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(SHAHALLOYS_BE) Shah Alloys complete technical analysis [charts+indicators] | Buy/Sell Shah Alloys | (SHAHALLOYS_BE) share price targets

Complete technical analysis of Shah Alloys (SHAHALLOYS_BE) by charts plus indicators, forecast predictions and share price targets for Shah Alloys (SHAHALLOYS_BE)

Showing technical analysis as on 2025-04-29 View latest technical analysis

10 day averaged volume of Shah Alloys is 11560

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	62.36	60.99	63.31	60.99	0.629 times
28 Mon Apr 2025	61.29	59.50	61.36	59.00	1.454 times
25 Fri Apr 2025	58.44	58.36	60.10	57.34	1.324 times
24 Thu Apr 2025	60.36	61.45	61.45	60.00	0.618 times
22 Tue Apr 2025	64.13	67.51	67.51	64.13	3.552 times
21 Mon Apr 2025	67.51	72.00	72.00	66.22	1.312 times
31 Fri Jan 2025	62.75	63.00	66.00	62.00	0.28 times
30 Thu Jan 2025	63.71	61.34	64.00	60.75	0.198 times
29 Wed Jan 2025	61.35	57.50	61.37	55.67	0.696 times
28 Tue Jan 2025	58.45	57.50	60.00	56.60	0.105 times

My analysis of stock is bearish for shortterm, and stock might move down till 60.2 or till 57.3. Use a stoploss of 62.66 and if the stock hits stoploss, then it can shoot up till 65.1

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	55.67
Downside Target	57.34
Downside Target	59.00
Downside Target	61.00
Upside Target	63.31
Upside Target	66.00
Upside Target	68.26
Upside Target	68.64
Upside Target	72.00
Upside Target	79.99
Upside Target	82.21
Upside Target	92.39

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	59.8
Downside Intraday Target	57.25
Upside Intraday Target	64.11
Upside Intraday Target	65.87
Downside Intraday Target	61.56

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	62.36	59.50	63.31	59.00	0.306 times
25 Fri Apr 2025	58.44	72.00	72.00	57.34	3.909 times
31 Fri Jan 2025	62.75	60.15	66.00	55.67	1.15 times
24 Fri Jan 2025	62.50	64.40	68.26	61.35	3.71 times
17 Fri Jan 2025	62.05	64.00	64.00	61.00	0.794 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Apr 2025	62.36	72.00	72.00	57.34	2.037 times
31 Fri Jan 2025	62.75	67.30	68.64	55.67	0.531 times
31 Tue Dec 2024	67.30	69.45	82.21	66.00	0.636 times
29 Fri Nov 2024	71.40	70.02	79.99	63.75	0.357 times

Scroll below to view daily charts

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

Indicators analysis of Shah Alloys (SHAHALLOYS_BE)

Price action analysis of Shah Alloys ( (SHAHALLOYS_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 BUY signal for Shah Alloys in short term but the buy signal is initial and weak.

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 below 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 BUY signal in short term but buying is losing 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 62.79 and Shah Alloys (SHAHALLOYS_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shah Alloys (SHAHALLOYS_BE) stock. Volume based technical analysis of Shah Alloys (SHAHALLOYS_BE) stock is negative.

Shah Alloys Stock is giving positive 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.