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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 2024-12-12 View latest technical analysis

10 day averaged volume of Shah Metacorp is 409196

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	4.30	4.51	4.55	4.30	1.189 times
11 Wed Dec 2024	4.53	4.80	4.80	4.48	2.04 times
10 Tue Dec 2024	4.72	4.69	4.72	4.66	1.521 times
09 Mon Dec 2024	4.50	4.22	4.50	4.22	1.155 times
06 Fri Dec 2024	4.29	4.37	4.37	4.29	1.353 times
05 Thu Dec 2024	4.37	4.41	4.41	4.37	0.496 times
04 Wed Dec 2024	4.46	4.51	4.51	4.46	0.69 times
03 Tue Dec 2024	4.50	4.50	4.50	4.50	0.797 times
02 Mon Dec 2024	4.50	4.50	4.50	4.44	1.302 times
29 Fri Nov 2024	4.42	4.42	4.42	4.42	0.069 times

My analysis of stock is bearish for shortterm, and stock might move down till 4.2 or till 4. Use a stoploss of 4.35 and if the stock hits stoploss, then it can shoot up till 4.52

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	4.02
Downside Target	4.22
Upside Target	4.38
Upside Target	4.51
Upside Target	4.68
Upside Target	4.80
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	4.08
Downside Intraday Target	3.86
Upside Intraday Target	4.66
Upside Intraday Target	5.02
Upside Intraday Target	4.44

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Dec 2024	4.30	4.22	4.80	4.22	1.273 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
12 Thu Dec 2024	4.30	4.50	4.80	4.22	1.035 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 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 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 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 gaining momentum.

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

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 but buying is losing 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 4.48 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.