(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 2024-04-22 View latest technical analysis
10 day averaged volume of Shah Alloys is 2676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 63.76 | 63.76 | 63.76 | 63.76 | 0.195 times |
| 19 Fri Apr 2024 | 60.73 | 59.00 | 61.84 | 58.80 | 0.806 times |
| 18 Thu Apr 2024 | 58.90 | 59.50 | 59.50 | 58.00 | 0.333 times |
| 16 Tue Apr 2024 | 59.96 | 59.90 | 60.00 | 59.50 | 0.187 times |
| 15 Mon Apr 2024 | 60.00 | 59.87 | 60.17 | 59.87 | 0.266 times |
| 12 Fri Apr 2024 | 61.40 | 63.00 | 64.45 | 61.25 | 2.718 times |
| 10 Wed Apr 2024 | 63.30 | 64.55 | 64.55 | 61.28 | 1.146 times |
| 09 Tue Apr 2024 | 64.50 | 64.50 | 66.90 | 64.05 | 0.221 times |
| 08 Mon Apr 2024 | 66.08 | 67.20 | 68.75 | 66.00 | 0.716 times |
| 05 Fri Apr 2024 | 67.20 | 66.90 | 68.80 | 66.90 | 0.906 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 64.9 as stoploss in an intra day sell trade for a target of 61.75. However, stock will show a bullish move above 64.9.
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 54.00 |
| Downside Target | 57.76 |
| Downside Target | 60.00 |
| Downside Target | 63.76 |
| 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 | 63.76 |
| Downside Intraday Target | 63.76 |
| Downside Intraday Target | 63.76 |
| Downside Intraday Target | 63.76 |
| Downside Intraday Target | 63.76 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 63.76 | 63.76 | 63.76 | 63.76 | 0.122 times |
| 19 Fri Apr 2024 | 60.73 | 59.87 | 61.84 | 58.00 | 0.331 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 |
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 Mon Apr 2024 | 63.76 | 60.40 | 69.24 | 58.00 | 0.9 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 62.72 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 BUY. 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 62.72 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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