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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)

Showing technical analysis as on 2024-04-22 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 93334

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	574.70	574.70	582.80	567.55	0.796 times
19 Fri Apr 2024	567.20	559.00	577.80	545.55	0.911 times
18 Thu Apr 2024	559.90	555.00	570.00	552.10	0.528 times
16 Tue Apr 2024	559.85	554.45	567.70	551.65	0.536 times
15 Mon Apr 2024	562.90	552.00	571.65	519.00	1.125 times
12 Fri Apr 2024	569.00	584.95	590.00	565.90	0.665 times
10 Wed Apr 2024	579.50	581.80	585.00	572.50	0.791 times
09 Tue Apr 2024	576.80	580.65	589.90	571.90	0.763 times
08 Mon Apr 2024	582.10	583.70	595.00	576.35	0.936 times
05 Fri Apr 2024	576.35	586.00	590.00	572.05	0.72 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 578.1 as stoploss in an intra day sell trade for a target of 557.16. However, stock will show a bullish move above 578.1.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	512.15
Downside Target	548.00
Downside Target	563.00
Upside Target	575.85
Upside Target	577.80
Upside Target	582.80
Upside Target	595.00
Upside Target	599.30
Upside Target	599.40
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	567.23
Downside Intraday Target	559.77
Upside Intraday Target	582.48
Upside Intraday Target	590.27
Upside Intraday Target	575.02

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	574.70	574.70	582.80	567.55	0.257 times
19 Fri Apr 2024	567.20	552.00	577.80	519.00	0.982 times
12 Fri Apr 2024	569.00	583.70	595.00	565.90	0.441 times
05 Fri Apr 2024	576.35	522.90	599.30	520.00	1.837 times
28 Thu Mar 2024	519.35	540.00	549.50	512.15	0.912 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 Mon Apr 2024	574.70	522.90	599.30	519.00	0.593 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
31 Wed Jan 2024	588.50	555.00	616.95	548.00	2.682 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 losing momentum.

MACD generated a BUY signal for Shivalik Bimetal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shivalik Bimetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shivalik Bimetal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 571.33 and Shivalik Bimetal (SBCL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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