(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 2024-10-23 View latest technical analysis
10 day averaged volume of Shah Alloys is 5646
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 72.54 | 68.10 | 75.18 | 68.10 | 4.372 times |
| 22 Tue Oct 2024 | 71.60 | 73.65 | 74.00 | 71.10 | 1.307 times |
| 21 Mon Oct 2024 | 74.82 | 72.70 | 78.95 | 72.70 | 0.882 times |
| 18 Fri Oct 2024 | 75.30 | 74.50 | 78.00 | 74.50 | 0.635 times |
| 17 Thu Oct 2024 | 77.17 | 77.88 | 79.24 | 74.30 | 0.974 times |
| 16 Wed Oct 2024 | 77.88 | 80.05 | 80.05 | 76.56 | 0.552 times |
| 15 Tue Oct 2024 | 80.05 | 82.11 | 83.40 | 78.40 | 1.681 times |
| 14 Mon Oct 2024 | 82.11 | 82.00 | 86.00 | 80.20 | 0.237 times |
| 11 Fri Oct 2024 | 82.78 | 85.00 | 85.40 | 82.50 | 0.462 times |
| 10 Thu Oct 2024 | 84.53 | 86.82 | 86.95 | 83.05 | 0.481 times |
Stock of Shah Alloys (ShahAlloys) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.5, but if it comes above 75.5, then a intra day buy could be more profitable.
If you take a sell trade below 75.5, then use 75.5 as stoploss and 63 as target. However if you take a buy trade in stock , then use 75.5 as stoploss and 85.96 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 | 68.10 |
| Upside Target | 72.82 |
| Upside Target | 74.30 |
| Upside Target | 78.95 |
| Upside Target | 86.00 |
| Upside Target | 87.69 |
| 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 | 67.44 |
| Downside Intraday Target | 62.35 |
| Upside Intraday Target | 78.29 |
| Upside Intraday Target | 84.05 |
| Upside Intraday Target | 73.2 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 72.54 | 72.70 | 78.95 | 68.10 | 1.608 times |
| 18 Fri Oct 2024 | 75.30 | 82.00 | 86.00 | 74.30 | 0.902 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 |
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 Shah Alloys (ShahAlloys)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Wed Oct 2024 | 72.54 | 92.30 | 92.39 | 68.10 | 0.221 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 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 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 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 SELL signal for Shah Alloys in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 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 75.59 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 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 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 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 SELL signal for Shah Alloys in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 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 75.59 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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