(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)
10 day averaged volume of Shremetal is 384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 24.50 | 24.50 | 24.50 | 24.50 | 0.13 times |
| 17 Tue May 2022 | 24.65 | 24.65 | 24.65 | 24.65 | 0.521 times |
| 16 Mon May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 0.081 times |
| 13 Fri May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 0.003 times |
| 11 Wed May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 1.563 times |
| 10 Tue May 2022 | 22.65 | 24.30 | 24.95 | 22.65 | 2.143 times |
| 09 Mon May 2022 | 23.80 | 23.80 | 23.80 | 23.80 | 0.521 times |
| 06 Fri May 2022 | 22.70 | 22.75 | 22.75 | 22.70 | 0.286 times |
| 05 Thu May 2022 | 21.70 | 21.75 | 21.75 | 21.70 | 2.609 times |
| 04 Wed May 2022 | 22.80 | 22.80 | 22.80 | 22.80 | 0.198 times |
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 20.75 |
| Downside Target | 21.70 |
| Downside Target | 22.35 |
| Downside Target | 23.50 |
| Upside Target | 24.55 |
| Upside Target | 24.95 |
| Upside Target | 25.00 |
| Upside Target | 26.40 |
| Upside Target | 28.00 |
| Upside Target | 29.50 |
| Upside Target | 30.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 23.78 |
| Downside Intraday Target | 23.07 |
| Upside Intraday Target | 24.93 |
| Upside Intraday Target | 25.37 |
| Downside Intraday Target | 24.22 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri May 2022 | 24.50 | 23.50 | 24.65 | 23.50 | 0.173 times |
| 13 Fri May 2022 | 23.50 | 23.80 | 24.95 | 22.65 | 1.367 times |
| 06 Fri May 2022 | 22.70 | 22.80 | 22.80 | 21.70 | 0.808 times |
| 29 Fri Apr 2022 | 24.00 | 23.35 | 25.00 | 22.75 | 0.681 times |
| 22 Fri Apr 2022 | 24.55 | 23.85 | 24.55 | 22.95 | 0.982 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 |
| 20 Fri May 2022 | 24.50 | 22.80 | 24.95 | 21.70 | 0.238 times |
| 29 Fri Apr 2022 | 24.00 | 23.75 | 26.40 | 22.35 | 2.283 times |
| 31 Thu Mar 2022 | 24.00 | 20.75 | 28.00 | 20.75 | 0.551 times |
| 28 Mon Feb 2022 | 21.70 | 27.15 | 29.50 | 21.70 | 0.477 times |
Scroll below to view daily charts
Price has moved up 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 | 37, 32, 6 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 77 | Buy |
| CCI | 121 | Sell |
| RSI | 48 | Sell |
| OBV | 3315 | Sell |
| VWAP | 23 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is
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 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.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer 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.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 22.75 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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