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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 1370

Date Daily Closing Price Open High Low Volume
14 Fri Jan 2022 28.85 30.00 30.90 28.05 1.765 times
13 Thu Jan 2022 29.50 28.10 30.40 28.10 0.364 times
12 Wed Jan 2022 29.50 30.50 30.50 29.00 0.524 times
11 Tue Jan 2022 30.45 30.45 30.45 28.95 0.689 times
10 Mon Jan 2022 30.45 29.00 30.45 27.55 2.847 times
07 Fri Jan 2022 29.00 28.35 29.00 26.35 1.322 times
06 Thu Jan 2022 27.65 25.65 28.35 25.65 2.354 times
05 Wed Jan 2022 27.00 28.25 28.25 27.00 0.326 times
04 Tue Jan 2022 28.25 27.65 28.25 27.65 0.363 times
03 Mon Jan 2022 27.65 27.40 27.65 26.35 0.266 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.3 as stoploss in an intra day sell trade for a target of 27.46. However, stock will show a bullish move above 29.3.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.00
Downside Target 24.45
Downside Target 25.65
Downside Target 26.95
Downside Target 27.45
Downside Target 27.55
Downside Target 27.90
Upside Target 29.00
Upside Target 29.65
Upside Target 30.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 27.3
Downside Intraday Target 25.75
Upside Intraday Target 30.65
Upside Intraday Target 32.45
Upside Intraday Target 29.1

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
14 Fri Jan 2022 28.85 29.00 30.90 27.55 1.336 times
07 Fri Jan 2022 29.00 27.40 29.00 25.65 0.709 times
31 Fri Dec 2021 26.35 25.70 29.65 24.45 2.121 times
24 Fri Dec 2021 25.70 26.10 27.40 22.45 4.347 times
16 Thu Dec 2021 27.45 27.00 27.45 25.75 1.616 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
14 Fri Jan 2022 28.85 27.40 30.90 25.65 0.997 times
31 Fri Dec 2021 26.35 25.45 29.65 22.45 3.058 times
29 Mon Nov 2021 26.75 23.20 27.45 22.10 3.473 times
29 Fri Oct 2021 23.65 22.65 27.90 22.50 0.404 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 21, 16, 14 Buy
MACD 2, 1Buy
Stochastics 73Buy
CCI 48Sell
RSI 50Sell
OBV 9475Sell
VWAP 29Sell
ADL 0Sell
ROC 9Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.

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 but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 29.08 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 positive

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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