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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 2021-07-22 View latest technical analysis

10 day averaged volume of Shremetal is 630

Date Daily Closing Price Open High Low Volume
22 Thu Jul 2021 27.10 26.00 27.30 26.00 0.094 times
20 Tue Jul 2021 26.00 27.75 27.75 26.00 0.595 times
19 Mon Jul 2021 26.45 26.45 26.45 26.45 0.673 times
16 Fri Jul 2021 25.20 25.10 27.70 25.10 2.397 times
15 Thu Jul 2021 26.40 26.35 29.05 26.35 0.898 times
14 Wed Jul 2021 27.70 28.00 28.00 25.65 0.938 times
13 Tue Jul 2021 26.95 25.00 26.95 24.55 0.608 times
12 Mon Jul 2021 25.75 25.40 27.15 24.75 1.438 times
09 Fri Jul 2021 25.90 25.90 28.60 25.90 0.468 times
08 Thu Jul 2021 27.25 28.60 30.05 27.25 1.287 times

My analysis of stock is bearish for shortterm, and stock might move down till 26.2 or till 24.9. Use a stoploss of 27.27 and if the stock hits stoploss, then it can shoot up till 28.34

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 27.75
Upside Target 28.65
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 26.15
Downside Intraday Target 25.2
Upside Intraday Target 27.9
Upside Intraday Target 28.7
Downside Intraday Target 26.95

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
22 Thu Jul 2021 27.10 26.45 27.75 26.00 0.217 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
22 Thu Jul 2021 27.10 27.70 30.45 24.55 1.095 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 25, 16, 22 Buy
MACD -1, -1Sell
Stochastics 36None
CCI 10Buy
RSI 50Buy
OBV -3203Sell
VWAP 26Buy
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 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 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 Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 26.24 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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