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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)

10 day averaged volume of Shah Alloys is 6796

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri May 2025	55.24	56.00	56.70	54.25	1.273 times
29 Thu May 2025	54.00	56.90	56.90	54.00	0.418 times
28 Wed May 2025	55.28	56.10	57.75	54.15	0.83 times
27 Tue May 2025	56.54	57.50	58.50	56.00	0.805 times
26 Mon May 2025	56.59	57.00	57.00	56.00	0.912 times
23 Fri May 2025	58.20	57.00	58.50	55.10	1.995 times
22 Thu May 2025	55.80	58.50	59.40	55.30	1.418 times
21 Wed May 2025	57.00	57.75	57.75	57.00	0.628 times
20 Tue May 2025	58.99	58.39	59.00	56.80	0.968 times
19 Mon May 2025	59.00	56.60	60.50	56.30	1.215 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 55.8, but if it comes above 55.8, then a intra day buy could be more profitable.
If you take a sell trade below 55.8, then use 55.8 as stoploss and 53.4 as target. However if you take a buy trade in stock , then use 55.8 as stoploss and 57.73 as target.

Share price targets for Shah Alloys (SHAHALLOYS_BE)

Target Type	Value
Downside Target	54.00
Upside Target	57.25
Upside Target	58.50
Upside Target	60.50
Upside Target	62.95
Upside Target	63.31
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	53.33
Downside Intraday Target	51.41
Upside Intraday Target	57.83
Upside Intraday Target	60.41
Upside Intraday Target	55.91

Weekly technical analysis of Shah Alloys (SHAHALLOYS_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri May 2025	55.24	57.00	58.50	54.00	0.681 times
23 Fri May 2025	58.20	56.60	60.50	55.10	1.152 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

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
30 Fri May 2025	55.24	57.25	62.95	54.00	1.193 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 Strong and stock is losing 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 getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 56.94 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 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.