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(SHAILY) Shaily Eng complete technical analysis [charts+indicators] | Buy/Sell Shaily Eng | (SHAILY) share price targets

Complete technical analysis of Shaily Eng (SHAILY) by charts plus indicators, forecast predictions and share price targets for Shaily Eng (SHAILY)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Shaily Eng is 46122

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	635.65	618.70	645.15	612.20	1.08 times
30 Thu May 2024	619.40	633.00	638.20	610.35	0.55 times
29 Wed May 2024	631.20	620.00	643.40	615.55	1.644 times
28 Tue May 2024	621.45	651.00	670.00	612.65	1.381 times
27 Mon May 2024	647.60	690.00	692.00	641.20	1.929 times
24 Fri May 2024	669.95	659.60	678.00	659.60	0.657 times
23 Thu May 2024	663.25	670.00	674.00	660.30	0.478 times
22 Wed May 2024	669.70	657.00	692.10	657.00	1.57 times
21 Tue May 2024	668.75	682.00	682.00	652.80	0.729 times
18 Sat May 2024	674.15	670.05	684.00	667.95	0.113 times

My analysis of stock is bearish for shortterm, and stock might move down till 614.5 or till 582.2. Use a stoploss of 641.48 and if the stock hits stoploss, then it can shoot up till 668.43

Share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Target	312.50
Downside Target	371.15
Downside Target	409.00
Downside Target	451.10
Downside Target	505.40
Downside Target	549.70
Downside Target	565.00
Downside Target	586.00
Downside Target	602.40
Downside Target	630.00
Upside Target	645.10
Upside Target	669.85
Upside Target	685.00
Upside Target	692.00
Upside Target	692.10

Intraday share price targets for Shaily Eng (SHAILY)

Target Type	Value
Downside Intraday Target	600
Downside Intraday Target	564.35
Upside Intraday Target	681.65
Upside Intraday Target	727.65
Upside Intraday Target	646

Weekly technical analysis of Shaily Eng (SHAILY)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	635.65	690.00	692.00	610.35	1.917 times
24 Fri May 2024	669.95	682.00	692.10	652.80	0.497 times
18 Sat May 2024	674.15	609.90	685.00	605.60	0.804 times
10 Fri May 2024	605.55	628.00	630.00	586.00	0.909 times
03 Fri May 2024	618.35	636.85	645.10	602.40	0.397 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 Shaily Eng (SHAILY)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	635.65	639.70	692.10	586.00	0.365 times
30 Tue Apr 2024	634.75	535.00	669.85	505.40	2.043 times
28 Thu Mar 2024	529.95	549.95	565.00	451.10	0.453 times
29 Thu Feb 2024	540.00	396.00	549.70	371.15	1.624 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 Shaily Eng (SHAILY)

Price action analysis of Shaily Eng ( (SHAILY) ) 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 Shaily Eng ( (SHAILY) ) based on a short to mid 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 Shaily Eng ( (SHAILY) ) based on a mid to longer 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.

ADX buy sell signal for Shaily Eng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shaily Eng in short term but the sell signal is initial and weak.

Shaily Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Shaily Eng in short term but BUY signal is weak.

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 Shaily Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 646 and Shaily Eng (SHAILY) 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 Shaily Eng (SHAILY) stock. Volume based technical analysis of Shaily Eng (SHAILY) stock is negative.

Shaily Eng Stock has given negative returns over a short term period. Returns for a longer term period have been positive

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