(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 2024-04-15 View latest technical analysis
10 day averaged volume of Shah Alloys is 2886
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 60.00 | 59.87 | 60.17 | 59.87 | 0.246 times |
| 12 Fri Apr 2024 | 61.40 | 63.00 | 64.45 | 61.25 | 2.52 times |
| 10 Wed Apr 2024 | 63.30 | 64.55 | 64.55 | 61.28 | 1.062 times |
| 09 Tue Apr 2024 | 64.50 | 64.50 | 66.90 | 64.05 | 0.205 times |
| 08 Mon Apr 2024 | 66.08 | 67.20 | 68.75 | 66.00 | 0.664 times |
| 05 Fri Apr 2024 | 67.20 | 66.90 | 68.80 | 66.90 | 0.84 times |
| 04 Thu Apr 2024 | 66.97 | 69.24 | 69.24 | 65.05 | 2.503 times |
| 03 Wed Apr 2024 | 66.02 | 67.00 | 67.27 | 66.02 | 0.111 times |
| 02 Tue Apr 2024 | 64.07 | 64.05 | 64.07 | 64.00 | 0.538 times |
| 01 Mon Apr 2024 | 61.02 | 60.40 | 61.02 | 60.40 | 0.182 times |
My analysis of stock is bearish for shortterm, and stock might move down till 57.3 or till 52.9. Use a stoploss of 60.95 and if the stock hits stoploss, then it can shoot up till 64.62
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 54.00 |
| Downside Target | 57.76 |
| Downside Target | 59.87 |
| Upside Target | 63.84 |
| 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 | 59.86 |
| Downside Intraday Target | 59.71 |
| Upside Intraday Target | 60.16 |
| Upside Intraday Target | 60.31 |
| Upside Intraday Target | 60.01 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Mon Apr 2024 | 60.00 | 59.87 | 60.17 | 59.87 | 0.055 times |
| 12 Fri Apr 2024 | 61.40 | 67.20 | 68.75 | 61.25 | 1.066 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 |
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 |
| 15 Mon Apr 2024 | 60.00 | 60.40 | 69.24 | 59.87 | 0.777 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Shah Alloys in short term and SELL 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 64.34 and Shah Alloys (ShahAlloys) stock is trading below this level. This means that stock is falling with high volumes. 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.
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 coming down
CCI has generated a SELL signal for Shah Alloys in short term and SELL 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 64.34 and Shah Alloys (ShahAlloys) stock is trading below this level. This means that stock is falling with high volumes. 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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