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

(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 2024-12-05 View latest technical analysis

10 day averaged volume of Shah Alloys is 6610

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	81.47	81.95	82.21	80.00	2.341 times
04 Wed Dec 2024	78.30	77.95	78.31	73.21	2.977 times
03 Tue Dec 2024	74.59	73.80	74.59	69.55	2.013 times
02 Mon Dec 2024	71.04	69.45	73.85	69.15	0.396 times
29 Fri Nov 2024	71.40	69.50	71.95	69.50	0.582 times
28 Thu Nov 2024	71.02	70.30	72.00	70.26	0.369 times
27 Wed Nov 2024	70.36	70.10	72.00	69.50	0.551 times
26 Tue Nov 2024	70.08	72.00	72.00	70.00	0.425 times
25 Mon Nov 2024	71.06	72.00	72.80	70.10	0.739 times
22 Fri Nov 2024	69.99	72.00	72.00	69.05	0.509 times

Stock of Shah Alloys (SHAHALLOYS_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 80.6, for a target of 76 or 72.09

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	58.00
Downside Target	63.75
Downside Target	67.15
Downside Target	68.95
Downside Target	72.30
Downside Target	74.80
Downside Target	79.99
Upside Target	82.21
Upside 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	73.01
Downside Intraday Target	64.55
Upside Intraday Target	86.07
Upside Intraday Target	90.67
Downside Intraday Target	77.61

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	81.47	69.45	82.21	69.15	2.899 times
29 Fri Nov 2024	71.40	72.00	72.80	69.50	0.427 times
22 Fri Nov 2024	69.99	68.50	72.30	63.75	1.229 times
14 Thu Nov 2024	66.37	72.50	74.80	65.00	0.757 times
08 Fri Nov 2024	75.23	72.00	79.99	70.05	1.227 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Thu Dec 2024	81.47	69.45	82.21	69.15	0.342 times
29 Fri Nov 2024	71.40	70.02	79.99	63.75	0.357 times
31 Thu Oct 2024	71.94	92.39	92.39	67.15	8.712 times
30 Mon Sep 2024	97.26	107.40	107.40	97.26	0.276 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 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 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 red color and prices are in or above the red cloud Prices appear to be moving up

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 75.82 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.