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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 2024-03-20 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 148343

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	538.50	536.00	545.85	518.55	0.643 times
19 Tue Mar 2024	535.85	530.00	542.85	524.05	0.449 times
18 Mon Mar 2024	535.40	517.00	544.00	517.00	0.857 times
15 Fri Mar 2024	516.35	494.45	518.60	490.00	0.91 times
14 Thu Mar 2024	494.45	483.25	498.75	460.00	2.639 times
13 Wed Mar 2024	503.30	521.25	529.20	484.30	1.934 times
12 Tue Mar 2024	521.20	528.60	537.15	515.00	0.616 times
11 Mon Mar 2024	533.45	558.30	564.80	530.00	0.424 times
07 Thu Mar 2024	550.25	544.95	553.20	540.05	0.858 times
06 Wed Mar 2024	536.80	551.30	551.35	525.00	0.826 times

My analysis of stock is bullish for shortterm, and stock might move up till 555.2 or till 575.7. Use a stoploss of 538 and if this stock hits its stoploss, then it can fall down till 520.85

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	500.55
Downside Target	517.00
Downside 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	521.72
Downside Intraday Target	504.93
Upside Intraday Target	550.57
Upside Intraday Target	562.63
Downside Intraday Target	533.78

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	538.50	517.00	545.85	517.00	0.299 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
20 Wed Mar 2024	538.50	539.40	575.85	460.00	0.652 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 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 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 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 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 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 517.58 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.