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

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

10 day averaged volume of is 131332

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 1.70 1.55 1.72 1.55 0.979 times
16 Thu May 2024 1.52 1.88 2.00 1.49 3.952 times
15 Wed May 2024 1.91 2.49 2.49 1.88 2.274 times
14 Tue May 2024 2.40 3.23 3.25 2.37 1.794 times
13 Mon May 2024 3.64 3.70 3.78 3.46 0.238 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1.5, for a target of 2.4 or 3.26

Share price targets for (SHIM)

Target Type Value
Downside Target 1.49
Upside Target 2.15
Upside Target 2.59
Upside Target 3.40
Upside Target 3.78
Upside Target 3.91
Upside Target 4.06
Upside Target 4.44
Upside Target 5.54
Upside Target 5.75
Upside Target 5.91
Upside Target 5.95
Upside Target 6.49
Upside Target 6.80
Upside Target 7.99

Intraday share price targets for (SHIM)

Target Type Value
Downside Intraday Target 0.87
Downside Intraday Target 0.03
Upside Intraday Target 3.16
Upside Intraday Target 4.61
Upside Intraday Target 2.32

Weekly technical analysis of (SHIM)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 1.70 3.70 3.78 1.49 12.107 times
10 Fri May 2024 3.64 3.70 3.91 3.41 0.226 times
03 Fri May 2024 3.70 3.99 4.46 3.40 0.121 times
26 Fri Apr 2024 4.03 2.94 4.44 2.15 12.791 times
19 Fri Apr 2024 2.95 3.59 4.06 2.59 2.592 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of (SHIM)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 1.70 3.98 4.46 1.49 0.349 times
30 Tue Apr 2024 3.87 5.91 5.91 2.15 7.289 times
28 Thu Mar 2024 5.76 6.29 7.99 5.54 1.455 times
29 Thu Feb 2024 6.04 6.26 6.49 5.75 1.709 times

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 (SHIM)

Indicator Name Indicator Value Indicator Signal
ADX 10, 44, 64 Sell
MACD -1, -1Sell
Stochastics 4Sell
CCI -114Sell
RSI 41Sell
OBV -330830Sell
VWAP 2Sell
ADL 0Sell
ROC -54Sell
Force Index 0Sell

Price action analysis of ( (SHIM) ) 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 ( (SHIM) ) 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 ( (SHIM) ) 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 ( (SHIM) ) based on a mid to longer 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.

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

MACD generated a SELL signal for in short term and the sell signal is strong.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2 and (SHIM) 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 (SHIM) stock. Volume based technical analysis of (SHIM) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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