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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 2024-08-30 View latest technical analysis

10 day averaged volume of Shah Metacorp is 1975833

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	6.20	6.20	6.20	6.20	0.064 times
29 Thu Aug 2024	6.33	6.33	6.33	6.33	0.036 times
28 Wed Aug 2024	6.46	6.46	6.46	6.46	0.081 times
27 Tue Aug 2024	6.60	6.60	6.60	6.60	0.174 times
26 Mon Aug 2024	6.74	6.80	6.85	6.27	2.606 times
23 Fri Aug 2024	6.59	6.40	6.59	6.39	0.984 times
22 Thu Aug 2024	6.28	6.20	6.28	6.10	1.299 times
21 Wed Aug 2024	5.99	6.06	6.15	5.90	0.833 times
20 Tue Aug 2024	6.04	6.10	6.15	5.95	1.401 times
19 Mon Aug 2024	5.99	5.70	6.00	5.48	1.467 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 6.8 as stoploss in an intra day sell trade for a target of 5.56. However, stock will show a bullish move above 6.8.

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	2.90
Downside Target	3.40
Downside Target	4.05
Downside Target	4.20
Downside Target	4.35
Downside Target	4.90
Downside Target	5.10
Downside Target	5.41
Downside Target	6.00
Downside Target	6.20
Upside Target	6.27
Upside Target	6.32
Upside Target	6.59
Upside Target	6.85

Intraday share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Intraday Target	5.98
Downside Intraday Target	5.77
Upside Intraday Target	6.63
Upside Intraday Target	7.07
Upside Intraday Target	6.42

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	6.20	6.80	6.85	6.20	0.495 times
23 Fri Aug 2024	6.59	5.70	6.59	5.48	0.783 times
16 Fri Aug 2024	5.72	5.70	6.27	5.41	6.028 times
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

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 Metacorp (SHAH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	6.20	6.32	6.85	5.41	2.747 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, and volume has increased substantially. This means that the move can 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shah Metacorp ( (SHAH_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 Metacorp ( (SHAH_BE) ) based on a short to mid 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 Metacorp ( (SHAH_BE) ) based on a mid to longer 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.

ADX buy sell signal for Shah Metacorp stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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 and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY 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 6.34 and Shah Metacorp (SHAH_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.