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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 2025-01-21 View latest technical analysis

10 day averaged volume of Shah Alloys is 1305

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	67.55	68.26	68.26	65.15	2.977 times
20 Mon Jan 2025	65.01	64.40	65.15	64.40	1.844 times
17 Fri Jan 2025	62.05	62.60	62.60	62.05	0.046 times
16 Thu Jan 2025	62.05	62.99	62.99	61.73	1.222 times
15 Wed Jan 2025	62.99	61.00	62.99	61.00	1.765 times
14 Tue Jan 2025	61.98	63.25	63.25	61.98	0.234 times
13 Mon Jan 2025	63.25	64.00	64.00	63.25	0.347 times
10 Fri Jan 2025	64.40	65.70	65.70	64.40	1.309 times
09 Thu Jan 2025	65.70	65.66	65.70	65.66	0.218 times
08 Wed Jan 2025	67.00	66.00	67.26	66.00	2.874 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 68.3 as stoploss in an intra day sell trade for a target of 65.97. However, stock will show a bullish move above 68.3.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	61.00
Downside Target	63.75
Downside Target	66.00
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	65.21
Downside Intraday Target	62.88
Upside Intraday Target	69.07
Upside Intraday Target	70.6
Downside Intraday Target	66.74

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	67.55	64.40	68.26	64.40	1.334 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
21 Tue Jan 2025	67.55	67.30	68.64	61.00	0.201 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 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 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 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 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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

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 65.32 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.