(SHAHALLOYS_BE) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS_BE) share price targets
Complete technical analysis of Shah Alloys (SHAHALLOYS_BE) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS_BE)
Showing technical analysis as on 2024-04-03 View latest technical analysis
10 day averaged volume of Shah Alloys is 28675
Date | Daily Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 64.95 | 68.10 | 68.10 | 64.20 | 0.568 times |
02 Tue Apr 2024 | 65.05 | 62.35 | 65.45 | 62.35 | 0.947 times |
01 Mon Apr 2024 | 62.35 | 59.40 | 62.35 | 58.20 | 0.521 times |
28 Thu Mar 2024 | 59.40 | 58.20 | 61.15 | 57.00 | 0.172 times |
27 Wed Mar 2024 | 58.80 | 58.80 | 59.90 | 58.00 | 1.028 times |
26 Tue Mar 2024 | 57.05 | 60.00 | 60.10 | 57.05 | 1.893 times |
22 Fri Mar 2024 | 60.05 | 60.00 | 60.80 | 58.00 | 1.413 times |
21 Thu Mar 2024 | 57.95 | 57.15 | 59.00 | 56.95 | 2.952 times |
20 Wed Mar 2024 | 57.15 | 56.20 | 59.00 | 55.50 | 0.122 times |
19 Tue Mar 2024 | 57.35 | 57.00 | 57.40 | 56.00 | 0.22 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.1, but if it comes below 64.1, then a intra day sell could be more profitable.
If you take a sell trade below 64.1, then use 64.1 as stoploss and 60.52 as target. However if you take a buy trade in stock , then use 64.1 as stoploss and 68.5 as target.
Share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Target | 53.75 |
Downside Target | 55.00 |
Downside Target | 57.00 |
Downside Target | 58.20 |
Downside Target | 60.80 |
Upside Target | 67.00 |
Upside Target | 68.10 |
Upside Target | 68.20 |
Upside Target | 68.50 |
Upside Target | 74.25 |
Upside Target | 80.60 |
Upside Target | 84.90 |
Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Intraday Target | 59.4 |
Downside Intraday Target | 53.85 |
Upside Intraday Target | 69.3 |
Upside Intraday Target | 73.65 |
Downside Intraday Target | 63.75 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 64.95 | 59.40 | 68.10 | 58.20 | 0.658 times |
28 Thu Mar 2024 | 59.40 | 60.00 | 61.15 | 57.00 | 0.569 times |
22 Fri Mar 2024 | 60.05 | 58.50 | 60.80 | 55.00 | 2.096 times |
15 Fri Mar 2024 | 56.00 | 68.00 | 68.00 | 55.00 | 1.338 times |
07 Thu Mar 2024 | 65.90 | 68.20 | 68.20 | 62.00 | 0.634 times |
Price has moved up 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 64.95 | 59.40 | 68.10 | 58.20 | 0.137 times |
28 Thu Mar 2024 | 59.40 | 68.00 | 68.50 | 55.00 | 0.99 times |
29 Thu Feb 2024 | 65.60 | 74.10 | 84.90 | 62.50 | 43.126 times |
31 Wed Jan 2024 | 75.80 | 78.00 | 80.60 | 74.25 | 0.017 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 Shah Alloys (SHAHALLOYS_BE)
Price action analysis of Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys ( (SHAHALLOYS_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a buy signal for Shah Alloys in short term and BUY 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 59.49 and Shah Alloys (SHAHALLOYS_BE) 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 Shah Alloys (SHAHALLOYS_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.
Shah Alloys 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 Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys ( (SHAHALLOYS_BE) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shah Alloys ( (SHAHALLOYS_BE) ) 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 Shah Alloys stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
CCI has generated a buy signal for Shah Alloys in short term and BUY 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 59.49 and Shah Alloys (SHAHALLOYS_BE) 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 Shah Alloys (SHAHALLOYS_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.
Shah Alloys 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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Daily charts
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