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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)

10 day averaged volume of Shah Alloys is 4865

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 65.92 66.25 67.45 64.73 1.63 times
13 Thu Jun 2024 65.92 66.25 67.45 64.73 1.63 times
12 Wed Jun 2024 65.91 67.00 67.55 64.35 2.57 times
11 Tue Jun 2024 65.36 68.20 68.20 62.78 0.599 times
10 Mon Jun 2024 64.91 61.00 64.91 61.00 1.503 times
07 Fri Jun 2024 59.01 57.00 59.01 56.99 0.547 times
06 Thu Jun 2024 53.65 53.00 55.66 52.85 1.191 times
05 Wed Jun 2024 53.11 56.67 56.67 52.79 0.772 times
04 Tue Jun 2024 55.56 55.12 56.96 54.67 0.337 times
03 Mon Jun 2024 57.54 58.00 59.00 56.78 0.715 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.1, but if it comes below 64.1, then a intra day sell could be more profitable.
If you take a sell trade below 64.1, then use 64.1 as stoploss and 60.13 as target. However if you take a buy trade in stock , then use 64.1 as stoploss and 68.8 as target.

Share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Target 52.79
Downside Target 54.96
Downside Target 57.23
Downside Target 61.00
Downside Target 63.84
Downside Target 64.30
Upside Target 67.52
Upside Target 68.20
Upside Target 69.50
Upside Target 70.75
Upside Target 83.84

Intraday share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Intraday Target 61.88
Downside Intraday Target 57.84
Upside Intraday Target 69.08
Upside Intraday Target 72.24
Downside Intraday Target 65.04

Weekly technical analysis of Shah Alloys (ShahAlloys)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 65.92 61.00 68.20 61.00 2.228 times
07 Fri Jun 2024 59.01 58.00 59.01 52.79 1.972 times
31 Fri May 2024 57.10 60.95 61.90 55.90 0.437 times
24 Fri May 2024 59.01 63.95 63.95 57.23 1.692 times
18 Sat May 2024 62.00 61.00 64.30 59.55 2.049 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shah Alloys (ShahAlloys)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 65.92 58.00 68.20 52.79 1.069 times
31 Fri May 2024 57.10 68.14 70.75 55.90 0.976 times
30 Tue Apr 2024 66.80 60.40 69.50 58.00 1.626 times
28 Thu Mar 2024 58.12 65.15 67.52 54.96 0.333 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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Alloys in short term

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 62.47 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 and the buy signal is strong.

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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shah Alloys in short term

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 62.47 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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