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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 2024-02-20 View latest technical analysis

10 day averaged volume of Shiva Cement is 289535

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	52.09	52.88	52.88	51.66	0.55 times
19 Mon Feb 2024	51.49	51.20	52.60	51.05	1.073 times
16 Fri Feb 2024	51.56	51.97	52.50	51.50	0.516 times
15 Thu Feb 2024	51.38	51.10	52.50	51.10	0.604 times
14 Wed Feb 2024	51.40	51.00	51.80	50.70	0.381 times
13 Tue Feb 2024	51.20	51.20	51.90	49.70	0.737 times
12 Mon Feb 2024	51.23	52.51	53.58	50.85	1.219 times
09 Fri Feb 2024	52.90	53.69	54.24	52.19	0.979 times
08 Thu Feb 2024	53.41	53.55	54.39	52.91	1.08 times
07 Wed Feb 2024	53.98	53.77	54.90	53.10	0.538 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 51.4 as stoploss in an intra day buy trade for a target of 53.02. However, stock will show a bearish move below 51.4.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	47.00
Downside Target	47.99
Downside Target	49.70
Upside Target	54.64
Upside Target	56.30
Upside Target	57.90
Upside Target	59.85
Upside Target	60.00
Upside Target	61.20
Upside Target	64.80

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	51.13
Downside Intraday Target	50.18
Upside Intraday Target	52.96
Upside Intraday Target	53.84
Downside Intraday Target	52.01

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	52.09	51.20	52.88	51.05	0.469 times
16 Fri Feb 2024	51.56	52.51	53.58	49.70	0.432 times
09 Fri Feb 2024	52.90	52.97	57.90	52.19	1.181 times
02 Fri Feb 2024	52.97	53.65	54.64	51.60	1.272 times
25 Thu Jan 2024	53.54	57.52	60.00	53.25	0.894 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
20 Tue Feb 2024	52.09	53.14	57.90	49.70	0.456 times
31 Wed Jan 2024	52.87	53.88	61.20	50.90	1.549 times
29 Fri Dec 2023	53.19	54.00	59.85	47.00	1.521 times
30 Thu Nov 2023	53.01	56.30	56.30	49.97	0.471 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 52.08 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.