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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 2023-09-22 View latest technical analysis

10 day averaged volume of Shiva Cement is 216399

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	48.02	48.97	49.25	47.52	0.506 times
21 Thu Sep 2023	48.51	48.55	49.21	48.30	0.415 times
20 Wed Sep 2023	48.84	48.35	49.38	48.00	0.651 times
18 Mon Sep 2023	48.86	50.33	50.74	48.50	0.882 times
15 Fri Sep 2023	50.33	50.80	51.75	50.01	0.995 times
14 Thu Sep 2023	50.70	50.95	51.50	50.00	1.553 times
13 Wed Sep 2023	49.36	48.38	51.75	47.80	1.151 times
12 Tue Sep 2023	48.37	51.00	51.88	48.12	1.473 times
11 Mon Sep 2023	50.64	50.22	51.90	50.22	1.508 times
08 Fri Sep 2023	50.75	50.75	51.30	50.22	0.693 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 47.8 as stoploss in an intra day buy trade for a target of 49.29. However, stock will show a bearish move below 47.8.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	44.55
Downside Target	47.52
Upside Target	49.78
Upside Target	50.74
Upside Target	51.50
Upside Target	51.70
Upside Target	51.90
Upside Target	52.80
Upside Target	53.80

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	46.78
Downside Intraday Target	45.54
Upside Intraday Target	50
Upside Intraday Target	51.98
Upside Intraday Target	48.76

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Sep 2023	48.02	50.33	50.74	47.52	0.367 times
15 Fri Sep 2023	50.33	50.22	51.90	47.80	1.059 times
08 Fri Sep 2023	50.75	49.55	52.80	49.05	0.816 times
01 Fri Sep 2023	49.20	46.10	51.70	46.10	2.372 times
25 Fri Aug 2023	46.51	46.84	48.15	46.10	0.943 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
22 Fri Sep 2023	48.02	49.00	52.80	47.52	0.816 times
31 Thu Aug 2023	48.52	49.20	51.70	45.80	0.915 times
31 Mon Jul 2023	48.92	47.40	53.80	45.10	1.037 times
30 Fri Jun 2023	46.55	47.25	51.50	44.55	1.952 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 49.63 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.