(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 2025-01-21 View latest technical analysis
10 day averaged volume of Sh Steel is 589
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 37.39 | 37.11 | 39.80 | 37.11 | 1.779 times |
| 20 Mon Jan 2025 | 39.81 | 40.00 | 40.00 | 38.90 | 0.212 times |
| 17 Fri Jan 2025 | 39.75 | 40.40 | 40.40 | 38.80 | 0.127 times |
| 16 Thu Jan 2025 | 38.80 | 42.00 | 42.00 | 38.20 | 0.343 times |
| 15 Wed Jan 2025 | 39.90 | 39.17 | 41.50 | 39.17 | 0.054 times |
| 14 Tue Jan 2025 | 38.79 | 38.39 | 39.25 | 37.05 | 0.655 times |
| 13 Mon Jan 2025 | 38.15 | 42.00 | 42.00 | 36.51 | 2.241 times |
| 10 Fri Jan 2025 | 38.39 | 39.70 | 39.70 | 38.05 | 1.014 times |
| 09 Thu Jan 2025 | 38.73 | 38.02 | 39.83 | 38.02 | 1.124 times |
| 08 Wed Jan 2025 | 39.08 | 43.00 | 43.00 | 39.08 | 3.596 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 37.6, for a target of 38.4 or 39.06
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Upside Target | 40.00 |
| Upside Target | 40.90 |
| Upside Target | 40.99 |
| Upside Target | 42.00 |
| Upside Target | 43.00 |
| Upside Target | 44.30 |
| Upside Target | 44.70 |
| Upside Target | 45.84 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 36.33 |
| Downside Intraday Target | 35.28 |
| Upside Intraday Target | 39.22 |
| Upside Intraday Target | 41.06 |
| Upside Intraday Target | 38.17 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 37.39 | 40.00 | 40.00 | 37.11 | 0.582 times |
| 17 Fri Jan 2025 | 39.75 | 42.00 | 42.00 | 36.51 | 0.367 times |
| 10 Fri Jan 2025 | 38.39 | 40.04 | 43.00 | 37.50 | 0.834 times |
| 03 Fri Jan 2025 | 39.25 | 40.90 | 40.90 | 37.10 | 1.281 times |
| 27 Fri Dec 2024 | 40.10 | 39.95 | 40.99 | 38.55 | 0.31 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 |
| 21 Tue Jan 2025 | 37.39 | 38.61 | 43.00 | 36.51 | 0.153 times |
| 31 Tue Dec 2024 | 39.40 | 42.44 | 44.30 | 36.00 | 1.014 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer 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.
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 SELL signal for Sh Steel in short term and the sell 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 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 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 38.53 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 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 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sh Steel ( (ShSteel) ) based on a mid to longer 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.
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 SELL signal for Sh Steel in short term and the sell 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 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 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 38.53 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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