upside Target | 47.70 |
Upside Target | 47.99 |
Upside Target | 50.80 |
Intraday share price targets for Sh Steel (ShSteel)
Target Type | Value |
Downside Intraday Target | 36.25 |
Downside Intraday Target | 33 |
Upside Intraday Target | 43.7 |
Upside Intraday Target | 47.9 |
Upside Intraday Target | 40.45 |
Weekly technical analysis of Sh Steel (ShSteel)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Wed May 2024 | 39.50 | 39.26 | 44.65 | 37.20 | 0.146 times |
10 Fri May 2024 | 39.40 | 38.20 | 50.80 | 38.00 | 24.764 times |
03 Fri May 2024 | 40.00 | 39.20 | 41.00 | 38.00 | 0.855 times |
26 Fri Apr 2024 | 39.43 | 36.00 | 41.50 | 36.00 | 1.897 times |
19 Fri Apr 2024 | 38.84 | 38.15 | 39.00 | 36.50 | 1.427 times |
Price has moved up 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 |
15 Wed May 2024 | 39.50 | 39.80 | 50.80 | 37.20 | 4.08 times |
30 Tue Apr 2024 | 39.80 | 38.80 | 43.00 | 36.00 | 0.602 times |
28 Thu Mar 2024 | 37.97 | 39.70 | 47.99 | 34.26 | 1.3 times |
29 Thu Feb 2024 | 38.11 | 41.00 | 43.20 | 37.30 | 0.392 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 44.52 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining 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 44.52 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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