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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 69460

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 523.35 532.50 535.15 522.05 1.226 times
16 Thu May 2024 532.75 541.80 542.50 528.95 0.979 times
15 Wed May 2024 538.30 549.25 553.25 536.15 0.9 times
14 Tue May 2024 549.25 538.90 555.00 538.90 0.814 times
13 Mon May 2024 537.65 550.15 568.00 529.95 1.491 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 524, for a target of 544.9 or 562.26

Share price targets for Shivalik Bimetal (SBCL)

Target Type Value
Downside Target 460.00
Downside Target 519.00
Upside Target 548.00
Upside Target 567.55
Upside Target 577.80
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 507.6
Downside Intraday Target 491.85
Upside Intraday Target 553.55
Upside Intraday Target 583.75
Upside Intraday Target 537.8

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date Weekly Closing Price Open High Low Volume
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
19 Fri Apr 2024 567.20 552.00 577.80 519.00 0.982 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 Shivalik Bimetal (SBCL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 523.35 582.40 590.00 522.05 0.431 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 8, 25, 54 Sell
MACD -11, -3Sell
Stochastics 7Sell
CCI -142Sell
RSI 46Sell
OBV 8085Sell
VWAP 547Sell
ADL 0Sell
ROC -10Sell
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 Strong 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 and selling is picking up 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 546.69 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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