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

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

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

Showing technical analysis as on 2024-11-27 View latest technical analysis

10 day averaged volume of Shah Alloys is 8254

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	70.36	70.10	72.00	69.50	0.441 times
26 Tue Nov 2024	70.08	72.00	72.00	70.00	0.341 times
25 Mon Nov 2024	71.06	72.00	72.80	70.10	0.591 times
22 Fri Nov 2024	69.99	72.00	72.00	69.05	0.408 times
21 Thu Nov 2024	70.31	72.30	72.30	68.10	1.154 times
19 Tue Nov 2024	69.21	66.06	69.21	66.06	1.635 times
18 Mon Nov 2024	65.92	68.50	68.50	63.75	1.803 times
14 Thu Nov 2024	66.37	67.93	68.70	65.00	0.672 times
13 Wed Nov 2024	67.93	68.10	70.95	67.48	2.369 times
12 Tue Nov 2024	71.04	73.00	74.75	70.60	0.597 times

My analysis of stock is bearish for shortterm, and stock might move down till 68.4 or till 65. Use a stoploss of 71.24 and if the stock hits stoploss, then it can shoot up till 74.09

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	55.00
Downside Target	58.00
Downside Target	63.75
Downside Target	67.15
Downside Target	68.50
Upside Target	72.30
Upside Target	74.74
Upside Target	74.80
Upside Target	79.99
Upside Target	92.39
Upside Target	97.26
Upside Target	107.40

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	68.97
Downside Intraday Target	67.59
Upside Intraday Target	72.27
Upside Intraday Target	74.19
Upside Intraday Target	70.89

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	70.36	72.00	72.80	69.50	0.275 times
22 Fri Nov 2024	69.99	68.50	72.30	63.75	1.229 times
14 Thu Nov 2024	66.37	72.50	74.80	65.00	0.757 times
08 Fri Nov 2024	75.23	72.00	79.99	70.05	1.227 times
01 Fri Nov 2024	73.75	68.25	74.74	67.15	0.661 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	70.36	70.02	79.99	63.75	0.342 times
31 Thu Oct 2024	71.94	92.39	92.39	67.15	8.712 times
30 Mon Sep 2024	97.26	107.40	107.40	97.26	0.276 times
22 Mon Apr 2024	64.35	59.40	68.95	58.00	0.41 times

Scroll below to view daily charts

Price has moved down 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_BE)

Price action analysis of Shah Alloys ( (SHAHALLOYS_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 Alloys ( (SHAHALLOYS_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 Alloys ( (SHAHALLOYS_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 Alloys stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Shah Alloys in short term but SELL 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 68.58 and Shah Alloys (SHAHALLOYS_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shah Alloys (SHAHALLOYS_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.

Shah Alloys 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.