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(ShaEng) Sha Eng complete technical analysis [charts+indicators] | Buy/Sell Sha Eng | (ShaEng) share price targets

Complete technical analysis of Sha Eng (ShaEng) by charts plus indicators, forecast predictions and share price targets for Sha Eng (ShaEng)

10 day averaged volume of Sha Eng is 12971

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 635.60 633.90 644.70 631.00 0.306 times
29 Mon Apr 2024 631.10 649.95 649.95 612.00 0.361 times
26 Fri Apr 2024 635.45 635.00 646.40 628.85 0.466 times
25 Thu Apr 2024 632.05 638.40 638.40 625.30 0.321 times
24 Wed Apr 2024 627.35 619.15 636.95 616.60 0.906 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 621.7, but if it comes below 621.7, then a intra day sell could be more profitable.
If you take a sell trade below 621.7, then use 621.7 as stoploss and 582.7 as target. However if you take a buy trade in stock , then use 621.7 as stoploss and 668.4 as target.

Share price targets for Sha Eng (ShaEng)

Target Type Value
Downside Target 309.45
Downside Target 350.00
Downside Target 360.10
Downside Target 405.00
Downside Target 451.15
Downside Target 505.55
Downside Target 526.85
Downside Target 549.55
Downside Target 575.50
Downside Target 600.25
Downside Target 612.00
Downside Target 616.30
Upside Target 649.95
Upside Target 671.85

Intraday share price targets for Sha Eng (ShaEng)

Target Type Value
Downside Intraday Target 615.08
Downside Intraday Target 594.57
Upside Intraday Target 653.03
Upside Intraday Target 670.47
Downside Intraday Target 632.52

Weekly technical analysis of Sha Eng (ShaEng)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 635.60 649.95 649.95 612.00 0.128 times
26 Fri Apr 2024 635.45 671.85 671.85 600.25 1.092 times
19 Fri Apr 2024 595.20 569.95 616.30 526.85 1.721 times
12 Fri Apr 2024 560.00 557.00 579.85 553.30 0.392 times
05 Fri Apr 2024 548.80 559.85 575.50 505.55 5.295 times

Price has moved up 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 Sha Eng (ShaEng)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 635.60 559.85 671.85 505.55 1.88 times
28 Thu Mar 2024 529.95 550.00 559.75 451.15 0.397 times
29 Thu Feb 2024 539.40 393.10 549.55 360.10 0.633 times
31 Wed Jan 2024 396.45 335.85 405.00 312.10 9.49 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Sha Eng (ShaEng)

Indicator Name Indicator Value Indicator Signal
ADX 26, 12, 38 Buy
MACD 58, 53Buy
Stochastics 73Buy
CCI 66Buy
RSI 54Buy
OBV 110933Sell
VWAP 612Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

Price action analysis of Sha Eng ( (ShaEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sha Eng ( (ShaEng) ) based on a short 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 Sha Eng ( (ShaEng) ) based on a short to mid 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.

Price action analysis of Sha Eng ( (ShaEng) ) 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 Sha Eng stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sha Eng in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sha Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sha Eng in short term and BUY 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 Sha Eng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 612.36 and Sha Eng (ShaEng) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Sha Eng (ShaEng) stock. Volume based technical analysis of Sha Eng (ShaEng) stock is negative.

Sha Eng Stock is giving positive 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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