Shah Alloys (India) Technical Analysis Overview

SHAHALLOYS -- India Stock  

INR 21.85  0.55  2.46%

Shah Alloys Limited has Coefficient Of Variation of 1,732 and Risk Adjusted Performance of 0.019634. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Shah Alloys Limited as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for Shah Alloys Limited which can be compared to its competition. Please validate Shah Alloys Limited Information Ratio, Value At Risk and the relationship between Standard Deviation and Treynor Ratio to decide if Shah Alloys is priced more or less accurately providing market reflects its prevalent price of 21.85 per share.
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Shah Alloys Limited Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Shah Alloys Limited volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Shah Alloys Limited Trend Analysis

Use this graph to draw trend lines for Shah Alloys Limited. You can use it to identify possible trend reversals for Shah Alloys as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Shah Alloys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Shah Alloys Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Shah Alloys Limited applied against its price change over selected period. The best fit line has a slop of 0.14 % which may suggest that Shah Alloys Limited market price will keep on failing further. It has 34 observation points and a regression sum of squares at 16.55, which is the sum of squared deviations for the predicted Shah Alloys price change compared to its average price change.

Current Sentiment - SHAHALLOYS

Shah Alloys Limited Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Shah Alloys Limited. What is your outlook on investing in Shah Alloys Limited? Are you bullish or bearish?
50% Bullish
50% Bearish

Shah Alloys Market Strength

Shah Alloys September 25, 2018 Daily Price Condition

Also please take a look at World Market Map. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.