Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

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)

10 day averaged volume of Shah Alloys is 2561

Date Daily Closing Price Open High Low Volume
16 Tue Apr 2024 59.96 59.90 60.00 59.50 0.195 times
15 Mon Apr 2024 60.00 59.87 60.17 59.87 0.278 times
12 Fri Apr 2024 61.40 63.00 64.45 61.25 2.84 times
10 Wed Apr 2024 63.30 64.55 64.55 61.28 1.197 times
09 Tue Apr 2024 64.50 64.50 66.90 64.05 0.231 times
08 Mon Apr 2024 66.08 67.20 68.75 66.00 0.748 times
05 Fri Apr 2024 67.20 66.90 68.80 66.90 0.947 times
04 Thu Apr 2024 66.97 69.24 69.24 65.05 2.821 times
03 Wed Apr 2024 66.02 67.00 67.27 66.02 0.125 times
02 Tue Apr 2024 64.07 64.05 64.07 64.00 0.606 times

My analysis of stock is bearish for shortterm, and stock might move down till 57.6 or till 53.3. Use a stoploss of 61.11 and if the stock hits stoploss, then it can shoot up till 64.67

Share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Target 54.00
Downside Target 57.76
Downside Target 59.50
Upside Target 63.84
Upside Target 67.52
Upside Target 68.75
Upside Target 69.24
Upside Target 72.79
Upside Target 83.84
Upside Target 94.00

Intraday share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Intraday Target 59.58
Downside Intraday Target 59.21
Upside Intraday Target 60.25
Upside Intraday Target 60.55
Downside Intraday Target 59.88

Weekly technical analysis of Shah Alloys (ShahAlloys)

Date Weekly Closing Price Open High Low Volume
16 Tue Apr 2024 59.96 59.87 60.17 59.50 0.094 times
12 Fri Apr 2024 61.40 67.20 68.75 61.25 1.066 times
05 Fri Apr 2024 67.20 60.40 69.24 60.40 0.91 times
28 Thu Mar 2024 58.12 60.10 62.47 57.76 1.992 times
22 Fri Mar 2024 60.79 58.80 60.79 55.11 1.268 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
16 Tue Apr 2024 59.96 60.40 69.24 59.50 0.792 times
28 Thu Mar 2024 58.12 65.15 67.52 54.96 0.333 times
29 Thu Feb 2024 67.90 74.00 83.84 63.84 0.232 times
31 Wed Jan 2024 76.95 63.33 94.00 60.00 2.481 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 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 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) ) 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.

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 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 64.33 and Shah Alloys (ShahAlloys) 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) stock. Volume based technical analysis of Shah Alloys (ShahAlloys) 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) ) 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 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 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) ) 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.

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 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 64.33 and Shah Alloys (ShahAlloys) 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) stock. Volume based technical analysis of Shah Alloys (ShahAlloys) 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

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme