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(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 2024-10-01 View latest technical analysis

10 day averaged volume of Shah Alloys is 12654

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	92.39	92.39	92.39	92.39	1.572 times
30 Mon Sep 2024	97.26	97.26	97.26	97.26	1.137 times
27 Fri Sep 2024	102.38	107.40	107.40	102.38	2.656 times
22 Mon Apr 2024	64.35	64.25	64.35	63.50	1.611 times
19 Fri Apr 2024	61.30	58.40	61.30	58.00	0.751 times
18 Thu Apr 2024	58.40	58.95	60.00	58.10	0.166 times
16 Tue Apr 2024	58.95	59.40	61.40	58.00	0.733 times
15 Mon Apr 2024	59.40	60.00	61.00	59.15	0.883 times
12 Fri Apr 2024	61.75	62.60	64.00	60.60	0.954 times
10 Wed Apr 2024	62.70	66.80	66.80	61.25	0.571 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 95.9, for a target of 80.4 or 67.42

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	55.00
Downside Target	58.00
Downside Target	60.60
Downside Target	68.45
Downside Target	84.90
Downside Target	92.39
Upside Target	97.26
Upside Target	107.40

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	90.77
Downside Intraday Target	89.14
Upside Intraday Target	95.64
Upside Intraday Target	98.88
Upside Intraday Target	94.01

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	92.39	97.26	97.26	92.39	0.635 times
27 Fri Sep 2024	102.38	64.25	107.40	63.50	1.684 times
19 Fri Apr 2024	61.30	60.00	61.40	58.00	0.944 times
12 Fri Apr 2024	61.75	67.50	68.95	60.60	0.388 times
05 Fri Apr 2024	66.50	59.40	68.45	58.20	0.988 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	92.39	92.39	92.39	92.39	0.414 times
30 Mon Sep 2024	97.26	107.40	107.40	97.26	0.276 times
22 Mon Apr 2024	64.35	59.40	68.95	58.00	0.41 times
28 Thu Mar 2024	59.40	68.00	68.50	55.00	0.99 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_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 to mid 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 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 losing momentum.

MACD generated a BUY signal for Shah Alloys 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.

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 79.53 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 positive

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