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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 2024-09-10 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 114687

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	569.55	559.45	581.90	559.45	1.089 times
09 Mon Sep 2024	559.45	555.15	570.00	548.25	1.266 times
06 Fri Sep 2024	561.00	569.15	576.90	553.35	0.882 times
05 Thu Sep 2024	569.15	581.10	587.80	567.00	0.498 times
04 Wed Sep 2024	580.90	566.95	596.00	563.55	0.862 times
03 Tue Sep 2024	571.95	570.60	581.95	570.00	0.847 times
02 Mon Sep 2024	570.60	570.00	579.40	558.20	0.882 times
30 Fri Aug 2024	568.05	557.20	576.85	553.10	1.47 times
29 Thu Aug 2024	552.30	570.00	575.80	550.00	1.774 times
28 Wed Aug 2024	571.90	580.35	582.00	568.00	0.584 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 562.3 as stoploss in an intra day buy trade for a target of 577.15. However, stock will show a bearish move below 562.3.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.95
Downside Target	481.75
Downside Target	536.10
Upside Target	579.65
Upside Target	595.25
Upside Target	596.00
Upside Target	602.00
Upside Target	617.05
Upside Target	619.40
Upside Target	655.00
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	551.23
Downside Intraday Target	532.92
Upside Intraday Target	584.88
Upside Intraday Target	600.22
Downside Intraday Target	566.57

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	569.55	555.15	581.90	548.25	0.593 times
06 Fri Sep 2024	561.00	570.00	596.00	553.35	0.608 times
30 Fri Aug 2024	568.05	593.25	602.00	550.00	1.353 times
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

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
10 Tue Sep 2024	569.55	570.00	596.00	548.25	0.176 times
30 Fri Aug 2024	568.05	643.40	655.00	536.10	0.638 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 but buying is losing 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 565.69 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.