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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 2024-12-09 View latest technical analysis

10 day averaged volume of Shah Metacorp is 232732

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	4.50	4.22	4.50	4.22	2.031 times
06 Fri Dec 2024	4.29	4.37	4.37	4.29	2.379 times
05 Thu Dec 2024	4.37	4.41	4.41	4.37	0.872 times
04 Wed Dec 2024	4.46	4.51	4.51	4.46	1.214 times
03 Tue Dec 2024	4.50	4.50	4.50	4.50	1.401 times
02 Mon Dec 2024	4.50	4.50	4.50	4.44	2.289 times
29 Fri Nov 2024	4.42	4.42	4.42	4.42	0.121 times
28 Thu Nov 2024	4.34	4.34	4.34	4.34	1.014 times
27 Wed Nov 2024	4.26	4.26	4.26	4.26	0.222 times
26 Tue Nov 2024	4.18	4.18	4.18	4.18	0.195 times

Stock of Shah Metacorp (SHAH_BE) has showed a significant upmove. This could be a good time to enter in this stock!

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 4.6 as stoploss in an intra day sell trade for a target of 4.37. However, stock will show a bullish move above 4.6.

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	4.02
Downside Target	4.22
Downside Target	4.38
Upside Target	4.51
Upside Target	4.68
Upside Target	4.90
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	4.31
Downside Intraday Target	4.13
Upside Intraday Target	4.59
Upside Intraday Target	4.69
Downside Intraday Target	4.41

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	4.50	4.22	4.50	4.22	0.249 times
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

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
09 Mon Dec 2024	4.50	4.50	4.51	4.22	0.569 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 up 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 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 BUY. Signal strength is Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and BUY 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 4.42 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 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.