(Shahlon) Shahlon complete technical analysis [charts+indicators] | Buy/Sell Shahlon | (Shahlon) share price targets
Complete technical analysis of Shahlon (Shahlon) by charts plus indicators, forecast predictions and share price targets for Shahlon (Shahlon)
Showing technical analysis as on 2024-06-07 View latest technical analysis
10 day averaged volume of Shahlon is 32337
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 20.14 | 19.00 | 20.16 | 19.00 | 1.09 times |
| 06 Thu Jun 2024 | 19.20 | 20.15 | 20.50 | 19.00 | 1.795 times |
| 05 Wed Jun 2024 | 20.00 | 20.00 | 20.70 | 19.11 | 0.927 times |
| 04 Tue Jun 2024 | 20.00 | 20.48 | 20.49 | 18.92 | 1.01 times |
| 03 Mon Jun 2024 | 19.90 | 20.10 | 21.25 | 19.87 | 0.884 times |
| 31 Fri May 2024 | 20.91 | 21.35 | 21.70 | 20.80 | 1.427 times |
| 30 Thu May 2024 | 21.74 | 21.50 | 21.95 | 21.30 | 0.461 times |
| 29 Wed May 2024 | 21.47 | 22.40 | 23.00 | 21.33 | 0.588 times |
| 28 Tue May 2024 | 22.40 | 23.20 | 23.20 | 22.11 | 0.267 times |
| 27 Mon May 2024 | 22.27 | 21.45 | 22.52 | 20.56 | 1.788 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.5, but if it comes above 20.5, then a intra day buy could be more profitable.
If you take a sell trade below 20.5, then use 20.5 as stoploss and 18.6 as target. However if you take a buy trade in stock , then use 20.5 as stoploss and 21.97 as target.
Share price targets for Shahlon (Shahlon)
| Target Type | Value |
| Downside Target | 18.92 |
| Upside Target | 20.56 |
| Upside Target | 21.25 |
| Upside Target | 22.11 |
| Upside Target | 22.61 |
| Upside Target | 24.55 |
| Upside Target | 24.60 |
| Upside Target | 24.85 |
| Upside Target | 25.00 |
| Upside Target | 25.44 |
| Upside Target | 28.80 |
| Upside Target | 29.90 |
| Upside Target | 30.79 |
Intraday share price targets for Shahlon (Shahlon)
| Target Type | Value |
| Downside Intraday Target | 18.96 |
| Downside Intraday Target | 17.77 |
| Upside Intraday Target | 21.29 |
| Upside Intraday Target | 22.43 |
| Downside Intraday Target | 20.1 |
Weekly technical analysis of Shahlon (Shahlon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 20.14 | 20.10 | 21.25 | 18.92 | 1.259 times |
| 31 Fri May 2024 | 20.91 | 21.45 | 23.20 | 20.56 | 0.84 times |
| 24 Fri May 2024 | 21.45 | 23.78 | 24.60 | 21.25 | 2.266 times |
| 18 Sat May 2024 | 23.78 | 24.23 | 24.85 | 22.90 | 1.303 times |
| 10 Fri May 2024 | 24.01 | 25.00 | 25.00 | 22.61 | 0.759 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 Shahlon (Shahlon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 07 Fri Jun 2024 | 20.14 | 20.10 | 21.25 | 18.92 | 0.379 times |
| 31 Fri May 2024 | 20.91 | 23.56 | 25.44 | 20.56 | 0.968 times |
| 30 Tue Apr 2024 | 24.69 | 27.24 | 28.80 | 24.55 | 0.252 times |
| 28 Thu Mar 2024 | 27.39 | 28.15 | 29.90 | 22.11 | 0.208 times |
Scroll below to view daily charts
Price has moved down 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 Shahlon (Shahlon)
Price action analysis of Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shahlon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shahlon 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 Shahlon in short term but BUY 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 Shahlon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.61 and Shahlon (Shahlon) 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 Shahlon (Shahlon) stock. Volume based technical analysis of Shahlon (Shahlon) stock is negative.
Shahlon 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 Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon ( (Shahlon) ) 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 Shahlon stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shahlon in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shahlon 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 Shahlon in short term but BUY 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 Shahlon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 20.61 and Shahlon (Shahlon) 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 Shahlon (Shahlon) stock. Volume based technical analysis of Shahlon (Shahlon) stock is negative.
Shahlon 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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