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 2025-01-09 View latest technical analysis

10 day averaged volume of Shah Alloys is 1245

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	65.70	65.66	65.70	65.66	0.228 times
08 Wed Jan 2025	67.00	66.00	67.26	66.00	3.013 times
07 Tue Jan 2025	67.26	68.64	68.64	67.26	0.151 times
06 Mon Jan 2025	68.64	68.64	68.64	68.64	0.01 times
03 Fri Jan 2025	68.64	68.50	68.64	68.50	1.049 times
02 Thu Jan 2025	68.64	68.64	68.64	68.64	0.48 times
01 Wed Jan 2025	67.30	67.30	67.30	67.30	0.194 times
31 Tue Dec 2024	67.30	66.10	67.32	66.10	1.246 times
30 Mon Dec 2024	66.00	66.64	67.00	66.00	1.907 times
27 Fri Dec 2024	66.64	68.00	68.00	66.64	1.399 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 66.4, but if it comes above 66.4, then a intra day buy could be more profitable.
If you take a sell trade below 66.4, then use 66.4 as stoploss and 62.2 as target. However if you take a buy trade in stock , then use 66.4 as stoploss and 69.97 as target.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	63.75
Downside Target	65.66
Upside Target	68.64
Upside Target	70.95
Upside Target	76.20
Upside Target	76.44
Upside Target	79.99
Upside Target	81.90
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	64.69
Downside Intraday Target	63.69
Upside Intraday Target	67.67
Upside Intraday Target	69.65
Upside Intraday Target	66.67

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Jan 2025	65.70	68.64	68.64	65.66	0.698 times
03 Fri Jan 2025	68.64	66.64	68.64	66.00	0.659 times
27 Fri Dec 2024	66.64	69.53	69.53	66.64	0.858 times
20 Fri Dec 2024	70.95	76.44	76.44	70.95	0.589 times
13 Fri Dec 2024	76.44	80.82	81.90	76.20	0.345 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
09 Thu Jan 2025	65.70	67.30	68.64	65.66	0.067 times
31 Tue Dec 2024	67.30	69.45	82.21	66.00	0.636 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

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 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_BE) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 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 67.03 and Shah Alloys (SHAHALLOYS_BE) 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_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.

Shah Alloys 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.