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

(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 2024-09-19 View latest technical analysis

10 day averaged volume of Shah Alloys is 111728

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	78.97	83.00	83.00	77.15	0.264 times
18 Wed Sep 2024	81.61	79.10	82.50	79.01	0.264 times
17 Tue Sep 2024	78.93	82.73	83.00	78.00	0.332 times
16 Mon Sep 2024	81.84	84.20	84.20	80.25	0.238 times
13 Fri Sep 2024	82.40	81.80	85.00	80.19	0.479 times
12 Thu Sep 2024	79.71	82.25	86.50	78.00	1.191 times
11 Wed Sep 2024	81.89	79.65	82.28	77.29	0.956 times
10 Tue Sep 2024	79.29	82.99	84.80	78.20	1.47 times
09 Mon Sep 2024	82.76	74.04	88.84	72.41	4.388 times
06 Fri Sep 2024	74.04	77.77	79.19	73.10	0.463 times

My analysis of stock is bearish for shortterm, and stock might move down till 77.6 or till 74.9. Use a stoploss of 79.84 and if the stock hits stoploss, then it can shoot up till 82.08

Share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Target	51.95
Downside Target	54.35
Downside Target	56.50
Downside Target	60.15
Downside Target	64.50
Downside Target	69.90
Downside Target	72.41
Downside Target	77.00
Upside Target	82.86
Upside Target	85.00
Upside Target	87.80
Upside Target	88.84

Intraday share price targets for Shah Alloys (SHAHALLOYS)

Target Type	Value
Downside Intraday Target	76.01
Downside Intraday Target	73.06
Upside Intraday Target	83.06
Upside Intraday Target	87.16
Upside Intraday Target	80.11

Weekly technical analysis of Shah Alloys (SHAHALLOYS)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	78.97	84.20	84.20	77.15	0.129 times
13 Fri Sep 2024	82.40	74.04	88.84	72.41	6.038 times
06 Fri Sep 2024	74.04	82.86	82.86	73.10	0.7 times
30 Fri Aug 2024	78.57	85.00	85.00	77.00	0.102 times
23 Fri Aug 2024	83.02	61.53	87.80	60.15	12.541 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
19 Thu Sep 2024	78.97	82.86	88.84	72.41	0.333 times
30 Fri Aug 2024	78.57	59.00	87.80	54.35	6.956 times
31 Wed Jul 2024	58.15	63.33	64.50	57.49	0.633 times
28 Fri Jun 2024	62.09	59.70	74.00	51.95	2.866 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 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 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 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 losing momentum.

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

Shah Alloys 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 getting stronger in this stock.

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 SELL signal for Shah Alloys 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 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 81.11 and Shah Alloys (SHAHALLOYS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 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.