Meyka Pro banner
Shiva Cement Limited

SHIVACEM.BO Technical Analysis Summary (BSE)

Analyze SHIVACEM.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHIVACEM.BOBSE
Basic MaterialsConstruction Materials
16.49
0.12(0.72%)
Indian Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHIVACEM.BO Technical Analysis Summary (BSE)

Shiva Cement Limited (BSE: SHIVACEM.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.15)
Trend Strength:Weak (ADX: 11.72)
Volatility:Medium (ATR: 0.58)
Support/Resistance:$16.43 – $17.51 (Bollinger Bands)

Technical conditions suggest Shiva Cement Limited on the BSE is awaiting a decisive move. Overall, Shiva Cement Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.15

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 15.44

Bullish
Oversold zone signals rebound potential.

Williams %R: -83.33

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.28

Bearish
Selling pressure outweighs buying.

Takeaway:Shiva Cement Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.72

Weak
Weak trend, market trading sideways.

ATR (14): 0.58

Low
Low volatility, stable price action.

CCI (14): -197.74

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Shiva Cement Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$17.51
Middle Band (SMA 20)
$16.97
Lower Band
$16.43
Current Position
Within Bands

Takeaway:Shiva Cement Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$18.07
Middle Line (EMA 20)
$16.91
Lower Channel
$15.75
Squeeze Status
Squeeze On

Takeaway:Shiva Cement Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-850.40K
Money Flow Index36.30Bearish, selling pressure outweighs inflows.
Relative Vigor Index27.72Bearish, price momentum favors sellers.

Overall Takeaway:SHIVACEM.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Shiva Cement Limited (BSE: SHIVACEM.BO), here are the key trading signals and recommendations:

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Shiva Cement Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SHIVACEM.BO) Technical Analysis FAQ