(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 152
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Wed Feb 2023||31.40||32.90||32.90||29.90||4.118 times|
|06 Mon Feb 2023||31.40||28.60||31.40||28.60||3.382 times|
|03 Fri Feb 2023||29.95||29.95||29.95||29.95||0.158 times|
|01 Wed Feb 2023||28.55||28.55||28.55||28.55||0.164 times|
|31 Tue Jan 2023||30.00||31.00||31.00||30.00||1.974 times|
|27 Fri Jan 2023||30.90||30.80||33.90||30.80||2.289 times|
|25 Wed Jan 2023||32.35||32.35||32.35||32.35||0.197 times|
|23 Mon Jan 2023||30.85||30.85||30.85||30.85||0.026 times|
|20 Fri Jan 2023||32.40||35.70||35.70||32.35||1.447 times|
|19 Thu Jan 2023||34.00||34.00||34.00||34.00||0.204 times|
Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.
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 30.6 as stoploss in an intra day buy trade for a target of 32.51. However, stock will show a bearish move below 30.6.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||29.03|
|Downside Intraday Target||26.67|
|Upside Intraday Target||33.33|
|Upside Intraday Target||35.27|
|Downside Intraday Target||30.97|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Wed Feb 2023||31.40||28.60||32.90||28.60||3.266 times|
|03 Fri Feb 2023||29.95||31.00||31.00||28.55||0.914 times|
|27 Fri Jan 2023||30.90||30.85||33.90||30.80||0.071 times|
|20 Fri Jan 2023||32.40||36.70||36.70||32.35||5.95 times|
|13 Fri Jan 2023||35.00||34.70||37.90||31.45||0.72 times|
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|08 Wed Feb 2023||31.40||28.55||32.90||28.55||0.145 times|
|31 Tue Jan 2023||30.00||29.05||37.90||29.05||0.942 times|
|30 Fri Dec 2022||30.50||29.65||32.25||25.40||0.67 times|
|30 Wed Nov 2022||28.30||32.90||37.40||26.50||0.617 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||38, 25, 21||Buy|
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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 green color and prices are in or below the green cloud Prices appear to be coming down
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 but buying is losing 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 31.22 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.