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(ShivBimetal) Shiv Bimetal complete technical analysis [charts+indicators] | Buy/Sell Shiv Bimetal | (ShivBimetal) share price targets

Complete technical analysis of Shiv Bimetal (ShivBimetal) by charts plus indicators, forecast predictions and share price targets for Shiv Bimetal (ShivBimetal)

10 day averaged volume of Shiv Bimetal is 9965

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 558.50 555.95 565.80 551.55 0.319 times
07 Tue May 2024 556.55 555.60 568.00 553.05 0.393 times
06 Mon May 2024 565.60 578.00 584.00 560.95 1.716 times
03 Fri May 2024 581.85 576.85 583.85 571.05 0.913 times
02 Thu May 2024 578.60 575.25 584.55 571.10 0.346 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 563.4, but if it comes above 563.4, then a intra day buy could be more profitable.
If you take a sell trade below 563.4, then use 563.4 as stoploss and 553.2 as target. However if you take a buy trade in stock , then use 563.4 as stoploss and 571.86 as target.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type Value
Downside Target 467.95
Downside Target 516.90
Downside Target 541.95
Upside Target 563.95
Upside Target 584.00
Upside Target 584.55
Upside Target 592.80
Upside Target 595.00
Upside Target 599.00
Upside Target 599.90
Upside Target 600.75
Upside Target 615.00

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type Value
Downside Intraday Target 545.37
Downside Intraday Target 532.23
Upside Intraday Target 577.82
Upside Intraday Target 597.13
Upside Intraday Target 564.68

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 558.50 578.00 584.00 551.55 0.862 times
03 Fri May 2024 581.85 586.85 595.00 571.05 0.302 times
26 Fri Apr 2024 576.75 575.90 599.00 569.00 3.109 times
19 Fri Apr 2024 567.50 559.95 577.65 541.95 1.36 times
12 Fri Apr 2024 567.30 588.45 592.80 563.95 0.292 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 Shiv Bimetal (ShivBimetal)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 558.50 575.25 584.55 551.55 0.156 times
30 Tue Apr 2024 574.25 518.10 600.75 518.10 0.584 times
28 Thu Mar 2024 518.90 538.60 574.90 467.95 1.814 times
29 Thu Feb 2024 539.75 595.55 599.90 516.90 0.421 times

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 Shiv Bimetal (ShivBimetal)

Indicator Name Indicator Value Indicator Signal
ADX 14, 19, 14 Sell
MACD 6, 10Sell
Stochastics 12Sell
CCI -149Sell
RSI 46Sell
OBV 45158Sell
VWAP 575Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) based on a short to mid term time period is

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Shiv Bimetal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shiv Bimetal in short term but the sell signal is initial and weak.

Shiv Bimetal 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shiv Bimetal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shiv Bimetal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 575.14 and Shiv Bimetal (ShivBimetal) 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 Shiv Bimetal (ShivBimetal) stock. Volume based technical analysis of Shiv Bimetal (ShivBimetal) stock is negative.

Shiv Bimetal Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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