(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 9887
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 69.21 | 66.06 | 69.21 | 66.06 | 1.365 times |
| 18 Mon Nov 2024 | 65.92 | 68.50 | 68.50 | 63.75 | 1.505 times |
| 14 Thu Nov 2024 | 66.37 | 67.93 | 68.70 | 65.00 | 0.561 times |
| 13 Wed Nov 2024 | 67.93 | 68.10 | 70.95 | 67.48 | 1.977 times |
| 12 Tue Nov 2024 | 71.04 | 73.00 | 74.75 | 70.60 | 0.499 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 68.8 as stoploss in an intra day buy trade for a target of 71.71. However, stock will show a bearish move below 68.8.
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 | 73.50 |
| 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 | 65.57 |
| Downside Intraday Target | 61.93 |
| Upside Intraday Target | 71.03 |
| Upside Intraday Target | 72.85 |
| Downside Intraday Target | 67.39 |
Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Tue Nov 2024 | 69.21 | 68.50 | 69.21 | 63.75 | 0.845 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 | 1.975 times |
| 01 Fri Nov 2024 | 73.75 | 67.15 | 74.74 | 67.15 | 1.078 times |
| 30 Wed Oct 2024 | 70.28 | 68.25 | 73.50 | 67.15 | 0.381 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 |
| 19 Tue Nov 2024 | 69.21 | 70.02 | 79.99 | 63.75 | 0.279 times |
| 31 Thu Oct 2024 | 71.94 | 92.39 | 92.39 | 67.15 | 8.86 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 |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 14, 30, 37 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 19 | Sell |
| CCI | -69 | Buy |
| RSI | 66 | Buy |
| OBV | -27836 | Sell |
| VWAP | 71 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 Strong and stock is losing 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 weakening, and bulls 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 but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 70.98 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.
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