(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)
Intraday share price targets for Shremetal (Shremetal)
|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|
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.