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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 2023-05-30 View latest technical analysis

10 day averaged volume of Shiva Cement is 101101

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue May 2023	46.70	46.09	47.00	45.69	2.608 times
29 Mon May 2023	45.47	45.66	46.39	45.14	1.162 times
26 Fri May 2023	45.64	46.60	46.60	45.52	0.708 times
25 Thu May 2023	45.61	46.34	46.69	45.11	0.962 times
24 Wed May 2023	46.10	46.89	46.95	46.01	0.961 times
23 Tue May 2023	46.34	46.80	46.80	46.05	0.867 times
22 Mon May 2023	46.51	47.02	47.58	46.30	0.779 times
19 Fri May 2023	47.01	47.40	47.40	46.70	0.493 times
18 Thu May 2023	46.97	47.30	47.35	46.80	0.86 times
17 Wed May 2023	46.47	46.30	47.41	46.00	2.075 times

Stock of Shiva Cement (ShivaCement) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 46.1 or till 44.7. Use a stoploss of 47.26 and if the stock hits stoploss, then it can shoot up till 48.4

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	41.00
Downside Target	45.11
Upside Target	49.35
Upside Target	49.54
Upside Target	49.78
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	45.56
Downside Intraday Target	44.42
Upside Intraday Target	47.42
Upside Intraday Target	48.14
Downside Intraday Target	46.28

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue May 2023	46.70	45.66	47.00	45.14	0.882 times
26 Fri May 2023	45.64	47.02	47.58	45.11	0.752 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

Price has moved up 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
30 Tue May 2023	46.70	48.48	49.78	45.11	1.28 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and the buying is gaining 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 46.32 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 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.