(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)
10 day averaged volume of Shah Alloys is 13279
Date | Daily Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 58.95 | 59.40 | 61.40 | 58.00 | 0.699 times |
15 Mon Apr 2024 | 59.40 | 60.00 | 61.00 | 59.15 | 0.841 times |
12 Fri Apr 2024 | 61.75 | 62.60 | 64.00 | 60.60 | 0.909 times |
10 Wed Apr 2024 | 62.70 | 66.80 | 66.80 | 61.25 | 0.544 times |
09 Tue Apr 2024 | 63.80 | 66.90 | 66.90 | 63.30 | 0.512 times |
08 Mon Apr 2024 | 66.20 | 67.50 | 68.95 | 65.00 | 0.593 times |
05 Fri Apr 2024 | 66.50 | 68.45 | 68.45 | 66.00 | 0.397 times |
04 Thu Apr 2024 | 65.45 | 64.95 | 67.85 | 64.00 | 1.808 times |
03 Wed Apr 2024 | 64.95 | 68.10 | 68.10 | 64.20 | 1.226 times |
02 Tue Apr 2024 | 65.05 | 62.35 | 65.45 | 62.35 | 2.045 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.3 as stoploss in an intra day buy trade for a target of 60.82. However, stock will show a bearish move below 57.3.
Share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Target | 53.75 |
Downside Target | 55.00 |
Downside Target | 57.00 |
Upside Target | 60.60 |
Upside Target | 67.00 |
Upside Target | 68.45 |
Upside Target | 68.50 |
Upside Target | 68.95 |
Upside Target | 74.25 |
Upside Target | 80.60 |
Upside Target | 84.90 |
Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Intraday Target | 57.5 |
Downside Intraday Target | 56.05 |
Upside Intraday Target | 60.9 |
Upside Intraday Target | 62.85 |
Upside Intraday Target | 59.45 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 58.95 | 60.00 | 61.40 | 58.00 | 0.602 times |
12 Fri Apr 2024 | 61.75 | 67.50 | 68.95 | 60.60 | 0.388 times |
05 Fri Apr 2024 | 66.50 | 59.40 | 68.45 | 58.20 | 0.988 times |
28 Thu Mar 2024 | 59.40 | 60.00 | 61.15 | 57.00 | 0.569 times |
22 Fri Mar 2024 | 60.05 | 58.50 | 60.80 | 55.00 | 2.096 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_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
16 Tue Apr 2024 | 58.95 | 59.40 | 68.95 | 58.00 | 0.334 times |
28 Thu Mar 2024 | 59.40 | 68.00 | 68.50 | 55.00 | 0.99 times |
29 Thu Feb 2024 | 65.60 | 74.10 | 84.90 | 62.50 | 43.126 times |
31 Wed Jan 2024 | 75.80 | 78.00 | 80.60 | 74.25 | 0.017 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 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 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_BE) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
Shah Alloys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 63.79 and Shah Alloys (SHAHALLOYS_BE) 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_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.
Price action analysis of Shah Alloys ( (SHAHALLOYS_BE) ) 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_BE) ) 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_BE) ) based on a short to mid 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
Shah Alloys Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 Alloys is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 63.79 and Shah Alloys (SHAHALLOYS_BE) 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_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.
Click here for Shah Alloys charts
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Daily charts
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