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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)

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)

Target Type Value
Downside Target 20.50
Downside Target 22.50
Downside Target 23.65
Downside Target 25.60
Upside Target 26.90
Upside Target 27.65
Upside Target 28.65
Upside Target 29.50
Upside Target 30.45
Upside Target 31.30
Upside Target 32.40
Upside Target 32.60
Upside Target 32.70
Upside Target 32.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
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
MACD -1, -0Sell
Stochastics 32None
CCI -166Sell
RSI 47Sell
OBV 1241Sell
VWAP 28Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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.

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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