(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 2024-01-16 View latest technical analysis
10 day averaged volume of Sha Eng is 15919
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 318.65 | 318.30 | 335.25 | 312.10 | 0.148 times |
| 15 Mon Jan 2024 | 317.55 | 322.40 | 324.25 | 316.00 | 0.193 times |
| 12 Fri Jan 2024 | 322.40 | 320.25 | 325.00 | 318.15 | 0.107 times |
| 11 Thu Jan 2024 | 324.70 | 325.05 | 327.05 | 320.25 | 0.074 times |
| 10 Wed Jan 2024 | 324.50 | 330.30 | 330.30 | 321.80 | 0.058 times |
| 09 Tue Jan 2024 | 330.30 | 330.20 | 336.90 | 325.45 | 0.118 times |
| 08 Mon Jan 2024 | 327.85 | 333.50 | 334.00 | 326.60 | 9.165 times |
| 05 Fri Jan 2024 | 331.65 | 330.75 | 340.70 | 329.15 | 0.098 times |
| 04 Thu Jan 2024 | 335.05 | 349.95 | 349.95 | 331.15 | 0.089 times |
| 03 Wed Jan 2024 | 335.60 | 334.55 | 345.65 | 330.35 | 0.055 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 315.9, for a target of 324.9 or 332.39
Share price targets for Sha Eng (ShaEng)
| Target Type | Value |
| Downside Target | 309.45 |
| Upside Target | 329.15 |
| 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 | 308.75 |
| Downside Intraday Target | 298.85 |
| Upside Intraday Target | 331.9 |
| Upside Intraday Target | 345.15 |
| Upside Intraday Target | 322 |
Weekly technical analysis of Sha Eng (ShaEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 318.65 | 322.40 | 335.25 | 312.10 | 0.036 times |
| 12 Fri Jan 2024 | 322.40 | 333.50 | 336.90 | 318.15 | 28.498 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 |
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 Sha Eng (ShaEng)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Tue Jan 2024 | 318.65 | 335.85 | 349.95 | 312.10 | 2.729 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 327.59 and Sha Eng (ShaEng) 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 327.59 and Sha Eng (ShaEng) 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 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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