Mobile app version of munafa.org.in
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SHAH) Shah Metacorp complete technical analysis [charts+indicators] | Buy/Sell Shah Metacorp | (SHAH) share price targets

Complete technical analysis of Shah Metacorp (SHAH) by charts plus indicators, forecast predictions and share price targets for Shah Metacorp (SHAH)

Showing technical analysis as on 2024-05-03 View latest technical analysis

10 day averaged volume of Shah Metacorp is 3007267

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 4.05 4.20 4.20 3.95 1.359 times
02 Thu May 2024 4.20 4.10 4.40 4.00 4.324 times
30 Tue Apr 2024 4.00 3.80 4.05 3.70 1.572 times
29 Mon Apr 2024 3.75 3.85 3.90 3.70 0.275 times
26 Fri Apr 2024 3.80 3.55 3.90 3.50 1.006 times
25 Thu Apr 2024 3.55 3.55 3.60 3.50 0.225 times
24 Wed Apr 2024 3.55 3.60 3.65 3.55 0.297 times
23 Tue Apr 2024 3.60 3.70 3.70 3.60 0.326 times
22 Mon Apr 2024 3.70 3.75 3.75 3.60 0.451 times
19 Fri Apr 2024 3.65 3.60 3.75 3.45 0.764 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 3.9, but if it comes below 3.9, then a intra day sell could be more profitable.
If you take a sell trade below 3.9, then use 3.9 as stoploss and 3.73 as target. However if you take a buy trade in stock , then use 3.9 as stoploss and 4.2 as target.

Share price targets for Shah Metacorp (SHAH)

Target Type Value
Downside Target 2.55
Downside Target 3.10
Downside Target 3.40
Downside Target 3.50
Downside Target 3.65
Downside Target 3.80
Downside Target 3.90
Downside Target 3.95
Upside Target 4.20
Upside Target 4.40
Upside Target 5.50

Intraday share price targets for Shah Metacorp (SHAH)

Target Type Value
Downside Intraday Target 3.7
Downside Intraday Target 3.35
Upside Intraday Target 4.4
Upside Intraday Target 4.75
Upside Intraday Target 4.05

Weekly technical analysis of Shah Metacorp (SHAH)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 4.05 3.85 4.40 3.70 3.268 times
26 Fri Apr 2024 3.80 3.75 3.90 3.50 0.808 times
19 Fri Apr 2024 3.65 3.60 3.80 3.40 0.491 times
12 Fri Apr 2024 3.70 3.65 4.20 3.55 2.255 times
05 Fri Apr 2024 3.55 3.15 3.65 3.10 0.161 times

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

Monthly technical analysis of Shah Metacorp (SHAH)

Date Monthly Closing Price Open High Low Volume
03 Fri May 2024 4.05 4.10 4.40 3.95 0.369 times
30 Tue Apr 2024 4.00 3.15 4.20 3.10 0.335 times
27 Wed Dec 2023 4.75 3.35 5.50 3.10 2.273 times
30 Thu Nov 2023 3.25 2.65 3.50 2.60 2.11 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)

Price action analysis of Shah Metacorp ( (SHAH) ) 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) ) 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) ) based on a short to mid 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) ) 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 Shah Metacorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Metacorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 3.99 and Shah Metacorp (SHAH) 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) stock. Volume based technical analysis of Shah Metacorp (SHAH) stock is negative.

Shah Metacorp Stock is giving positive 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.

Price action analysis of Shah Metacorp ( (SHAH) ) 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) ) 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) ) based on a short to mid 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) ) 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 Shah Metacorp stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Metacorp in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 3.99 and Shah Metacorp (SHAH) 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) stock. Volume based technical analysis of Shah Metacorp (SHAH) stock is negative.

Shah Metacorp Stock is giving positive 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.

Click here for Shah Metacorp charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme