(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 2025-02-05 View latest technical analysis
10 day averaged volume of Sh Steel is 537
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 37.58 | 40.00 | 40.00 | 36.20 | 2.238 times |
| 04 Tue Feb 2025 | 39.50 | 39.49 | 39.50 | 37.55 | 0.281 times |
| 03 Mon Feb 2025 | 39.49 | 39.98 | 39.98 | 37.31 | 0.164 times |
| 31 Fri Jan 2025 | 39.50 | 39.71 | 39.71 | 39.50 | 0.037 times |
| 30 Thu Jan 2025 | 38.93 | 39.50 | 39.50 | 37.55 | 1.412 times |
| 29 Wed Jan 2025 | 36.58 | 35.05 | 39.49 | 35.05 | 0.544 times |
| 28 Tue Jan 2025 | 37.64 | 37.58 | 39.20 | 35.10 | 1.853 times |
| 27 Mon Jan 2025 | 37.58 | 40.00 | 40.00 | 37.40 | 3.788 times |
| 24 Fri Jan 2025 | 37.70 | 40.00 | 40.00 | 37.50 | 0.745 times |
| 23 Thu Jan 2025 | 37.21 | 38.44 | 39.98 | 37.01 | 0.991 times |
Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.
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 37.5 as stoploss in an intra day buy trade for a target of 38.48. However, stock will show a bearish move below 37.5.
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 35.05 |
| Downside Target | 36.00 |
| Upside Target | 40.00 |
| 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 | 35.85 |
| Downside Intraday Target | 34.13 |
| Upside Intraday Target | 39.65 |
| Upside Intraday Target | 41.73 |
| Upside Intraday Target | 37.93 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 37.58 | 39.98 | 40.00 | 36.20 | 0.352 times |
| 31 Fri Jan 2025 | 39.50 | 40.00 | 40.00 | 35.05 | 1.86 times |
| 24 Fri Jan 2025 | 37.70 | 40.00 | 40.00 | 37.01 | 1.094 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 |
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 |
| 05 Wed Feb 2025 | 37.58 | 39.98 | 40.00 | 36.20 | 0.092 times |
| 31 Fri Jan 2025 | 39.50 | 38.61 | 43.00 | 35.05 | 0.228 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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.
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
Sh Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 37.76 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 neutral. A longer time frame might give a better analysis.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short 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.
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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Sh Steel in short term but the buy signal is initial and weak.
Sh Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 37.76 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.
Click here for Sh Steel charts
Click here for further forecast and predictions for tomorrow