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(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 2025-02-13 View latest technical analysis

10 day averaged volume of Sh Steel is 561

Date	Daily Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	37.40	39.50	39.50	35.00	2.173 times
12 Wed Feb 2025	36.70	32.60	38.00	32.60	0.41 times
11 Tue Feb 2025	37.40	36.46	37.90	35.00	1.79 times
10 Mon Feb 2025	36.46	34.20	39.90	34.20	1.255 times
07 Fri Feb 2025	38.61	40.00	40.00	37.50	0.551 times
06 Thu Feb 2025	37.38	40.00	40.00	37.25	2.039 times
05 Wed Feb 2025	37.58	40.00	40.00	36.20	2.143 times
04 Tue Feb 2025	39.50	39.49	39.50	37.55	0.269 times
03 Mon Feb 2025	39.49	39.98	39.98	37.31	0.157 times
31 Fri Jan 2025	39.50	39.71	39.71	39.50	0.036 times

Stock of Sh Steel (ShSteel) has showed a significant upmove. This could be a good time to enter in 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 as stoploss in an intra day buy trade for a target of 38.04. However, stock will show a bearish move below 37.

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	33.37
Downside Intraday Target	29.33
Upside Intraday Target	40.67
Upside Intraday Target	43.93
Downside Intraday Target	36.63

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Thu Feb 2025	37.40	34.20	39.90	32.60	1.091 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
13 Thu Feb 2025	37.40	39.98	40.00	32.60	0.388 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 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 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 losing momentum.

MACD generated a SELL signal for Sh Steel in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sh Steel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 37.45 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.