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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 2025-06-10 View latest technical analysis

10 day averaged volume of Shah Alloys is 8690

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Jun 2025	55.45	57.12	57.12	54.55	0.86 times
09 Mon Jun 2025	56.00	54.10	57.00	54.10	0.626 times
06 Fri Jun 2025	54.88	54.10	55.00	54.00	1.36 times
05 Thu Jun 2025	54.07	54.00	55.95	54.00	2.045 times
04 Wed Jun 2025	54.89	53.60	55.00	53.60	0.403 times
03 Tue Jun 2025	54.33	53.50	55.50	53.50	1.138 times
02 Mon Jun 2025	55.20	54.39	55.70	53.10	1.829 times
30 Fri May 2025	55.24	56.00	56.70	54.25	0.996 times
29 Thu May 2025	54.00	56.90	56.90	54.00	0.327 times
28 Wed May 2025	55.28	56.10	57.75	54.15	0.649 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 54.5 as stoploss in an intra day buy trade for a target of 56.59. However, stock will show a bearish move below 54.5.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	53.10
Upside Target	57.12
Upside Target	58.50
Upside Target	58.70
Upside Target	60.50
Upside Target	62.95
Upside Target	66.00
Upside Target	68.64
Upside Target	72.00
Upside Target	82.21

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	53.99
Downside Intraday Target	52.54
Upside Intraday Target	57.01
Upside Intraday Target	58.58
Upside Intraday Target	55.56

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Jun 2025	55.45	54.10	57.12	54.10	0.219 times
06 Fri Jun 2025	54.88	54.39	55.95	53.10	2.044 times
30 Fri May 2025	55.24	57.00	58.50	54.00	0.681 times
23 Fri May 2025	58.20	56.60	60.50	55.10	1.152 times
16 Fri May 2025	59.25	60.00	62.95	58.70	1.831 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
10 Tue Jun 2025	55.45	54.39	57.12	53.10	0.557 times
30 Fri May 2025	55.24	57.25	62.95	54.00	1.193 times
30 Wed Apr 2025	59.61	72.00	72.00	57.34	2.142 times
31 Fri Jan 2025	62.75	67.30	68.64	55.67	0.531 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 neutral. A longer time frame might give a better analysis.

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 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 gaining 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. Bears are weakening, and bulls 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 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 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 54.86 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 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.