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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 2024-08-23 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 181540

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	592.35	611.90	613.65	584.55	0.806 times
22 Thu Aug 2024	603.65	595.70	614.90	589.55	0.614 times
21 Wed Aug 2024	586.95	592.00	595.95	583.80	0.326 times
20 Tue Aug 2024	589.80	603.00	617.05	579.65	0.694 times
19 Mon Aug 2024	603.00	593.00	609.60	581.00	0.609 times
16 Fri Aug 2024	591.30	560.90	595.25	558.55	0.67 times
14 Wed Aug 2024	559.00	566.90	568.05	555.00	0.438 times
13 Tue Aug 2024	565.55	581.15	588.90	560.40	0.764 times
12 Mon Aug 2024	581.50	548.50	587.15	541.50	1.39 times
09 Fri Aug 2024	546.55	571.40	578.45	543.00	1.613 times

My analysis of stock is bearish for shortterm, and stock might move down till 563.1 or till 518.9. Use a stoploss of 600.02 and if the stock hits stoploss, then it can shoot up till 636.9

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	575.65
Downside Intraday Target	558.95
Upside Intraday Target	613.05
Upside Intraday Target	633.75
Upside Intraday Target	596.35

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	592.35	593.00	617.05	579.65	0.935 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 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
23 Fri Aug 2024	592.35	643.40	655.00	536.10	0.522 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 Strong and stock is losing momentum.

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

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

Shivalik Bimetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 577.86 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 rising upwards.

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 is giving positive 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.