Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Shubham Polyspin Limited

SHUBHAM.BO•BSE
Industrials
Manufacturing - Textiles
₹53.67
₹1.41(2.70%)
Indian Market opens in 7h 7m

Shubham Polyspin Limited (SHUBHAM.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shubham Polyspin Limited (BSE:SHUBHAM.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

SHUBHAM.BO Technical Analysis Summary

Shubham Polyspin Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 36.16)
Trend Strength:Strong (ADX: 33.08)
Volatility:High (ATR: 3.90)
Support/Resistance:$50.73 – $63.78 (Bollinger Bands)

This mix signals that Shubham Polyspin Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 36.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -82.61

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -15.29

Strongly Bearish
Sharp downside momentum.

Takeaway:Shubham Polyspin Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -2.14

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.08

Strong
Strong trend, momentum well established.

ATR (14): 3.90

Medium
Medium volatility, healthy price movement.

CCI (14): -94.93

Bearish
Bearish, momentum remains under pressure.

Takeaway:Shubham Polyspin Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$63.78
Middle Band (SMA 20)
$57.26
Lower Band
$50.73
Current Position
Within Bands

Takeaway:Shubham Polyspin Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$64.22
Middle Line (EMA 20)
$56.42
Lower Channel
$48.62
Squeeze Status
Squeeze On

Takeaway:Shubham Polyspin Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume169.80K
Money Flow Index37.88Bearish, selling pressure outweighs inflows.
Relative Vigor Index46.21Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

ADX above 20 → strong underlying trend.

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:Shubham Polyspin Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ