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

(SHAHALLOYS) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS) share price targets

Complete technical analysis of Shah Alloys (SHAHALLOYS) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS)

Shah Alloys trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-09-05 View latest technical analysis

10 day averaged volume of Shah Alloys is 74992

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	77.07	78.00	79.90	76.01	0.326 times
04 Wed Sep 2024	77.67	78.25	79.40	75.96	0.293 times
03 Tue Sep 2024	77.73	78.05	80.38	77.23	0.252 times
02 Mon Sep 2024	77.74	82.86	82.86	77.00	0.531 times
30 Fri Aug 2024	78.57	80.58	81.37	77.00	0.228 times
29 Thu Aug 2024	80.05	83.20	84.00	78.71	0.523 times
28 Wed Aug 2024	81.55	82.00	83.18	79.58	0.781 times
27 Tue Aug 2024	80.70	81.60	83.49	79.15	0.53 times
26 Mon Aug 2024	81.26	85.00	85.00	79.85	0.928 times
23 Fri Aug 2024	83.02	80.75	84.89	78.23	1.811 times

My analysis of stock is bullish for shortterm, and stock might move up till 81.8 or till 91.7. Use a stoploss of 73.5 and if this stock hits its stoploss, then it can fall down till 65.25

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	51.95
Downside Target	54.35
Downside Target	56.50
Downside Target	58.81
Downside Target	60.15
Downside Target	64.50
Downside Target	69.90
Downside Target	73.54
Downside Target	75.96
Upside Target	82.86
Upside Target	85.00
Upside Target	87.80

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	74.4
Downside Intraday Target	71.73
Upside Intraday Target	81.3
Upside Intraday Target	85.53
Upside Intraday Target	78.63

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	77.07	82.86	82.86	75.96	0.469 times
30 Fri Aug 2024	78.57	85.00	85.00	77.00	0.102 times
23 Fri Aug 2024	83.02	61.53	87.80	60.15	12.541 times
16 Fri Aug 2024	61.53	63.40	64.78	58.81	0.168 times
09 Fri Aug 2024	65.90	60.49	73.54	54.35	10.299 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 Shah Alloys (SHAHALLOYS)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	77.07	82.86	82.86	75.96	0.029 times
30 Fri Aug 2024	78.57	59.00	87.80	54.35	6.956 times
31 Wed Jul 2024	58.15	63.33	64.50	57.49	0.633 times
28 Fri Jun 2024	62.09	59.70	74.00	51.95	2.866 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 Shah Alloys (SHAHALLOYS)

Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Shah Alloys ( (SHAHALLOYS) ) based on a short to mid 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 Shah Alloys ( (SHAHALLOYS) ) based on a mid to longer 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.

ADX buy sell signal for Shah Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.

Shah Alloys 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Alloys in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shah Alloys is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 80.73 and Shah Alloys (SHAHALLOYS) 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 Shah Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.

Shah Alloys Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.