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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 2024-03-14 View latest technical analysis

10 day averaged volume of Shiva Cement is 219381

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	46.37	44.01	47.36	44.01	0.884 times
13 Wed Mar 2024	44.27	45.77	46.43	43.25	1.732 times
12 Tue Mar 2024	46.26	47.52	47.82	44.00	1.573 times
11 Mon Mar 2024	47.52	48.94	48.94	47.35	0.872 times
07 Thu Mar 2024	48.32	48.44	49.00	48.00	0.859 times
06 Wed Mar 2024	47.94	49.39	49.74	47.50	1.493 times
05 Tue Mar 2024	49.35	50.10	50.79	49.00	1.047 times
04 Mon Mar 2024	50.02	51.11	51.39	49.70	0.935 times
02 Sat Mar 2024	51.11	50.80	51.29	50.30	0.143 times
01 Fri Mar 2024	50.73	50.79	51.90	50.25	0.702 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.6, but if it comes above 47.6, then a intra day buy could be more profitable.
If you take a sell trade below 47.6, then use 47.6 as stoploss and 44.7 as target. However if you take a buy trade in stock , then use 47.6 as stoploss and 50.01 as target.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	43.25
Upside Target	47.00
Upside Target	48.94
Upside Target	51.90
Upside Target	52.75
Upside Target	53.58
Upside Target	55.45
Upside Target	56.30
Upside Target	57.90
Upside Target	59.85
Upside Target	61.20

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	43.43
Downside Intraday Target	40.5
Upside Intraday Target	49.12
Upside Intraday Target	51.88
Downside Intraday Target	46.19

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	46.37	48.94	48.94	43.25	1.168 times
07 Thu Mar 2024	48.32	51.11	51.39	47.50	1.056 times
02 Sat Mar 2024	51.11	52.39	52.75	49.50	0.687 times
23 Fri Feb 2024	52.39	51.20	55.45	51.05	1.309 times
16 Fri Feb 2024	51.56	52.51	53.58	49.70	0.432 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
14 Thu Mar 2024	46.37	50.79	51.90	43.25	0.363 times
29 Thu Feb 2024	50.54	53.14	57.90	49.50	0.609 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

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 losing 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 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 SELL signal in short term but selling 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 47.49 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.