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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 2025-05-21 View latest technical analysis

10 day averaged volume of Shah Alloys is 6806

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed May 2025	57.00	57.75	57.75	57.00	0.627 times
20 Tue May 2025	58.99	58.39	59.00	56.80	0.967 times
19 Mon May 2025	59.00	56.60	60.50	56.30	1.213 times
16 Fri May 2025	59.25	60.00	61.31	58.70	0.809 times
15 Thu May 2025	61.00	59.24	62.00	59.24	0.469 times
14 Wed May 2025	60.08	60.24	61.85	58.90	1.29 times
13 Tue May 2025	60.48	62.33	62.95	60.02	0.933 times
12 Mon May 2025	61.11	60.00	61.11	60.00	1.895 times
09 Fri May 2025	58.20	57.40	58.20	56.00	0.29 times
08 Thu May 2025	57.83	57.00	58.25	56.26	1.973 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 57.4, but if it comes above 57.4, then a intra day buy could be more profitable.
If you take a sell trade below 57.4, then use 57.4 as stoploss and 55 as target. However if you take a buy trade in stock , then use 57.4 as stoploss and 59.38 as target.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	54.55
Downside Target	55.67
Upside Target	58.70
Upside Target	60.50
Upside Target	62.95
Upside Target	63.75
Upside Target	66.00
Upside Target	68.64
Upside Target	72.00
Upside Target	79.99
Upside Target	82.21

Intraday share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Intraday Target	55.37
Downside Intraday Target	53.73
Upside Intraday Target	59.57
Upside Intraday Target	62.13
Upside Intraday Target	57.93

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed May 2025	57.00	56.60	60.50	56.30	0.52 times
16 Fri May 2025	59.25	60.00	62.95	58.70	1.831 times
09 Fri May 2025	58.20	58.00	59.29	54.55	0.662 times
02 Fri May 2025	58.59	59.50	63.31	57.25	0.385 times
25 Fri Apr 2025	58.44	72.00	72.00	57.34	3.909 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Wed May 2025	57.00	57.25	62.95	54.55	0.711 times
30 Wed Apr 2025	59.61	72.00	72.00	57.34	2.142 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

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_BE)

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shah Alloys in short term but the buy signal is initial and weak.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 59.39 and Shah Alloys (SHAHALLOYS_BE) 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_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.