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(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 2024-08-16 View latest technical analysis

10 day averaged volume of Shahlon is 34131

Date Daily Closing Price Open High Low Volume
16 Fri Aug 2024 21.91 22.99 22.99 21.11 0.726 times
14 Wed Aug 2024 22.06 21.80 22.99 21.80 0.188 times
13 Tue Aug 2024 21.80 23.63 23.84 21.65 1.378 times
12 Mon Aug 2024 23.17 24.00 24.00 22.26 0.88 times
09 Fri Aug 2024 24.00 25.27 25.50 22.61 2.751 times
08 Thu Aug 2024 23.95 21.89 24.07 21.89 0.994 times
07 Wed Aug 2024 21.89 23.46 23.59 20.32 1.495 times
06 Tue Aug 2024 22.57 23.69 23.97 22.40 0.422 times
05 Mon Aug 2024 23.40 24.90 24.93 23.19 0.95 times
02 Fri Aug 2024 24.41 24.50 24.95 23.85 0.407 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.1, but if it comes above 22.1, then a intra day buy could be more profitable.
If you take a sell trade below 22.1, then use 22.1 as stoploss and 20.5 as target. However if you take a buy trade in stock , then use 22.1 as stoploss and 23.35 as target.

Share price targets for Shahlon (Shahlon)

Target Type Value
Downside Target 18.75
Downside Target 19.55
Downside Target 20.32
Upside Target 23.60
Upside Target 24.55
Upside Target 25.44
Upside Target 25.50
Upside Target 26.00
Upside Target 26.39
Upside Target 28.80

Intraday share price targets for Shahlon (Shahlon)

Target Type Value
Downside Intraday Target 20.68
Downside Intraday Target 19.45
Upside Intraday Target 23.57
Upside Intraday Target 25.23
Upside Intraday Target 22.34

Weekly technical analysis of Shahlon (Shahlon)

Date Weekly Closing Price Open High Low Volume
16 Fri Aug 2024 21.91 24.00 24.00 21.11 0.48 times
09 Fri Aug 2024 24.00 24.90 25.50 20.32 1.099 times
02 Fri Aug 2024 24.41 24.32 26.00 23.60 0.34 times
26 Fri Jul 2024 24.82 21.14 26.39 19.70 7.116 times
19 Fri Jul 2024 20.73 19.55 20.73 19.55 0.95 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
16 Fri Aug 2024 21.91 24.75 25.50 20.32 0.363 times
31 Wed Jul 2024 24.75 20.85 26.39 18.75 1.97 times
28 Fri Jun 2024 20.85 20.10 23.75 18.92 1.053 times
31 Fri May 2024 20.91 23.56 25.44 20.56 0.968 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shahlon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shahlon in short term but the sell signal is initial and weak.

Shahlon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shahlon in short term and SELL signal is strong!

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 Shahlon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.03 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 positive

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shahlon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shahlon in short term but the sell signal is initial and weak.

Shahlon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shahlon in short term and SELL signal is strong!

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 Shahlon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.03 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Click here for further forecast and predictions for tomorrow

Daily charts

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