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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 2021-07-19 View latest technical analysis

10 day averaged volume of Shremetal is 618

Date Daily Closing Price Open High Low Volume
19 Mon Jul 2021 26.45 26.45 26.45 26.45 0.686 times
16 Fri Jul 2021 25.20 25.10 27.70 25.10 2.443 times
15 Thu Jul 2021 26.40 26.35 29.05 26.35 0.916 times
14 Wed Jul 2021 27.70 28.00 28.00 25.65 0.956 times
13 Tue Jul 2021 26.95 25.00 26.95 24.55 0.62 times
12 Mon Jul 2021 25.75 25.40 27.15 24.75 1.466 times
09 Fri Jul 2021 25.90 25.90 28.60 25.90 0.477 times
08 Thu Jul 2021 27.25 28.60 30.05 27.25 1.312 times
07 Wed Jul 2021 28.65 28.15 28.65 28.15 0.71 times
06 Tue Jul 2021 27.30 28.40 28.40 26.55 0.518 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 26.4 as stoploss in an intra day buy trade for a target of 27.44. However, stock will show a bearish move below 26.4.

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 28.65
Upside Target 29.50
Upside Target 30.45
Upside Target 31.30
Upside Target 32.40
Upside Target 32.60
Upside Target 32.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 26.45
Downside Intraday Target 26.45
Downside Intraday Target 26.45
Downside Intraday Target 26.45
Downside Intraday Target 26.45

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
19 Mon Jul 2021 26.45 26.45 26.45 26.45 0.107 times
16 Fri Jul 2021 25.20 25.40 29.05 24.55 1.779 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

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
19 Mon Jul 2021 26.45 27.70 30.45 24.55 1.031 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 22, 19, 9 Buy
MACD -1, -1Sell
Stochastics 26Sell
CCI -49Buy
RSI 49Sell
OBV -3379Sell
VWAP 26Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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 to mid 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.

Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 moving up

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 but selling is losing 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 26.47 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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