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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 2024-01-18 View latest technical analysis

10 day averaged volume of Shivam Auto is 194249

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	38.05	38.60	38.90	37.10	0.343 times
17 Wed Jan 2024	38.20	38.80	38.80	38.00	0.385 times
16 Tue Jan 2024	39.15	40.05	40.50	39.00	0.867 times
15 Mon Jan 2024	40.55	41.35	42.80	40.00	0.944 times
12 Fri Jan 2024	41.35	42.05	42.90	40.00	1.794 times
11 Thu Jan 2024	41.70	40.90	41.70	40.90	2.105 times
10 Wed Jan 2024	39.75	37.90	39.75	37.10	1.327 times
09 Tue Jan 2024	37.90	38.25	39.00	37.55	0.581 times
08 Mon Jan 2024	38.25	38.50	38.50	37.35	0.302 times
05 Fri Jan 2024	38.00	38.90	39.80	37.75	0.882 times

My analysis of stock is bullish for shortterm, and stock might move up till 40.2 or till 43.4. Use a stoploss of 37.62 and if this stock hits its stoploss, then it can fall down till 34.99

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
Upside Target	39.75
Upside Target	39.80
Upside Target	42.80
Upside Target	42.90

Intraday share price targets for Shivam Auto (SHIVAMAUTO_BE)

Target Type	Value
Downside Intraday Target	35.83
Downside Intraday Target	33.62
Upside Intraday Target	41.53
Upside Intraday Target	45.02
Upside Intraday Target	39.32

Weekly technical analysis of Shivam Auto (SHIVAMAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	38.05	41.35	42.80	37.10	0.416 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
18 Thu Jan 2024	38.05	39.20	42.90	36.20	1.149 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 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 Shivam Auto (SHIVAMAUTO_BE)

Price action analysis of Shivam Auto ( (SHIVAMAUTO_BE) ) 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 Shivam Auto ( (SHIVAMAUTO_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shivam Auto ( (SHIVAMAUTO_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Shivam Auto in short term but the sell signal is initial and weak.

Shivam Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shivam Auto in short term and SELL 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 40.06 and Shivam Auto (SHIVAMAUTO_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.