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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 2024-01-25 View latest technical analysis

10 day averaged volume of Shivam Auto is 197773

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	36.25	35.50	37.35	35.50	0.583 times
24 Wed Jan 2024	35.90	36.25	36.85	35.55	1.589 times
23 Tue Jan 2024	36.80	38.00	38.65	36.80	0.897 times
22 Mon Jan 2024	38.70	38.95	38.95	37.10	0.543 times
19 Fri Jan 2024	38.95	38.50	39.80	38.00	0.647 times
18 Thu Jan 2024	38.05	38.60	38.90	37.10	0.337 times
17 Wed Jan 2024	38.20	38.80	38.80	38.00	0.378 times
16 Tue Jan 2024	39.15	40.05	40.50	39.00	0.852 times
15 Mon Jan 2024	40.55	41.35	42.80	40.00	0.927 times
12 Fri Jan 2024	41.35	42.05	42.90	40.00	1.762 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 37.1, but if it comes above 37.1, then a intra day buy could be more profitable.
If you take a sell trade below 37.1, then use 37.1 as stoploss and 35.3 as target. However if you take a buy trade in stock , then use 37.1 as stoploss and 38.54 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	32.75
Downside Target	35.50
Upside Target	38.00
Upside Target	38.95
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	34.85
Downside Intraday Target	33.45
Upside Intraday Target	38.3
Upside Intraday Target	40.35
Upside Intraday Target	36.9

Weekly technical analysis of Shivam Auto (SHIVAMAUTO_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Jan 2024	36.25	38.95	38.95	35.50	1.15 times
19 Fri Jan 2024	38.95	41.35	42.80	37.10	0.523 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

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
25 Thu Jan 2024	36.25	39.20	42.90	35.50	1.549 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, and volume has increased substantially. This means that the move can 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 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 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 SELL. 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 moving up

CCI has generated a buy signal for Shivam Auto in short term but BUY 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

Although the stock is in the BUY zone, but buying 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 38.58 and Shivam Auto (SHIVAMAUTO_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.