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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)

10 day averaged volume of Shah Alloys is 6324

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue May 2025	60.48	62.33	62.95	60.02	1.004 times
12 Mon May 2025	61.11	60.00	61.11	60.00	2.039 times
09 Fri May 2025	58.20	57.40	58.20	56.00	0.312 times
08 Thu May 2025	57.83	57.00	58.25	56.26	2.124 times
07 Wed May 2025	56.74	57.49	57.49	54.55	0.172 times
06 Tue May 2025	56.05	59.29	59.29	56.00	0.277 times
05 Mon May 2025	57.15	58.00	58.95	57.15	0.286 times
02 Fri May 2025	58.59	57.25	59.00	57.25	0.148 times
30 Wed Apr 2025	59.61	62.05	62.05	59.25	0.833 times
29 Tue Apr 2025	62.36	60.99	63.31	60.99	1.151 times

My analysis of stock is bullish for shortterm, and stock might move up till 63 or till 66.4. Use a stoploss of 60.28 and if this stock hits its stoploss, then it can fall down till 57.51

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	54.55
Downside Target	55.67
Downside Target	57.25
Downside Target	59.29
Upside Target	62.95
Upside Target	66.00
Upside Target	68.64
Upside Target	72.00
Upside Target	79.99
Upside Target	82.21

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	59.34
Downside Intraday Target	58.19
Upside Intraday Target	62.29
Upside Intraday Target	64.09
Upside Intraday Target	61.14

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue May 2025	60.48	60.00	62.95	60.00	0.96 times
09 Fri May 2025	58.20	58.00	59.29	54.55	0.662 times
02 Fri May 2025	58.59	59.50	63.31	57.25	0.385 times
25 Fri Apr 2025	58.44	72.00	72.00	57.34	3.909 times
31 Fri Jan 2025	62.75	60.15	66.00	55.67	1.15 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
13 Tue May 2025	60.48	57.25	62.95	54.55	0.372 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
31 Tue Dec 2024	67.30	69.45	82.21	66.00	0.636 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 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. Bulls 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 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shah Alloys is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.67 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.