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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 2024-10-30 View latest technical analysis

10 day averaged volume of Shiva Cement is 223004

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	41.67	40.64	41.95	40.50	0.662 times
29 Tue Oct 2024	40.37	40.55	41.75	39.00	1.098 times
28 Mon Oct 2024	41.16	41.88	42.28	40.31	0.869 times
25 Fri Oct 2024	41.31	42.70	42.97	40.55	0.752 times
24 Thu Oct 2024	42.76	42.02	43.80	42.02	0.588 times
23 Wed Oct 2024	42.56	42.50	43.44	41.05	1.548 times
22 Tue Oct 2024	42.06	43.30	43.69	41.60	1.579 times
21 Mon Oct 2024	44.22	45.03	46.30	44.01	0.774 times
18 Fri Oct 2024	44.83	44.28	45.40	43.60	1.311 times
17 Thu Oct 2024	44.40	45.43	45.43	44.30	0.941 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.2, but if it comes above 42.2, then a intra day buy could be more profitable.
If you take a sell trade below 42.2, then use 42.2 as stoploss and 39.6 as target. However if you take a buy trade in stock , then use 42.2 as stoploss and 44.38 as target.

Share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Target	39.00
Downside Target	40.50
Upside Target	42.28
Upside Target	43.60
Upside Target	46.15
Upside Target	48.50
Upside Target	48.70
Upside Target	50.40
Upside Target	52.50
Upside Target	53.80
Upside Target	57.49

Intraday share price targets for Shiva Cement (ShivaCement)

Target Type	Value
Downside Intraday Target	39.69
Downside Intraday Target	37.7
Upside Intraday Target	42.97
Upside Intraday Target	44.26
Downside Intraday Target	40.98

Weekly technical analysis of Shiva Cement (ShivaCement)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	41.67	41.88	42.28	39.00	0.502 times
25 Fri Oct 2024	41.31	45.03	46.30	40.55	1.083 times
18 Fri Oct 2024	44.83	46.50	46.71	43.60	1.467 times
11 Fri Oct 2024	46.41	46.66	48.50	45.00	1.161 times
03 Thu Oct 2024	46.90	48.70	48.70	46.40	0.417 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 Wed Oct 2024	41.67	48.15	48.50	39.00	0.739 times
30 Mon Sep 2024	47.63	50.28	50.40	46.15	0.358 times
30 Fri Aug 2024	50.28	52.31	57.49	44.15	1.466 times
31 Wed Jul 2024	52.19	50.40	53.80	46.50	1.027 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.

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 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 42.58 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.