(ShaEng) Sha Eng complete technical analysis [charts+indicators] | Buy/Sell Sha Eng | (ShaEng) share price targets
Complete technical analysis of Sha Eng (ShaEng) by charts plus indicators, forecast predictions and share price targets for Sha Eng (ShaEng)
Showing technical analysis as on 2024-01-09 View latest technical analysis
10 day averaged volume of Sha Eng is 16786
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 330.30 | 330.20 | 336.90 | 325.45 | 0.112 times |
| 08 Mon Jan 2024 | 327.85 | 333.50 | 334.00 | 326.60 | 8.692 times |
| 05 Fri Jan 2024 | 331.65 | 330.75 | 340.70 | 329.15 | 0.093 times |
| 04 Thu Jan 2024 | 335.05 | 349.95 | 349.95 | 331.15 | 0.084 times |
| 03 Wed Jan 2024 | 335.60 | 334.55 | 345.65 | 330.35 | 0.053 times |
| 02 Tue Jan 2024 | 331.65 | 334.40 | 339.00 | 331.00 | 0.04 times |
| 01 Mon Jan 2024 | 334.40 | 335.85 | 336.10 | 333.00 | 0.047 times |
| 29 Fri Dec 2023 | 334.70 | 347.00 | 347.00 | 332.65 | 0.047 times |
| 28 Thu Dec 2023 | 338.80 | 333.30 | 340.70 | 333.30 | 0.424 times |
| 27 Wed Dec 2023 | 344.35 | 335.50 | 347.00 | 331.95 | 0.399 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 329.7 as stoploss in an intra day buy trade for a target of 335.02. However, stock will show a bearish move below 329.7.
Share price targets for Sha Eng (ShaEng)
| Target Type | Value |
| Downside Target | 309.45 |
| Downside Target | 323.20 |
| Upside Target | 349.70 |
| Upside Target | 349.95 |
| Upside Target | 350.00 |
| Upside Target | 1648.10 |
| Upside Target | 1650.20 |
| Upside Target | 1824.95 |
| Upside Target | 1895.90 |
| Upside Target | 1900.00 |
Intraday share price targets for Sha Eng (ShaEng)
| Target Type | Value |
| Downside Intraday Target | 324.87 |
| Downside Intraday Target | 319.43 |
| Upside Intraday Target | 336.32 |
| Upside Intraday Target | 342.33 |
| Upside Intraday Target | 330.88 |
Weekly technical analysis of Sha Eng (ShaEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 330.30 | 333.50 | 336.90 | 325.45 | 27.782 times |
| 05 Fri Jan 2024 | 331.65 | 335.85 | 349.95 | 329.15 | 0.32 times |
| 29 Fri Dec 2023 | 334.70 | 350.00 | 350.00 | 331.95 | 1.252 times |
| 22 Fri Dec 2023 | 343.10 | 335.45 | 349.70 | 333.00 | 1.252 times |
| 15 Fri Dec 2023 | 328.85 | 336.10 | 342.25 | 323.20 | 0.71 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Sha Eng (ShaEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 330.30 | 335.85 | 349.95 | 325.45 | 2.574 times |
| 29 Fri Dec 2023 | 334.70 | 313.10 | 350.00 | 309.45 | 1.389 times |
| 30 Thu Nov 2023 | 316.05 | 1878.95 | 1895.90 | 312.50 | 4.336 times |
| 31 Tue Oct 2023 | 1785.95 | 1799.85 | 1900.00 | 1648.10 | 0.95 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 Sha Eng (ShaEng)
Price action analysis of Sha Eng ( (ShaEng) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sha Eng ( (ShaEng) ) 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 Sha Eng ( (ShaEng) ) 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 Sha Eng ( (ShaEng) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sha Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sha Eng 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.
Sha Eng 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 Sha Eng in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sha Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 329.22 and Sha Eng (ShaEng) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Sha Eng (ShaEng) stock. Volume based technical analysis of Sha Eng (ShaEng) stock is negative.
Sha Eng 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.
Price action analysis of Sha Eng ( (ShaEng) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Sha Eng ( (ShaEng) ) 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 Sha Eng ( (ShaEng) ) 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 Sha Eng ( (ShaEng) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Sha Eng stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Sha Eng 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.
Sha Eng 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 Sha Eng in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Sha Eng is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 329.22 and Sha Eng (ShaEng) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Sha Eng (ShaEng) stock. Volume based technical analysis of Sha Eng (ShaEng) stock is negative.
Sha Eng 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.
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