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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)

Showing technical analysis as on 2023-03-14 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 7003

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Mar 2023	392.45	392.60	397.70	384.45	1.476 times
13 Mon Mar 2023	387.85	398.00	404.90	384.00	2.049 times
10 Fri Mar 2023	404.25	418.50	418.50	396.50	3.112 times
09 Thu Mar 2023	419.25	415.25	428.85	415.25	1.012 times
08 Wed Mar 2023	423.80	419.35	431.90	415.40	0.318 times
06 Mon Mar 2023	422.15	424.90	432.40	418.95	0.535 times
03 Fri Mar 2023	420.05	424.40	425.95	417.55	0.113 times
02 Thu Mar 2023	419.65	424.15	429.00	419.05	0.509 times
01 Wed Mar 2023	416.70	396.05	418.90	396.05	0.8 times
28 Tue Feb 2023	408.20	418.85	423.90	402.80	0.387 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 388.7, for a target of 406.8 or 421.92

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	359.40
Downside Target	368.00
Downside Target	384.00
Upside Target	396.05
Upside Target	404.90
Upside Target	417.05
Upside Target	432.40
Upside Target	446.40
Upside Target	448.90
Upside Target	449.90
Upside Target	450.70
Upside Target	491.20

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	382.67
Downside Intraday Target	372.88
Upside Intraday Target	403.57
Upside Intraday Target	414.68
Upside Intraday Target	393.78

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Mar 2023	392.45	398.00	404.90	384.00	0.708 times
10 Fri Mar 2023	404.25	424.90	432.40	396.50	1.674 times
03 Fri Mar 2023	420.05	445.00	450.70	396.05	0.536 times
24 Fri Feb 2023	445.10	430.60	449.90	417.05	1.063 times
17 Fri Feb 2023	437.15	434.75	448.90	419.00	0.616 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
14 Tue Mar 2023	392.45	396.05	432.40	384.00	0.401 times
28 Tue Feb 2023	408.20	386.20	450.70	368.00	1.324 times
31 Tue Jan 2023	383.75	419.25	419.25	360.15	0.553 times
30 Fri Dec 2022	406.90	414.70	446.40	359.40	0.675 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 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 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 Strong and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 404.35 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.