(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 2024-04-05 View latest technical analysis
10 day averaged volume of Shah Alloys is 2555
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 67.20 | 66.90 | 68.80 | 66.90 | 0.949 times |
| 04 Thu Apr 2024 | 66.97 | 69.24 | 69.24 | 65.05 | 2.828 times |
| 03 Wed Apr 2024 | 66.02 | 67.00 | 67.27 | 66.02 | 0.126 times |
| 02 Tue Apr 2024 | 64.07 | 64.05 | 64.07 | 64.00 | 0.607 times |
| 01 Mon Apr 2024 | 61.02 | 60.40 | 61.02 | 60.40 | 0.205 times |
| 28 Thu Mar 2024 | 58.12 | 59.50 | 62.47 | 58.00 | 1.552 times |
| 27 Wed Mar 2024 | 59.50 | 60.00 | 60.64 | 59.50 | 1.277 times |
| 26 Tue Mar 2024 | 57.76 | 60.10 | 62.01 | 57.76 | 2.354 times |
| 22 Fri Mar 2024 | 60.79 | 59.00 | 60.79 | 59.00 | 0.139 times |
| 21 Thu Mar 2024 | 57.90 | 58.00 | 58.00 | 56.75 | 0.782 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 68.8, for a target of 64.4 or 60.74
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 | 61.99 |
| Downside Intraday Target | 56.77 |
| Upside Intraday Target | 70.83 |
| Upside Intraday Target | 74.45 |
| Downside Intraday Target | 65.61 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 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 |
| 05 Fri Apr 2024 | 67.20 | 60.40 | 69.24 | 60.40 | 0.366 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 tired and bears 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 61.81 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 tired and bears 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 61.81 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.
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