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

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

10 day averaged volume of Shivalik Rasayan is 14393

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 590.70 601.40 604.20 582.00 1.295 times
21 Tue May 2024 598.45 606.90 621.50 595.05 0.841 times
20 Mon May 2024 605.95 624.00 624.00 600.75 0.333 times
17 Fri May 2024 613.60 610.15 618.00 607.30 0.271 times
16 Thu May 2024 609.85 604.20 612.95 602.55 0.916 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 582.3 as stoploss in an intra day buy trade for a target of 616.59. However, stock will show a bearish move below 582.3.

Share price targets for Shivalik Rasayan (SHIVALIK)

Target Type Value
Downside Target 492.90
Downside Target 549.55
Downside Target 576.05
Upside Target 618.00
Upside Target 624.00
Upside Target 645.05
Upside Target 678.20
Upside Target 724.95
Upside Target 725.00
Upside Target 774.50

Intraday share price targets for Shivalik Rasayan (SHIVALIK)

Target Type Value
Downside Intraday Target 573.8
Downside Intraday Target 556.9
Upside Intraday Target 615.8
Upside Intraday Target 640.9
Upside Intraday Target 598.9

Weekly technical analysis of Shivalik Rasayan (SHIVALIK)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 590.70 624.00 624.00 582.00 0.575 times
17 Fri May 2024 613.60 615.00 618.00 588.10 0.348 times
10 Fri May 2024 611.75 637.00 678.20 602.05 0.13 times
03 Fri May 2024 632.40 576.05 725.00 576.05 16.959 times
26 Fri Apr 2024 578.30 565.30 584.40 549.55 1.315 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 Rasayan (SHIVALIK)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 590.70 663.60 678.20 582.00 0.182 times
30 Tue Apr 2024 663.60 580.00 725.00 549.55 3 times
28 Thu Mar 2024 577.90 606.45 618.95 492.90 2.077 times
29 Thu Feb 2024 600.50 724.95 724.95 596.00 0.475 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 Rasayan (SHIVALIK)

Indicator Name Indicator Value Indicator Signal
ADX 16, 20, 11 Sell
MACD 2, 8Sell
Stochastics 15Sell
CCI -151Sell
RSI 57Buy
OBV 313145Sell
VWAP 604Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Shivalik Rasayan ( (SHIVALIK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shivalik Rasayan ( (SHIVALIK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shivalik Rasayan ( (SHIVALIK) ) 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 Rasayan ( (SHIVALIK) ) based on a mid to longer term time period is

ADX buy sell signal for Shivalik Rasayan stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Shivalik Rasayan 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 Rasayan in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shivalik Rasayan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 603.9 and Shivalik Rasayan (SHIVALIK) 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 Rasayan (SHIVALIK) stock. Volume based technical analysis of Shivalik Rasayan (SHIVALIK) stock is negative.

Shivalik Rasayan 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.

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