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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 2021-07-15 View latest technical analysis

10 day averaged volume of Shremetal is 453

Date Daily Closing Price Open High Low Volume
15 Thu Jul 2021 26.40 26.35 29.05 26.35 1.249 times
14 Wed Jul 2021 27.70 28.00 28.00 25.65 1.305 times
13 Tue Jul 2021 26.95 25.00 26.95 24.55 0.845 times
12 Mon Jul 2021 25.75 25.40 27.15 24.75 2 times
09 Fri Jul 2021 25.90 25.90 28.60 25.90 0.651 times
08 Thu Jul 2021 27.25 28.60 30.05 27.25 1.79 times
07 Wed Jul 2021 28.65 28.15 28.65 28.15 0.969 times
06 Tue Jul 2021 27.30 28.40 28.40 26.55 0.706 times
05 Mon Jul 2021 27.55 29.00 30.45 27.55 0.792 times
02 Fri Jul 2021 29.00 27.15 29.05 26.35 0.845 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.7, but if it comes above 26.7, then a intra day buy could be more profitable.
If you take a sell trade below 26.7, then use 26.7 as stoploss and 25.4 as target. However if you take a buy trade in stock , then use 26.7 as stoploss and 27.84 as target.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.50
Downside Target 22.50
Downside Target 23.65
Downside Target 24.55
Downside Target 25.60
Upside Target 27.65
Upside Target 28.65
Upside Target 30.45
Upside Target 30.60
Upside Target 31.30
Upside Target 32.40
Upside Target 32.60
Upside Target 32.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 24.28
Downside Intraday Target 22.17
Upside Intraday Target 28.78
Upside Intraday Target 31.17
Upside Intraday Target 26.67

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
15 Thu Jul 2021 26.40 25.40 29.05 24.55 1.1 times
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

Price has moved up 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
15 Thu Jul 2021 26.40 27.70 30.45 24.55 0.747 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 27, 16, 26 Buy
MACD -1, -1Sell
Stochastics 42None
CCI -11Buy
RSI 49Sell
OBV 899Sell
VWAP 27Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is

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 weakening, and bulls 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 buy signal for Shremetal in short term but BUY signal is weak.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.12 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

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Daily chart

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