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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 2024-11-11 View latest technical analysis

10 day averaged volume of Shiv Bimetal is 11839

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	609.55	613.55	622.60	607.20	1.543 times
08 Fri Nov 2024	616.20	628.15	637.80	614.90	1.51 times
07 Thu Nov 2024	627.60	669.90	669.90	621.55	1.432 times
06 Wed Nov 2024	668.70	648.90	682.50	642.05	1.632 times
05 Tue Nov 2024	643.90	636.05	645.20	631.60	0.438 times
04 Mon Nov 2024	636.05	669.95	669.95	634.00	0.985 times
01 Fri Nov 2024	660.35	661.90	680.00	651.55	0.264 times
31 Thu Oct 2024	658.85	646.45	660.05	641.55	0.561 times
30 Wed Oct 2024	645.00	626.95	650.65	622.80	1.033 times
29 Tue Oct 2024	627.70	617.05	629.40	614.95	0.794 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 624.8, but if it comes above 624.8, then a intra day buy could be more profitable.
If you take a sell trade below 624.8, then use 624.8 as stoploss and 591.7 as target. However if you take a buy trade in stock , then use 624.8 as stoploss and 652.46 as target.

Share price targets for Shiv Bimetal (ShivBimetal)

Target Type	Value
Downside Target	535.25
Downside Target	548.95
Downside Target	580.55
Downside Target	600.60
Upside Target	653.85
Upside Target	680.00
Upside Target	682.50
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	603.63
Downside Intraday Target	597.72
Upside Intraday Target	619.03
Upside Intraday Target	628.52
Upside Intraday Target	613.12

Weekly technical analysis of Shiv Bimetal (ShivBimetal)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	609.55	613.55	622.60	607.20	0.257 times
08 Fri Nov 2024	616.20	669.95	682.50	614.90	1.498 times
01 Fri Nov 2024	660.35	623.05	680.00	614.35	0.453 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

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 Shiv Bimetal (ShivBimetal)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	609.55	661.90	682.50	607.20	0.181 times
31 Thu Oct 2024	658.85	654.85	728.90	600.60	1.476 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

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 Weak and stock is losing momentum.

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

Shiv Bimetal 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 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 635.62 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 negative.

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