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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 2024-10-16 View latest technical analysis

10 day averaged volume of Shah Metacorp is 613932

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	5.00	4.80	5.00	4.60	1.019 times
15 Tue Oct 2024	4.77	4.90	4.90	4.60	0.777 times
14 Mon Oct 2024	4.76	4.90	4.98	4.75	1.149 times
11 Fri Oct 2024	4.79	4.96	5.04	4.75	0.922 times
10 Thu Oct 2024	4.93	4.97	5.19	4.90	1.134 times
09 Wed Oct 2024	5.08	4.88	5.12	4.80	1.645 times
08 Tue Oct 2024	4.88	4.41	4.88	4.41	1.531 times
07 Mon Oct 2024	4.65	4.80	4.90	4.65	1.216 times
04 Fri Oct 2024	4.90	5.01	5.01	4.90	0.956 times
03 Thu Oct 2024	5.00	5.00	5.00	5.00	0.314 times

My analysis of stock is bullish for shortterm, and stock might move up till 5.2 or till 5.4. Use a stoploss of 4.99 and if this stock hits its stoploss, then it can fall down till 4.83

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	4.60
Downside 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	4.73
Downside Intraday Target	4.47
Upside Intraday Target	5.13
Upside Intraday Target	5.27
Downside Intraday Target	4.87

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	5.00	4.90	5.00	4.60	0.457 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 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
16 Wed Oct 2024	5.00	5.14	5.19	4.41	0.737 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Shah Metacorp in short term and the sell 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 red color and prices are in or above the red cloud Prices appear to be moving up

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

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 4.88 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 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.