Stock analysis Shah Alloys Limited SHAHALLOYS
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Recent prices of SHAHALLOYS Shah Alloys Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
03 Fri May 2024 | 67.00 | 66.45 to 69.90 | -1.83% | 0.62 times |
02 Thu May 2024 | 68.25 | 66.30 to 69.35 | 2.02% | 0.71 times |
30 Tue Apr 2024 | 66.90 | 66.15 to 70.85 | -0.96% | 0.55 times |
29 Mon Apr 2024 | 67.55 | 66.20 to 68.45 | 3.6% | 0.65 times |
26 Fri Apr 2024 | 65.20 | 63.10 to 65.95 | 3.49% | 0.39 times |
25 Thu Apr 2024 | 63.00 | 60.25 to 65.20 | 0.48% | 0.49 times |
24 Wed Apr 2024 | 62.70 | 61.70 to 67.55 | -3.46% | 1.16 times |
23 Tue Apr 2024 | 64.95 | 64.00 to 67.55 | -16.14% | 0.75 times |
30 Tue Jan 2024 | 77.45 | 73.20 to 78.00 | 2.58% | 1.82 times |
29 Mon Jan 2024 | 75.50 | 74.65 to 82.45 | -3.88% | 2.05 times |
25 Thu Jan 2024 | 78.55 | 75.00 to 78.60 | 4.87% | 1.44 times |
24 Wed Jan 2024 | 74.90 | 74.80 to 78.70 | -4.83% | 3.4 times |
Technical analysis forecast for Shah Alloys Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Shah Alloys Limited SHAHALLOYS at this time. Stock is falling and might fall more.
It appears as if Shah Alloys Limited SHAHALLOYS gave a large move recently.
Stock of Shah Alloys Limited (SHAHALLOYS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Shah Alloys Limited is bearish for shortterm, and stock might move down till 62.4 or till 52.2. Use a stoploss of 70.88 and if the stock hits stoploss, then it can shoot up till 79.39