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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 2021-07-28 View latest technical analysis

10 day averaged volume of Shremetal is 650

Date Daily Closing Price Open High Low Volume
28 Wed Jul 2021 26.95 26.95 26.95 26.95 0.002 times
27 Tue Jul 2021 28.35 28.35 28.35 25.65 1.737 times
26 Mon Jul 2021 27.00 25.75 27.00 24.50 1.346 times
23 Fri Jul 2021 25.75 27.10 27.10 25.75 0.911 times
22 Thu Jul 2021 27.10 26.00 27.30 26.00 0.091 times
20 Tue Jul 2021 26.00 27.75 27.75 26.00 0.577 times
19 Mon Jul 2021 26.45 26.45 26.45 26.45 0.652 times
16 Fri Jul 2021 25.20 25.10 27.70 25.10 2.323 times
15 Thu Jul 2021 26.40 26.35 29.05 26.35 0.871 times
14 Wed Jul 2021 27.70 28.00 28.00 25.65 0.909 times

My analysis of stock is bearish for shortterm, and stock might move down till 26 or till 24.7. Use a stoploss of 27.11 and if the stock hits stoploss, then it can shoot up till 28.2

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.50
Downside Target 22.50
Downside Target 23.65
Downside Target 24.50
Downside Target 25.60
Upside Target 27.75
Upside Target 28.35
Upside Target 29.50
Upside Target 30.45
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 24.85
Downside Intraday Target 22.75
Upside Intraday Target 28.7
Upside Intraday Target 30.45
Downside Intraday Target 26.6

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
28 Wed Jul 2021 26.95 25.75 28.35 24.50 1.383 times
23 Fri Jul 2021 25.75 26.45 27.75 25.75 0.367 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

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
28 Wed Jul 2021 26.95 27.70 30.45 24.50 1.476 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, 16, 17 Buy
MACD -1, -1Buy
Stochastics 64None
CCI 40Sell
RSI 50Buy
OBV -1980Sell
VWAP 27Buy
ADL 0Sell
ROC 0Sell
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a BUY signal for Shremetal in short term but the buy signal is initial and weak.

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. Bulls 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 26.6 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

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Daily chart

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