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 2025-04-24 View latest technical analysis

10 day averaged volume of Shah Alloys is 8756

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	60.36	61.45	61.45	60.00	0.816 times
22 Tue Apr 2025	64.13	67.51	67.51	64.13	4.689 times
21 Mon Apr 2025	67.51	72.00	72.00	66.22	1.732 times
31 Fri Jan 2025	62.75	63.00	66.00	62.00	0.37 times
30 Thu Jan 2025	63.71	61.34	64.00	60.75	0.262 times
29 Wed Jan 2025	61.35	57.50	61.37	55.67	0.918 times
28 Tue Jan 2025	58.45	57.50	60.00	56.60	0.139 times
27 Mon Jan 2025	59.56	60.15	61.25	59.37	0.61 times
24 Fri Jan 2025	62.50	63.60	64.00	61.65	0.816 times
23 Thu Jan 2025	64.77	61.35	66.95	61.35	0.175 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.9, but if it comes above 60.9, then a intra day buy could be more profitable.
If you take a sell trade below 60.9, then use 60.9 as stoploss and 58.2 as target. However if you take a buy trade in stock , then use 60.9 as stoploss and 63.22 as target.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	55.67
Downside Target	60.00
Upside Target	63.75
Upside Target	66.00
Upside Target	68.26
Upside Target	68.64
Upside Target	72.00
Upside Target	79.99
Upside Target	82.21
Upside Target	92.39

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	56.24
Downside Intraday Target	52.12
Upside Intraday Target	68.24
Upside Intraday Target	76.12
Upside Intraday Target	64.12

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	60.36	72.00	72.00	60.00	3.148 times
31 Fri Jan 2025	62.75	60.15	66.00	55.67	1.15 times
24 Fri Jan 2025	62.50	64.40	68.26	61.35	3.71 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

Price has moved down 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
24 Thu Apr 2025	60.36	72.00	72.00	60.00	1.256 times
31 Fri Jan 2025	62.75	67.30	68.64	55.67	0.531 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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.

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 tired and bears are picking up momentum.

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 positive zone. This is a BUY 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 63.64 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.