(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)
Showing technical analysis as on 2021-07-08 View latest technical analysis
10 day averaged volume of Shremetal is 253
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Thu Jul 2021||27.25||28.60||30.05||27.25||3.206 times|
|07 Wed Jul 2021||28.65||28.15||28.65||28.15||1.735 times|
|06 Tue Jul 2021||27.30||28.40||28.40||26.55||1.265 times|
|05 Mon Jul 2021||27.55||29.00||30.45||27.55||1.419 times|
|02 Fri Jul 2021||29.00||27.15||29.05||26.35||1.514 times|
|01 Thu Jul 2021||27.70||27.70||27.70||27.70||0.15 times|
|30 Wed Jun 2021||29.15||29.15||29.15||26.45||0.213 times|
|29 Tue Jun 2021||27.80||26.95||27.80||26.95||2.15 times|
|28 Mon Jun 2021||28.35||26.80||29.50||26.80||0.308 times|
|25 Fri Jun 2021||28.20||25.60||28.20||25.60||0.83 times|
Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.6, but if it comes above 27.6, then a intra day buy could be more profitable.
If you take a sell trade below 27.6, then use 27.6 as stoploss and 26.4 as target. However if you take a buy trade in stock , then use 27.6 as stoploss and 28.62 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||25.72|
|Downside Intraday Target||24.18|
|Upside Intraday Target||29.62|
|Upside Intraday Target||31.98|
|Upside Intraday Target||28.08|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Thu Jul 2021||27.25||29.00||30.45||26.55||1.758 times|
|02 Fri Jul 2021||29.00||26.80||29.50||26.35||1.309 times|
|25 Fri Jun 2021||28.20||28.45||31.30||25.60||0.202 times|
|18 Fri Jun 2021||29.90||28.85||30.60||27.65||4.491 times|
|11 Fri Jun 2021||29.40||26.90||32.70||26.90||0.89 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|08 Thu Jul 2021||27.25||27.70||30.45||26.35||0.345 times|
|30 Wed Jun 2021||29.15||32.90||32.90||25.60||1.424 times|
|31 Mon May 2021||32.40||22.50||32.40||22.50||1.482 times|
|29 Thu Apr 2021||23.65||27.25||32.60||23.65||1.75 times|
Scroll below to view daily charts
Price has moved down 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||32, 13, 41||Buy|
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
Shremetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
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 and selling is picking up 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 27.9 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.