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(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 2024-04-04 View latest technical analysis

10 day averaged volume of Shah Alloys is 2031

Date Daily Closing Price Open High Low Volume
04 Thu Apr 2024 66.97 69.24 69.24 65.05 3.557 times
03 Wed Apr 2024 66.02 67.00 67.27 66.02 0.158 times
02 Tue Apr 2024 64.07 64.05 64.07 64.00 0.764 times
01 Mon Apr 2024 61.02 60.40 61.02 60.40 0.258 times
28 Thu Mar 2024 58.12 59.50 62.47 58.00 1.952 times
27 Wed Mar 2024 59.50 60.00 60.64 59.50 1.607 times
26 Tue Mar 2024 57.76 60.10 62.01 57.76 2.962 times
22 Fri Mar 2024 60.79 59.00 60.79 59.00 0.175 times
21 Thu Mar 2024 57.90 58.00 58.00 56.75 0.984 times
20 Wed Mar 2024 57.00 58.00 59.70 57.00 0.163 times

Stock of Shah Alloys (ShahAlloys) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.4, but if it comes below 64.4, then a intra day sell could be more profitable.
If you take a sell trade below 64.4, then use 64.4 as stoploss and 60.73 as target. However if you take a buy trade in stock , then use 64.4 as stoploss and 68.7 as target.

Share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Target 54.00
Downside Target 57.76
Downside Target 60.00
Downside Target 63.84
Upside Target 67.52
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 61.83
Downside Intraday Target 56.7
Upside Intraday Target 70.67
Upside Intraday Target 74.38
Downside Intraday Target 65.54

Weekly technical analysis of Shah Alloys (ShahAlloys)

Date Weekly Closing Price Open High Low Volume
04 Thu Apr 2024 66.97 60.40 69.24 60.40 0.727 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
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

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
04 Thu Apr 2024 66.97 60.40 69.24 60.40 0.292 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.

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 stronger in this stock.

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 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 61.24 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 rising upwards.

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 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) ) 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.

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 stronger in this stock.

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 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 61.24 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 rising upwards.

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 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.

Click here for Shah Alloys charts

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Daily charts

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