(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 2024-03-22 View latest technical analysis
10 day averaged volume of Shah Alloys is 1619
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 60.79 | 59.00 | 60.79 | 59.00 | 0.219 times |
| 21 Thu Mar 2024 | 57.90 | 58.00 | 58.00 | 56.75 | 1.235 times |
| 20 Wed Mar 2024 | 57.00 | 58.00 | 59.70 | 57.00 | 0.205 times |
| 19 Tue Mar 2024 | 56.90 | 55.11 | 57.50 | 55.11 | 1.227 times |
| 18 Mon Mar 2024 | 56.23 | 58.80 | 58.80 | 56.00 | 1.22 times |
| 15 Fri Mar 2024 | 57.47 | 56.00 | 57.95 | 56.00 | 0.24 times |
| 14 Thu Mar 2024 | 56.80 | 54.96 | 57.90 | 54.96 | 1.865 times |
| 13 Wed Mar 2024 | 57.85 | 57.76 | 57.85 | 57.76 | 0.949 times |
| 12 Tue Mar 2024 | 60.80 | 61.50 | 61.50 | 60.80 | 0.183 times |
| 07 Thu Mar 2024 | 64.00 | 63.00 | 64.00 | 62.65 | 0.494 times |
My analysis of stock is bearish for shortterm, and stock might move down till 58 or till 52.2. Use a stoploss of 62.79 and if the stock hits stoploss, then it can shoot up till 67.61
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 49.47 |
| Downside Target | 54.00 |
| Downside Target | 58.60 |
| Downside Target | 60.00 |
| 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 | 57 |
| Downside Intraday Target | 53.22 |
| Upside Intraday Target | 62.68 |
| Upside Intraday Target | 64.58 |
| Downside Intraday Target | 58.9 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 60.79 | 58.80 | 60.79 | 55.11 | 1.268 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 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)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Fri Mar 2024 | 60.79 | 65.15 | 67.52 | 54.96 | 0.199 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 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) ) 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 losing momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.71 and Shah Alloys (ShahAlloys) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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) ) 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 losing momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 57.71 and Shah Alloys (ShahAlloys) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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