(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 9208
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 58.45 | 57.00 | 59.00 | 55.15 | 2.375 times |
29 Wed Nov 2023 | 57.00 | 58.50 | 58.80 | 55.50 | 1.735 times |
28 Tue Nov 2023 | 56.20 | 56.95 | 57.35 | 53.05 | 1.147 times |
24 Fri Nov 2023 | 54.65 | 54.70 | 54.70 | 53.60 | 1.152 times |
23 Thu Nov 2023 | 53.65 | 53.25 | 53.65 | 53.25 | 0.601 times |
22 Wed Nov 2023 | 53.25 | 53.05 | 53.25 | 52.30 | 0.163 times |
21 Tue Nov 2023 | 53.05 | 53.70 | 53.70 | 53.05 | 0.672 times |
20 Mon Nov 2023 | 53.70 | 52.65 | 53.70 | 52.65 | 0.729 times |
17 Fri Nov 2023 | 53.70 | 52.65 | 53.70 | 52.65 | 0.813 times |
16 Thu Nov 2023 | 52.65 | 54.75 | 54.75 | 52.65 | 1.898 times |
Stock of Shah Alloys (SHAHALLOYS_BE) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 57.7, for a target of 55.5 or 53.62
Share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Target | 45.75 |
Downside Target | 50.00 |
Downside Target | 51.25 |
Downside Target | 54.50 |
Downside Target | 54.75 |
Downside Target | 54.90 |
Downside Target | 55.40 |
Downside Target | 57.90 |
Upside Target | 59.00 |
Upside Target | 64.20 |
Upside Target | 64.50 |
Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)
Target Type | Value |
Downside Intraday Target | 54.67 |
Downside Intraday Target | 50.88 |
Upside Intraday Target | 60.62 |
Upside Intraday Target | 62.78 |
Downside Intraday Target | 56.83 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 58.45 | 56.95 | 59.00 | 53.05 | 1.585 times |
24 Fri Nov 2023 | 54.65 | 52.65 | 54.70 | 52.30 | 0.822 times |
17 Fri Nov 2023 | 53.70 | 52.00 | 54.75 | 52.00 | 1.675 times |
10 Fri Nov 2023 | 51.50 | 54.50 | 54.50 | 50.00 | 1.531 times |
03 Fri Nov 2023 | 54.50 | 52.15 | 54.90 | 52.15 | 1.109 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 Alloys (SHAHALLOYS_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 58.45 | 52.80 | 59.00 | 50.00 | 0.728 times |
31 Tue Oct 2023 | 52.80 | 55.55 | 64.50 | 52.15 | 4.232 times |
29 Fri Sep 2023 | 56.80 | 57.80 | 57.90 | 53.30 | 1.15 times |
03 Mon Jan 2022 | 54.25 | 54.50 | 55.40 | 51.25 | 0.022 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_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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Shah Alloys 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 Alloys 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 moving up
CCI has generated a buy signal for Shah Alloys in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 55.33 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 rising upwards.
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 is giving positive 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Shah Alloys 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 Alloys 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 moving up
CCI has generated a buy signal for Shah Alloys in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 55.33 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 rising upwards.
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 is giving positive 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.
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