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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 2024-10-14 View latest technical analysis

10 day averaged volume of Shah Metacorp is 601002

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	4.76	4.90	4.98	4.75	1.174 times
11 Fri Oct 2024	4.79	4.96	5.04	4.75	0.942 times
10 Thu Oct 2024	4.93	4.97	5.19	4.90	1.159 times
09 Wed Oct 2024	5.08	4.88	5.12	4.80	1.68 times
08 Tue Oct 2024	4.88	4.41	4.88	4.41	1.564 times
07 Mon Oct 2024	4.65	4.80	4.90	4.65	1.242 times
04 Fri Oct 2024	4.90	5.01	5.01	4.90	0.977 times
03 Thu Oct 2024	5.00	5.00	5.00	5.00	0.321 times
01 Tue Oct 2024	5.11	5.14	5.14	5.11	0.364 times
30 Mon Sep 2024	5.14	5.24	5.24	5.13	0.728 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.9, but if it comes above 4.9, then a intra day buy could be more profitable.
If you take a sell trade below 4.9, then use 4.9 as stoploss and 4.6 as target. However if you take a buy trade in stock , then use 4.9 as stoploss and 5.02 as target.

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	2.90
Downside Target	3.45
Downside Target	4.05
Downside Target	4.20
Downside Target	4.41
Downside Target	4.75
Upside Target	4.90
Upside Target	5.19
Upside Target	5.24
Upside Target	5.25
Upside Target	5.28
Upside Target	5.41
Upside Target	6.07
Upside Target	6.85

Intraday share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Intraday Target	4.68
Downside Intraday Target	4.6
Upside Intraday Target	4.91
Upside Intraday Target	5.06
Upside Intraday Target	4.83

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	4.76	4.90	4.98	4.75	0.178 times
11 Fri Oct 2024	4.79	4.80	5.19	4.41	2.757 times
04 Fri Oct 2024	4.90	5.24	5.24	4.90	0.639 times
27 Fri Sep 2024	5.24	4.99	5.28	4.99	0.888 times
20 Fri Sep 2024	4.90	5.25	5.25	4.90	0.935 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
14 Mon Oct 2024	4.76	5.14	5.19	4.41	0.617 times
30 Mon Sep 2024	5.14	6.07	6.07	4.90	0.26 times
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

Scroll below to view daily charts

Price has moved down 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shah Metacorp in short term and the sell 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. Bears 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 SELL signal for Shah Metacorp in short term and SELL 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 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 4.9 and Shah Metacorp (SHAH_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 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.