SHIVM
NEPSE Manufacturing And ProcessingSHIVM β SHIVAM CEMENTS LTD technical analysis
SHIVAM CEMENTS LTD (SHIVM) is a Manufacturing And Processing-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 637.70, down -7.30 (-1.13%) from the previous close of Rs. 645.00, ranging between Rs. 637.00 and Rs. 646.00 on the day on a traded volume of 44,267 shares.
Technical outlook
SHIVM's technical picture is currently Mildly Bearish. Price is below its 20-day average (Rs. 642.89) β short-term weakness. 20-day average is below the 50-day β medium-term trend is down. RSI is 46 β neutral momentum. MACD is above its signal line β momentum is turning up.
Key levels
The nearest resistance sits around rs. 643.72. support around rs. 620.25. Over the past year, SHIVM has traded between a 52-week low of Rs. 524.00 and a high of Rs. 730.00, placing the current price at about 55% of that range.
A recent candlestick signal detected on SHIVM: Bearish Marubozu β Strong full-body down candle with little wick β sellers in control.
This is an automated technical read from end-of-day NEPSE data, refreshed each trading day β for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.
β οΈ Disclaimer: NepseIQ is for informational and educational purposes only β not financial advice. Chart data is end-of-day from NEPSE. Technical indicators and pattern detections are analytical observations, not guarantees. Verify before trading.