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(ShivaCement) Shiva Cement complete technical analysis [charts+indicators] | Buy/Sell Shiva Cement | (ShivaCement) share price targets

Complete technical analysis of Shiva Cement (ShivaCement) by charts plus indicators, forecast predictions and share price targets for Shiva Cement (ShivaCement)

10 day averaged volume of Shiva Cement is 528280

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 46.71 46.99 47.01 46.26 0.451 times
15 Wed May 2024 46.53 45.99 47.40 45.65 1.064 times
14 Tue May 2024 45.61 45.05 46.70 45.05 0.74 times
13 Mon May 2024 45.32 47.02 47.39 45.01 0.591 times
10 Fri May 2024 47.02 43.52 48.01 42.99 3.442 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 47.2, for a target of 45.5 or 44.06

Share price targets for Shiva Cement (ShivaCement)

Target Type Value
Downside Target 38.65
Downside Target 42.00
Downside Target 43.25
Downside Target 44.87
Upside Target 47.40
Upside Target 48.01
Upside Target 49.50
Upside Target 50.90
Upside Target 51.80
Upside Target 51.90
Upside Target 57.90
Upside Target 61.20

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type Value
Downside Intraday Target 45.35
Downside Intraday Target 43.98
Upside Intraday Target 47.74
Upside Intraday Target 48.76
Downside Intraday Target 46.37

Weekly technical analysis of Shiva Cement (ShivaCement)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 46.71 47.02 47.40 45.01 0.461 times
10 Fri May 2024 47.02 43.01 48.01 42.40 1.554 times
03 Fri May 2024 42.95 44.87 44.87 42.02 0.889 times
26 Fri Apr 2024 44.13 44.50 45.80 42.00 2.109 times
19 Fri Apr 2024 44.48 42.75 45.25 42.24 0.858 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 Shiva Cement (ShivaCement)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 46.71 42.99 48.01 42.02 0.571 times
30 Tue Apr 2024 42.24 47.50 51.80 38.65 1.625 times
28 Thu Mar 2024 46.65 50.79 51.90 43.25 1.012 times
29 Thu Feb 2024 50.54 53.14 57.90 49.50 0.609 times

Price has moved up 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 Shiva Cement (ShivaCement)

Indicator Name Indicator Value Indicator Signal
ADX 24, 12, 33 Buy
MACD -1, -1Buy
Stochastics 71Buy
CCI 89Buy
RSI 48Sell
OBV 3987466Sell
VWAP 45Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a short 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.

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a short 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.

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a short to mid 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.

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a mid to longer 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.

ADX buy sell signal for Shiva Cement stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shiva Cement 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.

Shiva Cement Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 buy signal for Shiva Cement in short term and BUY signal is strong.

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 Shiva Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 45.37 and Shiva Cement (ShivaCement) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shiva Cement (ShivaCement) stock. Volume based technical analysis of Shiva Cement (ShivaCement) stock is negative.

Shiva Cement Stock is giving positive 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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