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

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

10 day averaged volume of Shivalik Bimetal is 71131

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 526.15 518.25 527.30 511.40 1.235 times
21 Tue May 2024 518.25 530.00 549.00 516.00 1.399 times
20 Mon May 2024 526.15 525.90 530.10 522.95 0.318 times
17 Fri May 2024 523.35 532.50 535.15 522.05 1.197 times
16 Thu May 2024 532.75 541.80 542.50 528.95 0.956 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 533.5, but if it comes above 533.5, then a intra day buy could be more profitable.
If you take a sell trade below 533.5, then use 533.5 as stoploss and 508 as target. However if you take a buy trade in stock , then use 533.5 as stoploss and 554.81 as target.

Share price targets for Shivalik Bimetal (SBCL)

Target Type Value
Downside Target 460.00
Downside Target 511.40
Upside Target 548.00
Upside Target 567.55
Upside Target 575.85
Upside Target 590.00
Upside Target 599.00
Upside Target 599.40
Upside Target 600.00
Upside Target 616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type Value
Downside Intraday Target 508.7
Downside Intraday Target 491.25
Upside Intraday Target 546.3
Upside Intraday Target 566.45
Upside Intraday Target 528.85

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 526.15 525.90 549.00 511.40 0.559 times
17 Fri May 2024 523.35 550.15 568.00 522.05 1.178 times
10 Fri May 2024 556.35 581.90 590.00 548.05 1.356 times
03 Fri May 2024 581.45 582.50 599.00 570.00 0.47 times
26 Fri Apr 2024 576.65 574.70 600.00 567.55 1.728 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 Shivalik Bimetal (SBCL)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 526.15 582.40 590.00 511.40 0.543 times
30 Tue Apr 2024 574.45 522.90 600.00 519.00 0.838 times
28 Thu Mar 2024 519.35 539.40 575.85 460.00 0.827 times
29 Thu Feb 2024 539.40 593.30 599.40 519.05 0.508 times

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 Shivalik Bimetal (SBCL)

Indicator Name Indicator Value Indicator Signal
ADX 14, 21, 19 Sell
MACD -16, -10Sell
Stochastics 13Sell
CCI -101Sell
RSI 46Sell
OBV -189535Sell
VWAP 535Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Shivalik Bimetal ( (SBCL) ) 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 Shivalik Bimetal ( (SBCL) ) 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 Shivalik Bimetal ( (SBCL) ) 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 Shivalik Bimetal ( (SBCL) ) 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 Shivalik Bimetal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Shivalik 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Shivalik 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 Shivalik 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 535.45 and Shivalik Bimetal (SBCL) 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 Shivalik Bimetal (SBCL) stock. Volume based technical analysis of Shivalik Bimetal (SBCL) stock is negative.

Shivalik 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.

Click here for Shivalik Bimetal charts

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