(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 2021-07-09 View latest technical analysis
10 day averaged volume of Shremetal is 324
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Fri Jul 2021||25.90||25.90||28.60||25.90||0.91 times|
|08 Thu Jul 2021||27.25||28.60||30.05||27.25||2.503 times|
|07 Wed Jul 2021||28.65||28.15||28.65||28.15||1.355 times|
|06 Tue Jul 2021||27.30||28.40||28.40||26.55||0.988 times|
|05 Mon Jul 2021||27.55||29.00||30.45||27.55||1.108 times|
|02 Fri Jul 2021||29.00||27.15||29.05||26.35||1.182 times|
|01 Thu Jul 2021||27.70||27.70||27.70||27.70||0.117 times|
|30 Wed Jun 2021||29.15||29.15||29.15||26.45||0.167 times|
|29 Tue Jun 2021||27.80||26.95||27.80||26.95||1.679 times|
|28 Mon Jun 2021||28.35||26.80||29.50||26.80||0.241 times|
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 25.9, for a target of 27.3 or 28.44
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||24.38|
|Downside Intraday Target||22.87|
|Upside Intraday Target||28.93|
|Upside Intraday Target||31.97|
|Upside Intraday Target||27.42|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Fri Jul 2021||25.90||29.00||30.45||25.90||2.027 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|
|09 Fri Jul 2021||25.90||27.70||30.45||25.90||0.388 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||28, 18, 22||Buy|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid 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 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 losing 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 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 27.71 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 has given negative 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.