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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 2024-12-30 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 11484

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	560.90	582.90	587.95	553.95	1.912 times
27 Fri Dec 2024	579.05	594.95	594.95	572.00	0.303 times
26 Thu Dec 2024	573.45	590.00	591.50	571.25	0.778 times
24 Tue Dec 2024	586.85	579.55	588.35	563.30	1.282 times
23 Mon Dec 2024	578.40	605.60	606.75	575.00	0.662 times
20 Fri Dec 2024	602.00	629.85	629.85	600.00	1.348 times
19 Thu Dec 2024	617.65	620.05	623.05	606.55	0.951 times
18 Wed Dec 2024	625.70	627.85	629.90	623.00	0.393 times
17 Tue Dec 2024	626.35	626.55	639.00	618.50	2.459 times
16 Mon Dec 2024	612.25	597.95	614.90	596.30	0.947 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 570.9, but if it comes above 570.9, then a intra day buy could be more profitable.
If you take a sell trade below 570.9, then use 570.9 as stoploss and 547 as target. However if you take a buy trade in stock , then use 570.9 as stoploss and 590.77 as target.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	534.65
Downside Target	548.95
Upside Target	578.55
Upside Target	606.75
Upside Target	621.00
Upside Target	639.00
Upside Target	653.85
Upside Target	658.00
Upside Target	682.50
Upside Target	728.90

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	547.25
Downside Intraday Target	533.6
Upside Intraday Target	581.25
Upside Intraday Target	601.6
Upside Intraday Target	567.6

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Dec 2024	560.90	582.90	587.95	553.95	0.632 times
27 Fri Dec 2024	579.05	605.60	606.75	563.30	0.496 times
20 Fri Dec 2024	602.00	597.95	639.00	596.30	1.272 times
13 Fri Dec 2024	595.40	590.85	621.00	578.55	1.402 times
06 Fri Dec 2024	588.20	555.85	593.90	536.85	0.66 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
30 Mon Dec 2024	560.90	555.85	639.00	536.85	0.905 times
29 Fri Nov 2024	552.85	661.90	682.50	534.65	0.479 times
31 Thu Oct 2024	658.85	654.85	728.90	600.60	1.476 times
30 Mon Sep 2024	645.25	564.00	658.00	548.95	0.86 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 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 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 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 red color and prices are below the red cloud Prices appear to be coming down

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

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 597.55 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.