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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 2026-01-23 View latest technical analysis

10 day averaged volume of Sh Steel is 1599

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Jan 2026	21.30	21.45	21.45	21.30	0.612 times
22 Thu Jan 2026	20.18	22.98	22.98	18.85	0.207 times
21 Wed Jan 2026	21.51	23.49	23.49	21.10	0.475 times
20 Tue Jan 2026	22.80	23.60	23.60	22.09	0.246 times
19 Mon Jan 2026	22.80	22.05	22.85	22.05	0.748 times
16 Fri Jan 2026	21.67	22.90	22.90	21.66	1.49 times
14 Wed Jan 2026	21.66	23.74	23.74	21.66	0.415 times
13 Tue Jan 2026	23.09	23.00	23.97	22.31	1.094 times
12 Mon Jan 2026	22.83	23.00	24.30	22.65	1.287 times
09 Fri Jan 2026	24.47	24.49	24.80	22.60	0.428 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 20.3 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 23.26 as target.

Share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Target	18.85
Upside Target	21.66
Upside Target	22.60
Upside Target	24.30
Upside Target	25.28
Upside Target	26.00
Upside Target	26.87
Upside Target	27.99
Upside Target	32.40
Upside Target	32.50
Upside Target	32.53

Intraday share price targets for Sh Steel (ShSteel)

Target Type	Value
Downside Intraday Target	18.9
Downside Intraday Target	16.5
Upside Intraday Target	23.65
Upside Intraday Target	26
Downside Intraday Target	21.25

Weekly technical analysis of Sh Steel (ShSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
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
02 Fri Jan 2026	23.10	24.41	25.39	22.05	0.24 times
26 Fri Dec 2025	24.41	26.87	26.87	23.20	1.65 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
23 Fri Jan 2026	21.30	24.90	26.00	18.85	0.755 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
31 Fri Oct 2025	28.90	27.45	32.40	24.75	1.12 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 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.

Sh Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 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 22.35 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.