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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)

10 day averaged volume of Shahlon is 4674

Date Daily Closing Price Open High Low Volume
23 Thu Mar 2023 11.67 11.55 12.29 11.55 1.41 times
22 Wed Mar 2023 11.63 12.34 12.59 11.55 0.272 times
21 Tue Mar 2023 12.34 11.62 12.48 11.62 1.021 times
20 Mon Mar 2023 12.07 12.67 12.67 11.08 2.745 times
17 Fri Mar 2023 12.67 12.80 12.80 12.25 0.39 times
16 Thu Mar 2023 12.80 12.85 12.86 12.25 0.136 times
15 Wed Mar 2023 12.77 12.45 12.96 12.45 0.056 times
14 Tue Mar 2023 13.10 13.00 13.20 12.75 0.034 times
13 Mon Mar 2023 12.98 13.20 13.20 12.35 0.239 times
10 Fri Mar 2023 12.89 12.55 13.13 12.25 5.101 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 11.7, for a target of 12.3 or 12.81

Share price targets for Shahlon (Shahlon)

Target Type Value
Downside Target 11.08
Upside Target 12.25
Upside Target 12.55
Upside Target 13.20
Upside Target 13.43
Upside Target 13.65
Upside Target 13.90
Upside Target 14.50
Upside Target 14.59
Upside Target 15.60
Upside Target 16.00

Intraday share price targets for Shahlon (Shahlon)

Target Type Value
Downside Intraday Target 10.94
Downside Intraday Target 10.22
Upside Intraday Target 12.53
Upside Intraday Target 13.4
Upside Intraday Target 11.81

Weekly technical analysis of Shahlon (Shahlon)

Date Weekly Closing Price Open High Low Volume
23 Thu Mar 2023 11.67 12.67 12.67 11.08 6.364 times
17 Fri Mar 2023 12.67 13.20 13.20 12.25 0.129 times
10 Fri Mar 2023 12.89 12.95 13.43 12.25 3.469 times
03 Fri Mar 2023 13.19 13.44 13.65 12.70 0.552 times
24 Fri Feb 2023 12.91 13.90 13.90 12.65 1.134 times

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

Monthly technical analysis of Shahlon (Shahlon)

Date Monthly Closing Price Open High Low Volume
23 Thu Mar 2023 11.67 12.80 13.65 11.08 1.374 times
28 Tue Feb 2023 13.19 13.75 14.50 12.65 0.437 times
31 Tue Jan 2023 14.20 14.66 15.60 13.25 0.278 times
30 Fri Dec 2022 14.58 13.55 16.00 12.85 1.955 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)

Indicator Name Indicator Value Indicator Signal
ADX 6, 23, 57 Sell
MACD -1, -1Sell
Stochastics 36None
CCI -105Sell
RSI 34Sell
OBV -31460Sell
VWAP 12Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Shahlon ( (Shahlon) ) 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 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 gaining momentum.

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

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 red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 12.46 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.

Click here for Shahlon charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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