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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)

10 day averaged volume of Shah Metacorp is 592660

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	4.29	4.52	4.64	4.24	0.717 times
19 Thu Dec 2024	4.46	4.54	4.59	4.30	0.854 times
18 Wed Dec 2024	4.42	4.21	4.42	4.20	0.92 times
17 Tue Dec 2024	4.21	4.31	4.44	4.15	1.049 times
16 Mon Dec 2024	4.31	4.32	4.42	4.27	0.887 times
13 Fri Dec 2024	4.31	4.20	4.45	4.16	1.277 times
12 Thu Dec 2024	4.30	4.51	4.55	4.30	0.821 times
11 Wed Dec 2024	4.53	4.80	4.80	4.48	1.409 times
10 Tue Dec 2024	4.72	4.69	4.72	4.66	1.05 times
09 Mon Dec 2024	4.50	4.22	4.50	4.22	0.798 times

My analysis of stock is bearish for shortterm, and stock might move down till 4.2 or till 4.1. Use a stoploss of 4.37 and if the stock hits stoploss, then it can shoot up till 4.51

Share price targets for Shah Metacorp (SHAH_BE)

Target Type	Value
Downside Target	4.02
Downside Target	4.29
Upside Target	4.41
Upside Target	4.51
Upside Target	4.64
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	3.87
Upside Intraday Target	4.57
Upside Intraday Target	4.85
Upside Intraday Target	4.36

Weekly technical analysis of Shah Metacorp (SHAH_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	4.29	4.32	4.64	4.15	0.827 times
13 Fri Dec 2024	4.31	4.22	4.80	4.16	1.672 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

Price has moved down 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
20 Fri Dec 2024	4.29	4.50	4.80	4.15	1.846 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, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shah Metacorp ( (SHAH_BE) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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.

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 coming down

CCI has generated a SELL signal for Shah Metacorp in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 4.41 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.