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(SHIVAMAUTO_BE) Shivam Auto complete technical analysis [charts+indicators] | Buy/Sell Shivam Auto | (SHIVAMAUTO_BE) share price targets

Complete technical analysis of Shivam Auto (SHIVAMAUTO_BE) by charts plus indicators, forecast predictions and share price targets for Shivam Auto (SHIVAMAUTO_BE)

Showing technical analysis as on 2023-12-29 View latest technical analysis

10 day averaged volume of Shivam Auto is 190533

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	38.45	39.75	39.75	38.30	0.587 times
15 Fri Dec 2023	36.00	35.00	36.05	34.55	2.74 times
14 Thu Dec 2023	34.35	33.55	34.95	33.55	1.403 times
13 Wed Dec 2023	33.30	33.20	33.65	32.50	0.97 times
12 Tue Dec 2023	32.70	32.45	33.05	32.05	0.699 times
11 Mon Dec 2023	32.00	30.85	32.50	30.85	0.634 times
08 Fri Dec 2023	31.00	31.70	32.75	30.55	0.813 times
07 Thu Dec 2023	31.70	31.70	31.70	30.20	1.031 times
06 Wed Dec 2023	30.20	29.15	30.20	28.90	0.604 times
05 Tue Dec 2023	28.80	28.40	29.15	27.50	0.563 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 36.9, for a target of 33.7 or 31.1

Share price targets for Shivam Auto (SHIVAMAUTO_BE)

Target Type	Value
Downside Target	27.50
Downside Target	28.35
Downside Target	29.10
Downside Target	30.45
Downside Target	31.80
Downside Target	33.65
Downside Target	36.05
Downside Target	36.50
Downside Target	38.00
Downside Target	38.30
Upside Target	39.75

Intraday share price targets for Shivam Auto (SHIVAMAUTO_BE)

Target Type	Value
Downside Intraday Target	37.92
Downside Intraday Target	37.38
Upside Intraday Target	39.37
Upside Intraday Target	40.28
Upside Intraday Target	38.83

Weekly technical analysis of Shivam Auto (SHIVAMAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	38.45	39.75	39.75	38.30	0.091 times
15 Fri Dec 2023	36.00	30.85	36.05	30.85	1.813 times
08 Fri Dec 2023	31.00	28.95	32.75	27.50	1.818 times
01 Fri Dec 2023	28.45	29.55	30.45	28.35	1.088 times
24 Fri Nov 2023	29.55	30.75	31.80	29.10	0.702 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 Shivam Auto (SHIVAMAUTO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Fri Dec 2023	38.45	28.45	39.75	27.50	1.447 times
30 Thu Nov 2023	28.50	30.00	32.95	28.40	1.056 times
31 Tue Oct 2023	30.50	35.60	36.50	29.55	0.943 times
29 Fri Sep 2023	35.30	32.80	38.00	32.75	3.692 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 Shivam Auto (SHIVAMAUTO_BE)

Price action analysis of Shivam Auto ( (SHIVAMAUTO_BE) ) 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 Shivam Auto ( (SHIVAMAUTO_BE) ) 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 Shivam Auto ( (SHIVAMAUTO_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Shivam Auto stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shivam Auto in short term and the buy signal is strong.

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

Shivam Auto 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 moving up

CCI has generated a buy signal for Shivam Auto in short term and BUY signal is strong.

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 Shivam Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.57 and Shivam Auto (SHIVAMAUTO_BE) 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 Shivam Auto (SHIVAMAUTO_BE) stock. Volume based technical analysis of Shivam Auto (SHIVAMAUTO_BE) stock is negative.

Shivam Auto 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.