(SHAHALLOYS) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS) share price targets
Complete technical analysis of Shah Alloys (SHAHALLOYS) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS)
Shah Alloys trades in NSE in Iron & Steel sector.
Showing technical analysis as on 2024-01-29 View latest technical analysis
10 day averaged volume of Shah Alloys is 83590
Date | Daily Closing Price | Open | High | Low | Volume |
29 Mon Jan 2024 | 75.50 | 79.50 | 82.45 | 74.65 | 0.52 times |
25 Thu Jan 2024 | 78.55 | 75.80 | 78.60 | 75.00 | 0.364 times |
24 Wed Jan 2024 | 74.90 | 74.80 | 78.70 | 74.80 | 0.862 times |
23 Tue Jan 2024 | 78.70 | 85.90 | 85.90 | 78.70 | 0.43 times |
22 Mon Jan 2024 | 82.80 | 87.75 | 88.00 | 82.60 | 0.682 times |
19 Fri Jan 2024 | 86.95 | 88.70 | 89.35 | 85.00 | 0.767 times |
18 Thu Jan 2024 | 85.10 | 81.00 | 85.10 | 78.25 | 0.549 times |
17 Wed Jan 2024 | 81.05 | 81.95 | 84.00 | 80.25 | 0.712 times |
16 Tue Jan 2024 | 84.15 | 89.00 | 89.00 | 82.15 | 0.865 times |
15 Mon Jan 2024 | 86.45 | 90.00 | 90.00 | 83.20 | 0.899 times |
My analysis of stock is bearish for shortterm, and stock might move down till 68.5 or till 57.8. Use a stoploss of 77.43 and if the stock hits stoploss, then it can shoot up till 86.34
Share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Target | 43.05 |
Downside Target | 48.50 |
Downside Target | 50.70 |
Downside Target | 54.50 |
Downside Target | 59.40 |
Downside Target | 61.90 |
Downside Target | 63.50 |
Downside Target | 67.00 |
Downside Target | 68.65 |
Downside Target | 72.80 |
Downside Target | 74.65 |
Upside Target | 78.25 |
Upside Target | 82.45 |
Upside Target | 88.00 |
Upside Target | 90.00 |
Upside Target | 94.25 |
Intraday share price targets for Shah Alloys (SHAHALLOYS)
Target Type | Value |
Downside Intraday Target | 72.62 |
Downside Intraday Target | 69.73 |
Upside Intraday Target | 80.42 |
Upside Intraday Target | 85.33 |
Upside Intraday Target | 77.53 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Mon Jan 2024 | 75.50 | 79.50 | 82.45 | 74.65 | 0.222 times |
25 Thu Jan 2024 | 78.55 | 87.75 | 88.00 | 74.80 | 0.617 times |
19 Fri Jan 2024 | 86.95 | 90.00 | 90.00 | 78.25 | 0.273 times |
12 Fri Jan 2024 | 86.65 | 65.70 | 94.25 | 63.85 | 8.188 times |
05 Fri Jan 2024 | 65.00 | 61.80 | 67.00 | 59.40 | 0.442 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 Alloys (SHAHALLOYS)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Mon Jan 2024 | 75.50 | 61.80 | 94.25 | 59.40 | 5.791 times |
29 Fri Dec 2023 | 63.80 | 72.00 | 72.80 | 61.90 | 0.398 times |
22 Fri Sep 2023 | 56.05 | 56.30 | 68.65 | 54.50 | 0.763 times |
31 Thu Aug 2023 | 54.50 | 50.25 | 63.50 | 48.50 | 1.727 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shah Alloys (SHAHALLOYS)
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Alloys ( (SHAHALLOYS) ) 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 Alloys ( (SHAHALLOYS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Alloys stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
Shah Alloys 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 coming down
CCI has generated a buy signal for Shah Alloys in short term but BUY signal is weak.
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 Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.86 and Shah Alloys (SHAHALLOYS) 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 Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.
Shah Alloys 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.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Alloys ( (SHAHALLOYS) ) 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 Alloys ( (SHAHALLOYS) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Shah Alloys ( (SHAHALLOYS) ) 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 Alloys stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
Shah Alloys 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 coming down
CCI has generated a buy signal for Shah Alloys in short term but BUY signal is weak.
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 Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.86 and Shah Alloys (SHAHALLOYS) 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 Alloys (SHAHALLOYS) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS) stock is negative.
Shah Alloys 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.
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Daily charts
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