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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 2023-05-23 View latest technical analysis

10 day averaged volume of Shiva Cement is 102497

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue May 2023	46.34	46.80	46.80	46.05	0.855 times
22 Mon May 2023	46.51	47.02	47.58	46.30	0.768 times
19 Fri May 2023	47.01	47.40	47.40	46.70	0.487 times
18 Thu May 2023	46.97	47.30	47.35	46.80	0.849 times
17 Wed May 2023	46.47	46.30	47.41	46.00	2.046 times
16 Tue May 2023	48.21	47.70	49.35	47.70	1.118 times
15 Mon May 2023	47.43	48.60	48.75	47.30	1.111 times
12 Fri May 2023	48.26	47.95	48.90	47.05	0.758 times
11 Thu May 2023	48.11	47.15	48.49	46.75	0.645 times
10 Wed May 2023	47.19	48.40	48.40	46.20	1.381 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.9, but if it comes above 46.9, then a intra day buy could be more profitable.
If you take a sell trade below 46.9, then use 46.9 as stoploss and 45.9 as target. However if you take a buy trade in stock , then use 46.9 as stoploss and 47.75 as target.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	41.00
Downside Target	46.00
Upside Target	49.35
Upside Target	49.78
Upside Target	49.87
Upside Target	52.20
Upside Target	54.45
Upside Target	55.95
Upside Target	59.90

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	45.73
Downside Intraday Target	45.13
Upside Intraday Target	47.26
Upside Intraday Target	48.19
Upside Intraday Target	46.66

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue May 2023	46.34	47.02	47.58	46.05	0.289 times
19 Fri May 2023	47.01	48.60	49.35	46.00	1.12 times
12 Fri May 2023	48.26	48.80	49.54	46.20	1.543 times
05 Fri May 2023	49.04	48.48	49.78	48.13	0.55 times
28 Fri Apr 2023	47.87	48.94	49.87	46.35	1.623 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
23 Tue May 2023	46.34	48.48	49.78	46.00	0.909 times
28 Fri Apr 2023	47.87	46.80	52.20	46.35	0.481 times
31 Fri Mar 2023	46.93	49.90	54.45	41.00	1.527 times
28 Tue Feb 2023	48.50	55.15	55.95	46.90	0.617 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 Shiva Cement (ShivaCement)

Price action analysis of Shiva Cement ( (ShivaCement) ) 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 Shiva Cement ( (ShivaCement) ) 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 Shiva Cement ( (ShivaCement) ) 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shiva Cement in short term and the sell signal is strong.

Shiva Cement 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 Shiva Cement in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Shiva Cement is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 47.17 and Shiva Cement (ShivaCement) 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 Shiva Cement (ShivaCement) stock. Volume based technical analysis of Shiva Cement (ShivaCement) stock is negative.

Shiva Cement 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.