(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)
Showing technical analysis as on 2024-03-20 View latest technical analysis
10 day averaged volume of Shah Alloys is 1463
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 57.00 | 58.00 | 59.70 | 57.00 | 0.227 times |
| 19 Tue Mar 2024 | 56.90 | 55.11 | 57.50 | 55.11 | 1.358 times |
| 18 Mon Mar 2024 | 56.23 | 58.80 | 58.80 | 56.00 | 1.35 times |
| 15 Fri Mar 2024 | 57.47 | 56.00 | 57.95 | 56.00 | 0.265 times |
| 14 Thu Mar 2024 | 56.80 | 54.96 | 57.90 | 54.96 | 2.064 times |
| 13 Wed Mar 2024 | 57.85 | 57.76 | 57.85 | 57.76 | 1.051 times |
| 12 Tue Mar 2024 | 60.80 | 61.50 | 61.50 | 60.80 | 0.202 times |
| 07 Thu Mar 2024 | 64.00 | 63.00 | 64.00 | 62.65 | 0.547 times |
| 06 Wed Mar 2024 | 63.23 | 63.00 | 65.00 | 63.00 | 2.634 times |
| 05 Tue Mar 2024 | 65.25 | 64.95 | 65.25 | 63.80 | 0.176 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.8, but if it comes above 58.8, then a intra day buy could be more profitable.
If you take a sell trade below 58.8, then use 58.8 as stoploss and 52.7 as target. However if you take a buy trade in stock , then use 58.8 as stoploss and 63.84 as target.
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 49.47 |
| Downside Target | 54.00 |
| Upside Target | 58.60 |
| Upside Target | 61.50 |
| Upside Target | 67.52 |
| Upside Target | 68.00 |
| Upside Target | 72.49 |
| Upside Target | 72.79 |
| Upside Target | 72.90 |
| Upside Target | 83.84 |
| Upside Target | 94.00 |
Intraday share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Intraday Target | 54.84 |
| Downside Intraday Target | 52.68 |
| Upside Intraday Target | 59.43 |
| Upside Intraday Target | 61.86 |
| Upside Intraday Target | 57.27 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 57.00 | 58.80 | 59.70 | 55.11 | 0.819 times |
| 15 Fri Mar 2024 | 57.47 | 61.50 | 61.50 | 54.96 | 0.965 times |
| 07 Thu Mar 2024 | 64.00 | 67.50 | 67.52 | 62.65 | 0.533 times |
| 02 Sat Mar 2024 | 65.00 | 72.00 | 72.90 | 64.66 | 0.603 times |
| 23 Fri Feb 2024 | 69.50 | 72.16 | 72.49 | 68.00 | 0.543 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 |
| 20 Wed Mar 2024 | 57.00 | 65.15 | 67.52 | 54.96 | 0.175 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 |
| 29 Fri Dec 2023 | 63.33 | 57.80 | 72.79 | 54.00 | 2.261 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)
Price action analysis of Shah Alloys ( (ShahAlloys) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shah Alloys ( (ShahAlloys) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 buy signal for Shah Alloys in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 59.22 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shah Alloys ( (ShahAlloys) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 buy signal for Shah Alloys in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 59.22 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.
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