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Shankara Building Products Limited

SHANKARA.BOBSE
Consumer Cyclical
Home Improvement
109.75
5.60(5.38%)
Indian Market opens in 11h 43m

Shankara Building Products Limited (SHANKARA.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shankara Building Products Limited (BSE:SHANKARA.BO).

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

SHANKARA.BO Technical Analysis Summary

Shankara Building Products Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.01)
Trend Strength:Weak (ADX: 19.53)
Volatility:Medium (ATR: 4.90)
Support/Resistance:$97.62 – $111.56 (Bollinger Bands)

Overall, Shankara Building Products Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.01

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.65

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.44

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.31

Bullish
Steady upward momentum.

Takeaway:Shankara Building Products Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.46

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.53

Weak
Weak trend, market trading sideways.

ATR (14): 4.90

Medium
Medium volatility, healthy price movement.

CCI (14): -35.29

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shankara Building Products Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$111.56
Middle Band (SMA 20)
$104.59
Lower Band
$97.62
Current Position
Within Bands

Takeaway:Shankara Building Products Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$114.74
Middle Line (EMA 20)
$104.95
Lower Channel
$95.16
Squeeze Status
Squeeze On

Takeaway:Shankara Building Products Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume602.86K
Money Flow Index56.76Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.76Bearish, price momentum favors sellers.

Overall Takeaway:SHANKARA.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Shankara Building Products Limited, here are the key trading signals and recommendations:

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

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