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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 2024-08-16 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 270066

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	591.30	560.90	595.25	558.55	0.45 times
14 Wed Aug 2024	559.00	566.90	568.05	555.00	0.294 times
13 Tue Aug 2024	565.55	581.15	588.90	560.40	0.513 times
12 Mon Aug 2024	581.50	548.50	587.15	541.50	0.934 times
09 Fri Aug 2024	546.55	571.40	578.45	543.00	1.085 times
08 Thu Aug 2024	565.20	550.00	598.00	549.95	1.938 times
07 Wed Aug 2024	550.20	557.00	567.20	536.10	1.478 times
06 Tue Aug 2024	560.70	608.00	620.75	550.00	2.215 times
05 Mon Aug 2024	610.00	629.95	629.95	598.60	0.657 times
02 Fri Aug 2024	638.30	621.05	644.75	621.05	0.579 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 571 as stoploss in an intra day buy trade for a target of 615.78. However, stock will show a bearish move below 571.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.95
Downside Target	481.75
Downside Target	519.00
Downside Target	536.10
Downside Target	580.40
Upside Target	615.70
Upside Target	621.05
Upside Target	629.95
Upside Target	655.00
Upside Target	669.30
Upside Target	677.95
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	556.78
Downside Intraday Target	522.27
Upside Intraday Target	610.53
Upside Intraday Target	629.77
Downside Intraday Target	576.02

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	591.30	548.50	595.25	541.50	0.297 times
09 Fri Aug 2024	546.55	629.95	629.95	536.10	4.685 times
02 Fri Aug 2024	638.30	666.15	669.30	621.05	0.42 times
26 Fri Jul 2024	666.50	630.95	691.95	615.70	0.608 times
19 Fri Jul 2024	640.90	660.00	677.95	616.80	0.612 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
16 Fri Aug 2024	591.30	643.40	655.00	536.10	0.437 times
31 Wed Jul 2024	643.40	582.00	691.95	580.40	1.383 times
28 Fri Jun 2024	581.35	524.95	619.40	460.95	2.144 times
31 Fri May 2024	506.20	582.40	590.00	481.75	1.162 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 Shivalik Bimetal (SBCL)

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short 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 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 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 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 Shivalik Bimetal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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

MRSI is in negative zone. This is the SELL 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 569.61 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 negative.

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