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(ShivBimetal) Shiv Bimetal complete technical analysis [charts+indicators] | Buy/Sell Shiv Bimetal | (ShivBimetal) share price targets

Complete technical analysis of Shiv Bimetal (ShivBimetal) by charts plus indicators, forecast predictions and share price targets for Shiv Bimetal (ShivBimetal)

Showing technical analysis as on 2024-10-29 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 18002

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	627.70	617.05	629.40	614.95	0.522 times
28 Mon Oct 2024	631.75	623.05	636.85	614.35	0.888 times
25 Fri Oct 2024	623.45	633.60	647.30	617.00	1.521 times
24 Thu Oct 2024	645.10	650.10	651.10	635.45	0.495 times
23 Wed Oct 2024	651.40	644.85	660.35	634.55	0.888 times
22 Tue Oct 2024	643.55	670.85	670.85	638.55	1.779 times
21 Mon Oct 2024	672.50	702.85	702.85	666.55	1.128 times
18 Fri Oct 2024	698.65	680.60	704.90	670.00	0.522 times
17 Thu Oct 2024	685.35	690.55	701.95	674.60	1.008 times
16 Wed Oct 2024	691.40	712.15	716.00	687.00	0.692 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 633.5, but if it comes above 633.5, then a intra day buy could be more profitable.
If you take a sell trade below 633.5, then use 633.5 as stoploss and 597.8 as target. However if you take a buy trade in stock , then use 633.5 as stoploss and 663.23 as target.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	460.90
Downside Target	535.25
Downside Target	548.95
Downside Target	580.55
Downside Target	600.60
Downside Target	614.35
Upside Target	653.85
Upside Target	670.00
Upside Target	694.00
Upside Target	702.85
Upside Target	721.40
Upside Target	728.90

Intraday share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Intraday Target	615.75
Downside Intraday Target	603.8
Upside Intraday Target	638.25
Upside Intraday Target	648.8
Downside Intraday Target	626.3

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	627.70	623.05	636.85	614.35	0.243 times
25 Fri Oct 2024	623.45	702.85	702.85	617.00	1.296 times
18 Fri Oct 2024	698.65	703.90	721.40	670.00	0.352 times
11 Fri Oct 2024	694.65	623.60	728.90	600.60	2.576 times
03 Thu Oct 2024	632.05	634.90	658.00	626.95	0.776 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 Shiv Bimetal (ShivBimetal)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	627.70	654.85	728.90	600.60	1.421 times
30 Mon Sep 2024	645.25	564.00	658.00	548.95	0.86 times
30 Fri Aug 2024	570.85	648.95	653.85	535.25	0.68 times
31 Wed Jul 2024	642.45	581.40	694.00	580.55	1.447 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 Shiv Bimetal (ShivBimetal)

Price action analysis of Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) 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 Shiv Bimetal ( (ShivBimetal) ) based on a mid to longer 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.

ADX buy sell signal for Shiv Bimetal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shiv Bimetal in short term but the sell signal is initial and weak.

Shiv Bimetal 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shiv Bimetal in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shiv Bimetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 653.62 and Shiv Bimetal (ShivBimetal) 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 Shiv Bimetal (ShivBimetal) stock. Volume based technical analysis of Shiv Bimetal (ShivBimetal) stock is negative.

Shiv Bimetal 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.