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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 2025-01-20 View latest technical analysis

10 day averaged volume of Shah Alloys is 1066

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	65.01	64.40	65.15	64.40	2.257 times
17 Fri Jan 2025	62.05	62.60	62.60	62.05	0.056 times
16 Thu Jan 2025	62.05	62.99	62.99	61.73	1.496 times
15 Wed Jan 2025	62.99	61.00	62.99	61.00	2.16 times
14 Tue Jan 2025	61.98	63.25	63.25	61.98	0.287 times
13 Mon Jan 2025	63.25	64.00	64.00	63.25	0.425 times
10 Fri Jan 2025	64.40	65.70	65.70	64.40	1.602 times
09 Thu Jan 2025	65.70	65.66	65.70	65.66	0.266 times
08 Wed Jan 2025	67.00	66.00	67.26	66.00	3.519 times
07 Tue Jan 2025	67.26	68.64	68.64	67.26	0.176 times

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

My analysis of stock is bearish for shortterm, and stock might move down till 63.6 or till 60.7. Use a stoploss of 66.07 and if the stock hits stoploss, then it can shoot up till 68.52

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	61.00
Downside Target	63.75
Upside Target	68.64
Upside Target	69.53
Upside 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	64.56
Downside Intraday Target	64.1
Upside Intraday Target	65.31
Upside Intraday Target	65.6
Downside Intraday Target	64.85

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Jan 2025	65.01	64.40	65.15	64.40	0.51 times
17 Fri Jan 2025	62.05	64.00	64.00	61.00	0.794 times
10 Fri Jan 2025	64.40	68.64	68.64	64.40	0.979 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

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
20 Mon Jan 2025	65.01	67.30	68.64	61.00	0.16 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 64.69 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 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.