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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 2024-11-28 View latest technical analysis

10 day averaged volume of Shah Metacorp is 184337

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	4.34	4.34	4.34	4.34	1.28 times
27 Wed Nov 2024	4.26	4.26	4.26	4.26	0.28 times
26 Tue Nov 2024	4.18	4.18	4.18	4.18	0.246 times
25 Mon Nov 2024	4.10	4.10	4.10	4.10	0.371 times
22 Fri Nov 2024	4.02	4.05	4.05	4.02	1.135 times
21 Thu Nov 2024	4.11	4.11	4.11	4.11	3.192 times
19 Tue Nov 2024	4.20	4.29	4.29	4.20	1.517 times
18 Mon Nov 2024	4.29	4.29	4.29	4.29	0.795 times
14 Thu Nov 2024	4.38	4.38	4.38	4.38	0.911 times
13 Wed Nov 2024	4.47	4.47	4.47	4.47	0.92 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 4.2 as stoploss in an intra day buy trade for a target of 4.58. However, stock will show a bearish move below 4.2.

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	2.90
Downside Target	4.02
Downside Target	4.20
Downside Target	4.29
Upside Target	4.68
Upside Target	4.90
Upside Target	5.30
Upside Target	5.40
Upside Target	5.41
Upside Target	5.64
Upside Target	6.07
Upside Target	6.85

Intraday share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Intraday Target	4.18
Downside Intraday Target	4.02
Upside Intraday Target	4.42
Upside Intraday Target	4.5
Downside Intraday Target	4.26

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	4.34	4.10	4.34	4.10	0.328 times
22 Fri Nov 2024	4.02	4.29	4.29	4.02	1.675 times
14 Thu Nov 2024	4.38	4.68	4.68	4.38	0.518 times
08 Fri Nov 2024	4.77	5.25	5.30	4.75	0.661 times
01 Fri Nov 2024	5.25	4.63	5.40	4.48	0.651 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
28 Thu Nov 2024	4.34	5.29	5.40	4.02	0.279 times
31 Thu Oct 2024	5.15	5.14	5.64	4.41	1.621 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

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 neutral. A longer time frame might give a better analysis.

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 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shah Metacorp in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4.21 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 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.