Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-12 View latest technical analysis

10 day averaged volume of Sh Steel is 567

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	36.70	32.60	38.00	32.60	0.406 times
11 Tue Feb 2025	37.40	36.46	37.90	35.00	1.771 times
10 Mon Feb 2025	36.46	34.20	39.90	34.20	1.242 times
07 Fri Feb 2025	38.61	40.00	40.00	37.50	0.545 times
06 Thu Feb 2025	37.38	40.00	40.00	37.25	2.018 times
05 Wed Feb 2025	37.58	40.00	40.00	36.20	2.12 times
04 Tue Feb 2025	39.50	39.49	39.50	37.55	0.266 times
03 Mon Feb 2025	39.49	39.98	39.98	37.31	0.155 times
31 Fri Jan 2025	39.50	39.71	39.71	39.50	0.035 times
30 Thu Jan 2025	38.93	39.50	39.50	37.55	1.337 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37, but if it comes above 37, then a intra day buy could be more profitable.
If you take a sell trade below 37, then use 37 as stoploss and 35.7 as target. However if you take a buy trade in stock , then use 37 as stoploss and 38.11 as target.

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	32.60
Downside Target	35.05
Downside Target	36.00
Upside Target	38.00
Upside Target	39.90
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	32.9
Downside Intraday Target	29.1
Upside Intraday Target	40.2
Upside Intraday Target	43.7
Downside Intraday Target	36.4

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Feb 2025	36.70	34.20	39.90	32.60	0.67 times
07 Fri Feb 2025	38.61	39.98	40.00	36.20	0.706 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

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
12 Wed Feb 2025	36.70	39.98	40.00	32.60	0.31 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 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 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 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 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 37.66 and Sh Steel (ShSteel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.