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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 9096

Date Daily Closing Price Open High Low Volume
04 Mon Nov 2024 72.61 72.00 74.95 72.00 0.822 times
01 Fri Nov 2024 73.75 70.02 74.74 70.02 1.374 times
31 Thu Oct 2024 71.94 70.30 72.40 68.20 0.313 times
30 Wed Oct 2024 70.28 67.15 72.70 67.15 0.783 times
29 Tue Oct 2024 70.11 68.50 73.50 68.50 0.534 times
28 Mon Oct 2024 71.24 68.25 73.00 68.25 0.974 times
25 Fri Oct 2024 71.45 74.50 74.50 71.05 1.034 times
24 Thu Oct 2024 74.48 73.68 75.00 72.50 1.354 times
23 Wed Oct 2024 73.68 70.95 74.50 68.30 1.001 times
22 Tue Oct 2024 71.52 74.00 74.85 71.36 1.499 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 71.3 as stoploss in an intra day buy trade for a target of 76.19. However, stock will show a bearish move below 71.3.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type Value
Downside Target 55.00
Downside Target 58.00
Downside Target 67.15
Downside Target 72.00
Upside Target 73.97
Upside Target 77.75
Upside Target 80.49
Upside Target 84.92
Upside Target 87.60
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 71.42
Downside Intraday Target 70.24
Upside Intraday Target 74.37
Upside Intraday Target 76.14
Upside Intraday Target 73.19

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date Weekly Closing Price Open High Low Volume
04 Mon Nov 2024 72.61 72.00 74.95 72.00 0.207 times
01 Fri Nov 2024 73.75 68.25 74.74 67.15 0.661 times
25 Fri Oct 2024 71.45 77.75 77.75 68.30 0.763 times
18 Fri Oct 2024 76.50 82.84 84.92 73.97 0.667 times
11 Fri Oct 2024 82.84 87.60 87.60 80.49 0.615 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
04 Mon Nov 2024 72.61 70.02 74.95 70.02 0.048 times
31 Thu Oct 2024 71.94 92.39 92.39 67.15 8.712 times
30 Mon Sep 2024 97.26 107.40 107.40 97.26 0.276 times
22 Mon Apr 2024 64.35 59.40 68.95 58.00 0.41 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

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

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 72.37 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

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

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 72.37 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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