(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 2172
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 39.38 | 39.20 | 40.15 | 38.00 | 1.331 times |
| 26 Fri Apr 2024 | 39.43 | 40.50 | 41.00 | 39.20 | 1.017 times |
| 25 Thu Apr 2024 | 39.82 | 39.00 | 40.27 | 39.00 | 0.538 times |
| 24 Wed Apr 2024 | 38.48 | 39.00 | 41.50 | 38.16 | 2.723 times |
| 23 Tue Apr 2024 | 38.45 | 38.25 | 38.45 | 38.25 | 0.029 times |
| 22 Mon Apr 2024 | 38.17 | 36.00 | 38.25 | 36.00 | 2.023 times |
| 19 Fri Apr 2024 | 38.84 | 38.20 | 39.00 | 38.05 | 0.248 times |
| 18 Thu Apr 2024 | 37.54 | 38.04 | 38.80 | 36.85 | 0.547 times |
| 16 Tue Apr 2024 | 37.29 | 36.50 | 37.90 | 36.50 | 0.262 times |
| 15 Mon Apr 2024 | 37.21 | 38.15 | 38.91 | 37.00 | 2.279 times |
My analysis of stock is bullish for shortterm, and stock might move up till 40.4 or till 42.1. Use a stoploss of 39.07 and if this stock hits its stoploss, then it can fall down till 37.7
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 32.81 |
| Downside Target | 34.26 |
| Downside Target | 36.00 |
| Downside Target | 37.30 |
| Downside Target | 39.00 |
| Upside Target | 40.15 |
| Upside Target | 41.50 |
| Upside Target | 43.00 |
| Upside Target | 43.20 |
| Upside Target | 47.70 |
| Upside Target | 47.99 |
| Upside Target | 48.04 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 38.2 |
| Downside Intraday Target | 37.03 |
| Upside Intraday Target | 40.35 |
| Upside Intraday Target | 41.33 |
| Downside Intraday Target | 39.18 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Apr 2024 | 39.38 | 39.20 | 40.15 | 38.00 | 0.21 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 |
| 12 Fri Apr 2024 | 38.15 | 40.35 | 42.00 | 38.15 | 0.099 times |
| 05 Fri Apr 2024 | 40.35 | 38.80 | 43.00 | 36.50 | 5.539 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 |
| 29 Mon Apr 2024 | 39.38 | 38.80 | 43.00 | 36.00 | 0.581 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 |
| 31 Wed Jan 2024 | 39.50 | 37.40 | 47.70 | 36.45 | 0.527 times |
Scroll below to view daily charts
Price has moved up 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term but SELL signal is weak.
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 38.36 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Price action analysis of Sh Steel ( (ShSteel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Sh Steel in short term and the buy 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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Sh Steel in short term but SELL signal is weak.
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 38.36 and Sh Steel (ShSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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