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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 2024-04-12 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 112819

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	569.00	584.95	590.00	565.90	0.55 times
10 Wed Apr 2024	579.50	581.80	585.00	572.50	0.655 times
09 Tue Apr 2024	576.80	580.65	589.90	571.90	0.631 times
08 Mon Apr 2024	582.10	583.70	595.00	576.35	0.774 times
05 Fri Apr 2024	576.35	586.00	590.00	572.05	0.595 times
04 Thu Apr 2024	586.25	598.45	599.30	575.00	2.502 times
03 Wed Apr 2024	573.30	557.85	575.00	555.85	0.93 times
02 Tue Apr 2024	557.85	539.00	566.00	539.00	1.345 times
01 Mon Apr 2024	538.90	522.90	558.35	520.00	0.55 times
28 Thu Mar 2024	519.35	520.10	534.40	512.15	0.963 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 572.5 as stoploss in an intra day sell trade for a target of 545.2. However, stock will show a bullish move above 572.5.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	512.15
Downside Target	545.85
Downside Target	563.00
Downside Target	564.80
Downside Target	565.90
Upside Target	575.85
Upside Target	595.00
Upside Target	599.30
Upside Target	599.40
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	558.27
Downside Intraday Target	547.53
Upside Intraday Target	587.37
Upside Intraday Target	605.73
Upside Intraday Target	576.63

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	569.00	583.70	595.00	565.90	0.441 times
05 Fri Apr 2024	576.35	522.90	599.30	520.00	1.837 times
28 Thu Mar 2024	519.35	540.00	549.50	512.15	0.912 times
22 Fri Mar 2024	536.35	517.00	545.85	517.00	0.412 times
15 Fri Mar 2024	516.35	558.30	564.80	460.00	2.425 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
12 Fri Apr 2024	569.00	522.90	599.30	520.00	0.431 times
28 Thu Mar 2024	519.35	539.40	575.85	460.00	0.827 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short to mid 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 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 losing momentum.

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

Shivalik Bimetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing 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 568.38 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.