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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 2024-12-06 View latest technical analysis

10 day averaged volume of Shah Metacorp is 198284

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4.29	4.37	4.37	4.29	2.793 times
05 Thu Dec 2024	4.37	4.41	4.41	4.37	1.023 times
04 Wed Dec 2024	4.46	4.51	4.51	4.46	1.425 times
03 Tue Dec 2024	4.50	4.50	4.50	4.50	1.644 times
02 Mon Dec 2024	4.50	4.50	4.50	4.44	2.686 times
29 Fri Nov 2024	4.42	4.42	4.42	4.42	0.142 times
28 Thu Nov 2024	4.34	4.34	4.34	4.34	1.19 times
27 Wed Nov 2024	4.26	4.26	4.26	4.26	0.26 times
26 Tue Nov 2024	4.18	4.18	4.18	4.18	0.229 times
25 Mon Nov 2024	4.10	4.10	4.10	4.10	0.345 times

Stock of Shah Metacorp (SHAH_BE) has showed a significant fall. This could be a good time to exit from this stock.

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 4.39. However, stock will show a bearish move below 4.2.

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	4.02
Downside Target	4.29
Upside Target	4.38
Upside Target	4.51
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	4.22
Downside Intraday Target	4.14
Upside Intraday Target	4.44
Upside Intraday Target	4.58
Upside Intraday Target	4.36

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4.29	4.50	4.51	4.29	4.418 times
29 Fri Nov 2024	4.42	4.10	4.42	4.10	0.351 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shah Metacorp (SHAH_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Dec 2024	4.29	4.50	4.51	4.29	0.455 times
29 Fri Nov 2024	4.42	5.29	5.40	4.02	0.28 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Shah Metacorp in short term but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

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

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 4.39 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.