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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 11209

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	55.91	56.22	57.20	55.00	0.348 times
13 Fri Jun 2025	55.95	56.90	57.20	54.60	2.053 times
12 Thu Jun 2025	56.00	57.00	57.00	55.55	1.019 times
11 Wed Jun 2025	55.98	53.20	56.80	53.20	0.524 times
10 Tue Jun 2025	55.45	57.12	57.12	54.55	0.667 times
09 Mon Jun 2025	56.00	54.10	57.00	54.10	0.485 times
06 Fri Jun 2025	54.88	54.10	55.00	54.00	1.054 times
05 Thu Jun 2025	54.07	54.00	55.95	54.00	1.585 times
04 Wed Jun 2025	54.89	53.60	55.00	53.60	0.312 times
03 Tue Jun 2025	54.33	53.50	55.50	53.50	0.882 times

My analysis of stock is bullish for shortterm, and stock might move up till 57 or till 58.5. Use a stoploss of 55.82 and if this stock hits its stoploss, then it can fall down till 54.6

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	53.10
Upside Target	57.20
Upside Target	57.34
Upside Target	58.50
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	54.87
Downside Intraday Target	53.84
Upside Intraday Target	57.07
Upside Intraday Target	58.24
Upside Intraday Target	56.04

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	55.91	56.22	57.20	55.00	0.073 times
13 Fri Jun 2025	55.95	54.10	57.20	53.20	0.904 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

Price has moved down 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
16 Mon Jun 2025	55.91	54.39	57.20	53.10	0.9 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 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 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 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 55.26 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.