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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 2492

Date Daily Closing Price Open High Low Volume
19 Fri Apr 2024 60.73 59.00 61.84 58.80 0.865 times
18 Thu Apr 2024 58.90 59.50 59.50 58.00 0.358 times
16 Tue Apr 2024 59.96 59.90 60.00 59.50 0.201 times
15 Mon Apr 2024 60.00 59.87 60.17 59.87 0.285 times
12 Fri Apr 2024 61.40 63.00 64.45 61.25 2.919 times
10 Wed Apr 2024 63.30 64.55 64.55 61.28 1.23 times
09 Tue Apr 2024 64.50 64.50 66.90 64.05 0.238 times
08 Mon Apr 2024 66.08 67.20 68.75 66.00 0.768 times
05 Fri Apr 2024 67.20 66.90 68.80 66.90 0.973 times
04 Thu Apr 2024 66.97 69.24 69.24 65.05 2.899 times

My analysis of stock is bearish for shortterm, and stock might move down till 58.1 or till 54.1. Use a stoploss of 61.41 and if the stock hits stoploss, then it can shoot up till 64.72

Share price targets for Shah Alloys (ShahAlloys)

Target Type Value
Downside Target 54.00
Downside Target 57.76
Downside Target 60.00
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 58.54
Downside Intraday Target 56.35
Upside Intraday Target 62.38
Upside Intraday Target 64.03
Downside Intraday Target 60.19

Weekly technical analysis of Shah Alloys (ShahAlloys)

Date Weekly Closing Price Open High Low Volume
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
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
19 Fri Apr 2024 60.73 60.40 69.24 58.00 0.885 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 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 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 losing momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shah Alloys in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 63.85 and Shah Alloys (ShahAlloys) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 losing momentum.

MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.

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 below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shah Alloys in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 63.85 and Shah Alloys (ShahAlloys) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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Daily chart
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