(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)
Showing technical analysis as on 2024-10-17 View latest technical analysis
10 day averaged volume of Shah Alloys is 5165
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 77.17 | 77.88 | 79.24 | 74.30 | 1.065 times |
| 16 Wed Oct 2024 | 77.88 | 80.05 | 80.05 | 76.56 | 0.603 times |
| 15 Tue Oct 2024 | 80.05 | 82.11 | 83.40 | 78.40 | 1.838 times |
| 14 Mon Oct 2024 | 82.11 | 82.00 | 86.00 | 80.20 | 0.259 times |
| 11 Fri Oct 2024 | 82.78 | 85.00 | 85.40 | 82.50 | 0.505 times |
| 10 Thu Oct 2024 | 84.53 | 86.82 | 86.95 | 83.05 | 0.525 times |
| 09 Wed Oct 2024 | 85.19 | 83.99 | 87.55 | 79.35 | 3.049 times |
| 08 Tue Oct 2024 | 83.39 | 79.42 | 85.50 | 79.42 | 0.359 times |
| 07 Mon Oct 2024 | 83.60 | 86.00 | 86.00 | 83.60 | 0.504 times |
| 03 Thu Oct 2024 | 87.69 | 87.69 | 87.77 | 87.69 | 1.273 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.4, but if it comes above 78.4, then a intra day buy could be more profitable.
If you take a sell trade below 78.4, then use 78.4 as stoploss and 67.6 as target. However if you take a buy trade in stock , then use 78.4 as stoploss and 87.43 as target.
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 52.79 |
| Downside Target | 56.74 |
| Downside Target | 63.99 |
| Downside Target | 72.82 |
| Downside Target | 74.30 |
| Downside Target | 77.15 |
| Upside Target | 79.35 |
| Upside Target | 83.25 |
| Upside Target | 86.00 |
| Upside Target | 87.80 |
| Upside Target | 92.39 |
| Upside Target | 97.15 |
| Upside Target | 112.80 |
Intraday share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Intraday Target | 72.31 |
| Downside Intraday Target | 67.46 |
| Upside Intraday Target | 84.01 |
| Upside Intraday Target | 90.86 |
| Upside Intraday Target | 79.16 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 77.17 | 82.00 | 86.00 | 74.30 | 0.762 times |
| 11 Fri Oct 2024 | 82.78 | 86.00 | 87.55 | 79.35 | 1.804 times |
| 03 Thu Oct 2024 | 87.69 | 97.15 | 97.15 | 87.69 | 0.045 times |
| 27 Fri Sep 2024 | 102.26 | 80.44 | 112.80 | 80.41 | 13.265 times |
| 20 Fri Sep 2024 | 81.77 | 83.25 | 83.25 | 77.15 | 0.294 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 |
| 17 Thu Oct 2024 | 77.17 | 92.30 | 92.39 | 74.30 | 0.129 times |
| 30 Mon Sep 2024 | 97.15 | 80.60 | 112.80 | 72.82 | 1.036 times |
| 30 Fri Aug 2024 | 78.43 | 59.49 | 87.80 | 56.74 | 8.142 times |
| 31 Wed Jul 2024 | 57.94 | 63.20 | 63.99 | 57.00 | 0.491 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 Shah Alloys (ShahAlloys)
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shah Alloys ( (ShahAlloys) ) 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 Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Alloys 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 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 82.88 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shah Alloys ( (ShahAlloys) ) 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 Shah Alloys stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shah Alloys in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shah Alloys 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 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 82.88 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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