(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 2024-04-09 View latest technical analysis
10 day averaged volume of Shah Alloys is 2756
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 64.50 | 64.50 | 66.90 | 64.05 | 0.215 times |
| 08 Mon Apr 2024 | 66.08 | 67.20 | 68.75 | 66.00 | 0.695 times |
| 05 Fri Apr 2024 | 67.20 | 66.90 | 68.80 | 66.90 | 0.88 times |
| 04 Thu Apr 2024 | 66.97 | 69.24 | 69.24 | 65.05 | 2.622 times |
| 03 Wed Apr 2024 | 66.02 | 67.00 | 67.27 | 66.02 | 0.116 times |
| 02 Tue Apr 2024 | 64.07 | 64.05 | 64.07 | 64.00 | 0.563 times |
| 01 Mon Apr 2024 | 61.02 | 60.40 | 61.02 | 60.40 | 0.19 times |
| 28 Thu Mar 2024 | 58.12 | 59.50 | 62.47 | 58.00 | 1.439 times |
| 27 Wed Mar 2024 | 59.50 | 60.00 | 60.64 | 59.50 | 1.184 times |
| 26 Tue Mar 2024 | 57.76 | 60.10 | 62.01 | 57.76 | 2.183 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 64.6 as stoploss in an intra day sell trade for a target of 60.85. However, stock will show a bullish move above 64.6.
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 |
| Downside Target | 64.05 |
| 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 | 62.78 |
| Downside Intraday Target | 61.07 |
| Upside Intraday Target | 67.48 |
| Upside Intraday Target | 70.47 |
| Upside Intraday Target | 65.77 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Apr 2024 | 64.50 | 67.20 | 68.75 | 64.05 | 0.208 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 |
| 15 Fri Mar 2024 | 57.47 | 61.50 | 61.50 | 54.96 | 0.965 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 |
| 09 Tue Apr 2024 | 64.50 | 60.40 | 69.24 | 60.40 | 0.442 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shah Alloys ( (ShahAlloys) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing 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 coming down
CCI has generated a SELL signal for Shah Alloys in short term but SELL signal is weak.
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 62.46 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shah Alloys ( (ShahAlloys) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing 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 coming down
CCI has generated a SELL signal for Shah Alloys in short term but SELL signal is weak.
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 62.46 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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