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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 2024-08-20 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 269373

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	589.80	603.00	617.05	579.65	0.468 times
19 Mon Aug 2024	603.00	593.00	609.60	581.00	0.411 times
16 Fri Aug 2024	591.30	560.90	595.25	558.55	0.451 times
14 Wed Aug 2024	559.00	566.90	568.05	555.00	0.295 times
13 Tue Aug 2024	565.55	581.15	588.90	560.40	0.515 times
12 Mon Aug 2024	581.50	548.50	587.15	541.50	0.937 times
09 Fri Aug 2024	546.55	571.40	578.45	543.00	1.087 times
08 Thu Aug 2024	565.20	550.00	598.00	549.95	1.943 times
07 Wed Aug 2024	550.20	557.00	567.20	536.10	1.482 times
06 Tue Aug 2024	560.70	608.00	620.75	550.00	2.221 times

My analysis of stock is bearish for shortterm, and stock might move down till 567 or till 513.9. Use a stoploss of 611.25 and if the stock hits stoploss, then it can shoot up till 655.52

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	579.65
Upside Target	615.70
Upside Target	619.40
Upside Target	621.05
Upside Target	629.95
Upside Target	655.00
Upside Target	669.30
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	573.95
Downside Intraday Target	558.1
Upside Intraday Target	611.35
Upside Intraday Target	632.9
Upside Intraday Target	595.5

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	589.80	593.00	617.05	579.65	0.4 times
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

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
20 Tue Aug 2024	589.80	643.40	655.00	536.10	0.473 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 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 gaining 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. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Shivalik Bimetal in short term but SELL signal is weak.

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

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 565.19 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.