(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 2026-02-03 View latest technical analysis
10 day averaged volume of Sh Steel is 1221
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Feb 2026 | 18.42 | 20.55 | 20.55 | 18.00 | 3.876 times |
| 02 Mon Feb 2026 | 20.10 | 21.15 | 21.15 | 20.10 | 0.174 times |
| 01 Sun Feb 2026 | 20.00 | 23.90 | 23.90 | 18.95 | 0.272 times |
| 30 Fri Jan 2026 | 19.95 | 20.43 | 20.43 | 19.00 | 0.306 times |
| 29 Thu Jan 2026 | 20.83 | 21.45 | 21.45 | 18.90 | 2.835 times |
| 28 Wed Jan 2026 | 20.80 | 21.69 | 21.69 | 20.80 | 3.514 times |
| 27 Tue Jan 2026 | 20.82 | 21.00 | 21.90 | 20.70 | 0.883 times |
| 23 Fri Jan 2026 | 21.30 | 21.45 | 21.45 | 21.30 | 0.802 times |
| 22 Thu Jan 2026 | 20.18 | 22.98 | 22.98 | 18.85 | 0.271 times |
| 21 Wed Jan 2026 | 21.51 | 23.49 | 23.49 | 21.10 | 0.622 times |
Stock of Sh Steel (ShSteel) has showed a significant fall. This could be a good time to exit from this stock.
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 18, for a target of 20.1 or 21.85
Share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Target | 18.00 |
| Upside Target | 18.85 |
| Upside Target | 21.66 |
| Upside Target | 22.60 |
| Upside Target | 23.60 |
| Upside Target | 24.75 |
| Upside Target | 26.00 |
| Upside Target | 27.99 |
| Upside Target | 32.40 |
| Upside Target | 32.53 |
Intraday share price targets for Sh Steel (ShSteel)
| Target Type | Value |
| Downside Intraday Target | 16.31 |
| Downside Intraday Target | 14.21 |
| Upside Intraday Target | 22.21 |
| Upside Intraday Target | 26.01 |
| Upside Intraday Target | 20.11 |
Weekly technical analysis of Sh Steel (ShSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Feb 2026 | 18.42 | 23.90 | 23.90 | 18.00 | 0.573 times |
| 30 Fri Jan 2026 | 19.95 | 21.00 | 21.90 | 18.90 | 2.515 times |
| 23 Fri Jan 2026 | 21.30 | 22.05 | 23.60 | 18.85 | 0.534 times |
| 16 Fri Jan 2026 | 21.67 | 23.00 | 24.30 | 21.66 | 0.678 times |
| 09 Fri Jan 2026 | 24.47 | 22.65 | 26.00 | 22.60 | 3.235 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 |
| 03 Tue Feb 2026 | 18.42 | 23.90 | 23.90 | 18.00 | 0.166 times |
| 30 Fri Jan 2026 | 19.95 | 24.90 | 26.00 | 18.85 | 1.064 times |
| 31 Wed Dec 2025 | 24.51 | 27.89 | 27.99 | 23.05 | 0.977 times |
| 28 Fri Nov 2025 | 25.53 | 29.10 | 32.53 | 24.75 | 0.612 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 20.13 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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
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 20.13 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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