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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 24670

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	536.90	533.00	543.25	525.05	0.638 times
21 Thu Sep 2023	534.90	540.35	542.00	532.05	0.2 times
20 Wed Sep 2023	542.05	548.00	548.00	525.95	0.779 times
18 Mon Sep 2023	535.45	549.85	554.30	533.00	0.974 times
15 Fri Sep 2023	554.30	549.00	558.75	532.55	1.028 times
14 Thu Sep 2023	539.00	531.70	551.00	530.00	0.942 times
13 Wed Sep 2023	525.70	515.05	534.00	505.00	2.1 times
12 Tue Sep 2023	517.35	553.05	556.45	513.50	0.888 times
11 Mon Sep 2023	548.65	556.05	569.90	546.35	1.547 times
08 Fri Sep 2023	561.00	568.95	574.55	556.00	0.866 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 536.3 as stoploss in an intra day buy trade for a target of 557.1. However, stock will show a bearish move below 536.3.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	483.55
Downside Target	501.90
Downside Target	525.05
Upside Target	552.10
Upside Target	569.90
Upside Target	591.90
Upside Target	599.60
Upside Target	622.35
Upside Target	675.10
Upside Target	699.45
Upside Target	730.00

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	523.2
Downside Intraday Target	509.5
Upside Intraday Target	552.45
Upside Intraday Target	568
Upside Intraday Target	538.75

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	536.90	549.85	554.30	525.05	0.398 times
15 Fri Sep 2023	554.30	556.05	569.90	505.00	1.355 times
08 Fri Sep 2023	561.00	577.55	591.90	552.10	0.597 times
01 Fri Sep 2023	577.00	575.05	599.60	560.00	1.112 times
25 Fri Aug 2023	556.30	515.00	569.30	501.90	1.164 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
22 Fri Sep 2023	536.90	588.05	591.90	505.00	0.231 times
31 Thu Aug 2023	586.95	690.00	699.45	501.90	4.242 times
31 Mon Jul 2023	701.25	627.95	730.00	622.35	0.699 times
30 Fri Jun 2023	617.30	514.85	675.10	509.70	1.538 times

Scroll below to view daily charts

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)

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shiv Bimetal 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.

Shiv Bimetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 538.93 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 negative.

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