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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 2024-09-23 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 13643

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	605.80	602.90	612.85	586.50	1.724 times
20 Fri Sep 2024	606.55	574.90	610.85	563.00	1.127 times
19 Thu Sep 2024	569.95	598.00	602.95	566.10	1.764 times
18 Wed Sep 2024	599.10	591.85	603.85	586.40	0.807 times
17 Tue Sep 2024	598.85	596.45	619.90	593.35	1.377 times
16 Mon Sep 2024	586.40	580.85	594.75	576.05	1.141 times
13 Fri Sep 2024	575.40	575.90	588.00	566.45	0.696 times
12 Thu Sep 2024	574.60	562.00	577.00	555.55	0.86 times
11 Wed Sep 2024	557.90	574.90	574.90	553.95	1.396 times
10 Tue Sep 2024	569.65	568.40	580.80	565.20	0.389 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 610, for a target of 591.7 or 576.54

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	460.90
Downside Target	481.75
Downside Target	535.25
Downside Target	548.95
Downside Target	580.55
Downside Target	601.00
Upside Target	612.85
Upside Target	619.80
Upside Target	619.90
Upside Target	653.85
Upside Target	694.00

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	590.58
Downside Intraday Target	575.37
Upside Intraday Target	616.93
Upside Intraday Target	628.07
Downside Intraday Target	601.72

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	605.80	602.90	612.85	586.50	0.277 times
20 Fri Sep 2024	606.55	580.85	619.90	563.00	1.642 times
13 Fri Sep 2024	575.40	555.55	588.00	548.95	0.935 times
06 Fri Sep 2024	560.60	564.00	589.50	555.55	0.864 times
30 Fri Aug 2024	570.85	591.30	601.00	550.00	1.513 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
23 Mon Sep 2024	605.80	564.00	619.90	548.95	0.536 times
30 Fri Aug 2024	570.85	648.95	653.85	535.25	0.68 times
31 Wed Jul 2024	642.45	581.40	694.00	580.55	1.447 times
28 Fri Jun 2024	581.20	516.45	619.80	460.90	1.836 times

Scroll below to view daily charts

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 Shiv Bimetal (ShivBimetal)

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shiv Bimetal in short term and the buy signal is strong.

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. 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 coming down

CCI has generated a buy signal for Shiv Bimetal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 585.55 and Shiv Bimetal (ShivBimetal) 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 Shiv Bimetal (ShivBimetal) stock. Volume based technical analysis of Shiv Bimetal (ShivBimetal) stock is negative.

Shiv Bimetal Stock is giving positive 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.