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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)

Showing technical analysis as on 2023-03-20 View latest technical analysis

10 day averaged volume of Shiva Cement is 240176

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	51.36	52.01	53.25	50.05	0.439 times
17 Fri Mar 2023	53.08	45.90	54.45	45.51	2.657 times
16 Thu Mar 2023	45.38	46.10	46.10	41.00	3.037 times
15 Wed Mar 2023	46.20	46.80	47.45	46.00	0.319 times
14 Tue Mar 2023	45.87	46.30	46.90	45.25	0.528 times
13 Mon Mar 2023	46.59	47.10	47.89	46.50	0.35 times
10 Fri Mar 2023	47.67	46.56	47.95	46.56	0.244 times
09 Thu Mar 2023	47.71	48.70	50.00	46.20	1.726 times
08 Wed Mar 2023	49.40	48.65	49.50	48.00	0.383 times
06 Mon Mar 2023	48.96	49.65	49.78	48.32	0.446 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 51.4 as stoploss in an intra day sell trade for a target of 49.16. However, stock will show a bullish move above 51.4.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	41.00
Downside Target	46.20
Downside Target	48.75
Downside Target	50.00
Downside Target	51.15
Upside Target	52.20
Upside Target	53.70
Upside Target	54.45
Upside Target	55.95
Upside Target	56.95
Upside Target	59.90
Upside Target	61.40

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	49.86
Downside Intraday Target	48.35
Upside Intraday Target	53.06
Upside Intraday Target	54.75
Upside Intraday Target	51.55

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	51.36	52.01	53.25	50.05	0.064 times
17 Fri Mar 2023	53.08	47.10	54.45	41.00	2.462 times
10 Fri Mar 2023	47.67	49.65	50.00	46.20	1.201 times
03 Fri Mar 2023	49.26	49.30	51.15	46.90	1.464 times
24 Fri Feb 2023	49.20	53.50	53.70	48.75	0.557 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
20 Mon Mar 2023	51.36	49.90	54.45	41.00	1.126 times
28 Tue Feb 2023	48.50	55.15	55.95	46.90	0.617 times
31 Tue Jan 2023	54.80	56.80	59.90	52.20	0.759 times
30 Fri Dec 2022	55.90	54.50	61.40	47.20	1.895 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 Shiva Cement (ShivaCement)

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shiva Cement ( (ShivaCement) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak 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 coming down

CCI has generated a buy signal for Shiva Cement in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Shiva Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.51 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.