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

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

10 day averaged volume of Shremetal is 226

Date Daily Closing Price Open High Low Volume
24 Fri Sep 2021 25.00 25.00 25.00 25.00 0.442 times
22 Wed Sep 2021 26.25 26.30 26.30 26.25 0.456 times
21 Tue Sep 2021 26.35 26.35 26.35 26.35 0.004 times
16 Thu Sep 2021 26.40 23.95 26.45 23.95 2.115 times
15 Wed Sep 2021 25.20 25.20 25.20 25.20 0.442 times
14 Tue Sep 2021 26.50 25.25 26.50 25.25 0.996 times
13 Mon Sep 2021 26.50 25.75 26.95 24.60 1.491 times
09 Thu Sep 2021 25.75 25.50 26.75 25.50 0.553 times
08 Wed Sep 2021 25.50 25.50 25.50 25.50 0.111 times
07 Tue Sep 2021 24.50 23.10 25.45 23.10 1.084 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.9 or till 22.4. Use a stoploss of 25.09 and if the stock hits stoploss, then it can shoot up till 26.29

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.00
Downside Target 22.50
Downside Target 23.05
Downside Target 25.00
Upside Target 25.60
Upside Target 26.35
Upside Target 26.95
Upside Target 27.05
Upside Target 28.00
Upside Target 30.45
Upside Target 32.40
Upside Target 32.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 24.55
Downside Intraday Target 24.1
Upside Intraday Target 25.9
Upside Intraday Target 26.8
Upside Intraday Target 25.45

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
24 Fri Sep 2021 25.00 26.35 26.35 25.00 0.179 times
16 Thu Sep 2021 26.40 25.75 26.95 23.95 1.124 times
09 Thu Sep 2021 25.75 22.00 26.75 22.00 0.907 times
03 Fri Sep 2021 23.10 24.30 24.30 23.10 2.263 times
27 Fri Aug 2021 23.60 27.00 27.05 23.55 0.72 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Shremetal (Shremetal)

Date Monthly Closing Price Open High Low Volume
24 Fri Sep 2021 25.00 24.00 26.95 22.00 0.858 times
30 Mon Aug 2021 24.30 27.50 28.00 23.05 0.383 times
30 Fri Jul 2021 26.65 27.70 30.45 24.50 1.509 times
30 Wed Jun 2021 29.15 32.90 32.90 25.60 1.424 times

Scroll below to view daily charts

Price has moved up 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 Shremetal (Shremetal)

Indicator Name Indicator Value Indicator Signal
ADX 18, 30, 25 Sell
MACD -0, -0Buy
Stochastics 74Buy
CCI -84Sell
RSI 47Sell
OBV 283Sell
VWAP 26Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shremetal ( (Shremetal) ) 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 Shremetal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shremetal in short term but the buy signal is initial and weak.

Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Shremetal 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shremetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.95 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.

Shremetal Stock is giving positive 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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Daily charts

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Daily chart

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