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(SHAH_BE) Shah Metacorp complete technical analysis [charts+indicators] | Buy/Sell Shah Metacorp | (SHAH_BE) share price targets

Complete technical analysis of Shah Metacorp (SHAH_BE) by charts plus indicators, forecast predictions and share price targets for Shah Metacorp (SHAH_BE)

Showing technical analysis as on 2024-08-09 View latest technical analysis

10 day averaged volume of Shah Metacorp is 777351

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.00	6.00	6.00	6.00	1.754 times
08 Thu Aug 2024	6.32	6.32	6.32	6.32	1.469 times
28 Thu Mar 2024	2.95	3.10	3.10	2.95	0.809 times
27 Wed Mar 2024	3.05	3.20	3.20	3.05	1.272 times
26 Tue Mar 2024	3.20	3.40	3.40	3.10	1.806 times
22 Fri Mar 2024	3.25	3.20	3.25	3.00	0.374 times
21 Thu Mar 2024	3.10	3.05	3.15	3.00	0.644 times
20 Wed Mar 2024	3.00	3.00	3.05	2.90	0.904 times
19 Tue Mar 2024	2.95	3.05	3.10	2.90	0.898 times
18 Mon Mar 2024	3.05	3.10	3.10	2.95	0.751 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 5.6, for a target of 4.5 or 3.61

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	2.90
Downside Target	3.25
Downside Target	3.40
Downside Target	3.75
Downside Target	4.05
Downside Target	4.20
Downside Target	4.35
Downside Target	4.90
Downside Target	5.10
Downside Target	6.00
Upside Target	6.32

Intraday share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Intraday Target	5.89
Downside Intraday Target	5.79
Upside Intraday Target	6.21
Upside Intraday Target	6.43
Upside Intraday Target	6.11

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.00	6.32	6.32	6.00	0.829 times
28 Thu Mar 2024	2.95	3.40	3.40	2.95	1.089 times
22 Fri Mar 2024	3.25	3.10	3.25	2.90	0.814 times
15 Fri Mar 2024	3.05	3.70	3.75	3.00	1.294 times
07 Thu Mar 2024	3.60	4.15	4.20	3.50	0.604 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 Metacorp (SHAH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	6.00	6.32	6.32	6.00	0.195 times
28 Thu Mar 2024	2.95	3.90	4.20	2.90	0.823 times
29 Thu Feb 2024	3.85	4.05	4.05	3.45	0.972 times
31 Wed Jan 2024	4.10	4.15	5.10	4.10	7.606 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 Metacorp (SHAH_BE)

Price action analysis of Shah Metacorp ( (SHAH_BE) ) based on a short 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 Metacorp ( (SHAH_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 Metacorp ( (SHAH_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 Metacorp ( (SHAH_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 Metacorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shah Metacorp in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shah Metacorp 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Metacorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shah Metacorp is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4 and Shah Metacorp (SHAH_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 Metacorp (SHAH_BE) stock. Volume based technical analysis of Shah Metacorp (SHAH_BE) stock is negative.

Shah Metacorp Stock is giving positive 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.