Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-19 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 149380

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	535.85	530.00	542.85	524.05	0.446 times
18 Mon Mar 2024	535.40	517.00	544.00	517.00	0.851 times
15 Fri Mar 2024	516.35	494.45	518.60	490.00	0.904 times
14 Thu Mar 2024	494.45	483.25	498.75	460.00	2.62 times
13 Wed Mar 2024	503.30	521.25	529.20	484.30	1.921 times
12 Tue Mar 2024	521.20	528.60	537.15	515.00	0.611 times
11 Mon Mar 2024	533.45	558.30	564.80	530.00	0.421 times
07 Thu Mar 2024	550.25	544.95	553.20	540.05	0.852 times
06 Wed Mar 2024	536.80	551.30	551.35	525.00	0.82 times
05 Tue Mar 2024	551.35	558.95	563.10	547.40	0.485 times

My analysis of stock is bearish for shortterm, and stock might move down till 521 or till 500.4. Use a stoploss of 538.19 and if the stock hits stoploss, then it can shoot up till 555.37

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	500.55
Downside Target	517.00
Upside Target	536.05
Upside Target	563.00
Upside Target	565.00
Upside Target	570.00
Upside Target	571.00
Upside Target	575.85
Upside Target	599.40
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	520.57
Downside Intraday Target	505.28
Upside Intraday Target	547.57
Upside Intraday Target	559.28
Downside Intraday Target	532.28

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	535.85	517.00	544.00	517.00	0.2 times
15 Fri Mar 2024	516.35	558.30	564.80	460.00	2.425 times
07 Thu Mar 2024	550.25	569.95	575.85	525.00	0.765 times
02 Sat Mar 2024	562.95	553.90	570.00	523.65	1.518 times
23 Fri Feb 2024	555.45	554.45	565.00	536.05	0.463 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
19 Tue Mar 2024	535.85	539.40	575.85	460.00	0.617 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
29 Fri Dec 2023	550.55	552.60	563.00	520.00	0.779 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 SELL signal in short term and selling is picking up 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 517.88 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.