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

(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 2024-01-15 View latest technical analysis

10 day averaged volume of Shivam Auto is 192915

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	40.55	41.35	42.80	40.00	0.95 times
12 Fri Jan 2024	41.35	42.05	42.90	40.00	1.807 times
11 Thu Jan 2024	41.70	40.90	41.70	40.90	2.119 times
10 Wed Jan 2024	39.75	37.90	39.75	37.10	1.336 times
09 Tue Jan 2024	37.90	38.25	39.00	37.55	0.585 times
08 Mon Jan 2024	38.25	38.50	38.50	37.35	0.304 times
05 Fri Jan 2024	38.00	38.90	39.80	37.75	0.888 times
04 Thu Jan 2024	38.35	38.70	39.75	37.55	0.819 times
03 Wed Jan 2024	38.75	37.20	38.90	36.20	1.04 times
02 Tue Jan 2024	37.25	39.00	39.00	37.00	0.556 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 40, but if it comes below 40, then a intra day sell could be more profitable.
If you take a sell trade below 40, then use 40 as stoploss and 36.5 as target. However if you take a buy trade in stock , then use 40 as stoploss and 44.2 as target.

Share price targets for Shivam Auto (SHIVAMAUTO_BE)

Target Type	Value
Downside Target	27.50
Downside Target	28.40
Downside Target	29.55
Downside Target	30.85
Downside Target	32.75
Downside Target	36.05
Downside Target	38.00
Downside Target	39.75
Downside Target	39.80
Downside Target	40.00
Upside Target	42.80
Upside Target	42.90

Intraday share price targets for Shivam Auto (SHIVAMAUTO_BE)

Target Type	Value
Downside Intraday Target	39.43
Downside Intraday Target	38.32
Upside Intraday Target	42.23
Upside Intraday Target	43.92
Upside Intraday Target	41.12

Weekly technical analysis of Shivam Auto (SHIVAMAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	40.55	41.35	42.80	40.00	0.154 times
12 Fri Jan 2024	41.35	38.50	42.90	37.10	1.598 times
05 Fri Jan 2024	38.00	39.20	39.80	36.20	6.641 times
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

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 Shivam Auto (SHIVAMAUTO_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	40.55	39.20	42.90	36.20	1.002 times
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

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 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 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 coming down

CCI has generated a SELL signal for Shivam Auto 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 positive zone. This is a BUY zone

Stock of Shivam Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.86 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.