SHIVAM CEMENTS LTD

SHIVM — 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. 684.10, down -3.90 (-0.57%) from the previous close of Rs. 688.00, ranging between Rs. 682.00 and Rs. 693.00 on the day on a traded volume of 185,722 shares.

Technical outlook

SHIVM's technical picture is currently Bullish. Price (Rs. 688.00) is above its 20-day average (Rs. 654.73) — short-term uptrend. 20-day average is above the 50-day — medium-term trend is up. RSI is 69 — neutral momentum. MACD is above its signal line — momentum is turning up.

Key levels

The nearest resistance sits around rs. 696.55. support around rs. 643.96. Over the past year, SHIVM has traded between a 52-week low of Rs. 532.00 and a high of Rs. 730.00, placing the current price at about 77% of that range.

A recent candlestick signal detected on SHIVM: Morning Star — Down candle, small indecision candle, then a strong up candle — bullish reversal.

This is an automated technical read from end-of-day NEPSE data, refreshed each trading day — for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.