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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 2021-07-29 View latest technical analysis

10 day averaged volume of Shremetal is 612

Date Daily Closing Price Open High Low Volume
29 Thu Jul 2021 28.00 28.00 28.00 25.75 0.033 times
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 1.845 times
26 Mon Jul 2021 27.00 25.75 27.00 24.50 1.43 times
23 Fri Jul 2021 25.75 27.10 27.10 25.75 0.967 times
22 Thu Jul 2021 27.10 26.00 27.30 26.00 0.096 times
20 Tue Jul 2021 26.00 27.75 27.75 26.00 0.613 times
19 Mon Jul 2021 26.45 26.45 26.45 26.45 0.693 times
16 Fri Jul 2021 25.20 25.10 27.70 25.10 2.467 times
15 Thu Jul 2021 26.40 26.35 29.05 26.35 0.925 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 28.1 as stoploss in an intra day sell trade for a target of 27.05. However, stock will show a bullish move above 28.1.

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
Downside 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 25.55
Downside Intraday Target 23.1
Upside Intraday Target 29.4
Upside Intraday Target 30.8
Downside Intraday Target 26.95

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
29 Thu Jul 2021 28.00 25.75 28.35 24.50 1.397 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
29 Thu Jul 2021 28.00 27.70 30.45 24.50 1.479 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 20, 20, 0 Sell
MACD -1, -1Buy
Stochastics 72Buy
CCI 83Buy
RSI 50Sell
OBV -1416Sell
VWAP 26Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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 short 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 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 SELL. 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 moving up

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

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

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 26.49 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 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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