(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)
10 day averaged volume of Shah Alloys is 1352
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 64.09 | 63.80 | 64.30 | 63.10 | 0.47 times |
| 15 Wed May 2024 | 63.96 | 63.40 | 64.30 | 62.24 | 1.402 times |
| 14 Tue May 2024 | 63.45 | 61.00 | 63.45 | 61.00 | 0.292 times |
| 13 Mon May 2024 | 61.04 | 61.00 | 63.70 | 60.00 | 0.7 times |
| 10 Fri May 2024 | 62.10 | 61.30 | 62.95 | 61.00 | 0.734 times |
My analysis of stock is bullish for shortterm, and stock might move up till 66.3 or till 69.2. Use a stoploss of 63.92 and if this stock hits its stoploss, then it can fall down till 61.51
Share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Target | 54.96 |
| Downside Target | 58.00 |
| Downside Target | 60.00 |
| Downside Target | 61.84 |
| Downside Target | 63.84 |
| Upside Target | 67.52 |
| Upside Target | 67.94 |
| Upside Target | 69.50 |
| Upside Target | 69.54 |
| Upside Target | 70.75 |
| Upside Target | 83.84 |
| Upside Target | 94.00 |
Intraday share price targets for Shah Alloys (ShahAlloys)
| Target Type | Value |
| Downside Intraday Target | 61.29 |
| Downside Intraday Target | 58.5 |
| Upside Intraday Target | 65.59 |
| Upside Intraday Target | 67.1 |
| Downside Intraday Target | 62.8 |
Weekly technical analysis of Shah Alloys (ShahAlloys)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 64.09 | 61.00 | 64.30 | 60.00 | 0.667 times |
| 10 Fri May 2024 | 62.10 | 70.75 | 70.75 | 60.50 | 0.414 times |
| 03 Fri May 2024 | 67.44 | 64.06 | 69.54 | 64.06 | 0.868 times |
| 26 Fri Apr 2024 | 65.37 | 63.76 | 67.94 | 62.00 | 3.788 times |
| 19 Fri Apr 2024 | 60.73 | 59.87 | 61.84 | 58.00 | 0.331 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 Shah Alloys (ShahAlloys)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 64.09 | 68.14 | 70.75 | 60.00 | 0.287 times |
| 30 Tue Apr 2024 | 66.80 | 60.40 | 69.50 | 58.00 | 1.626 times |
| 28 Thu Mar 2024 | 58.12 | 65.15 | 67.52 | 54.96 | 0.333 times |
| 29 Thu Feb 2024 | 67.90 | 74.00 | 83.84 | 63.84 | 0.232 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 18, 17, 2 | Buy |
| MACD | -0, -0 | Sell |
| Stochastics | 36 | None |
| CCI | 5 | Buy |
| RSI | 46 | Sell |
| OBV | 6152 | Sell |
| VWAP | 64 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shah Alloys ( (ShahAlloys) ) 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 Shah Alloys ( (ShahAlloys) ) 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 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 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 Shah Alloys stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shah Alloys in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shah Alloys 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 weakening, and bulls 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 Shah Alloys in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shah Alloys is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 64.38 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 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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