(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 2021-08-09 View latest technical analysis
10 day averaged volume of Shremetal is 325
|Date||Daily Closing Price||Open||High||Low||Volume|
|09 Mon Aug 2021||25.50||26.00||26.00||25.50||0.465 times|
|06 Fri Aug 2021||26.75||26.75||26.75||26.75||0.077 times|
|05 Thu Aug 2021||25.50||26.00||26.00||25.50||0.292 times|
|04 Wed Aug 2021||26.00||26.00||26.00||26.00||0.154 times|
|03 Tue Aug 2021||26.00||25.45||26.00||25.45||1.545 times|
|02 Mon Aug 2021||25.40||27.50||27.50||25.40||1.077 times|
|30 Fri Jul 2021||26.65||26.65||26.65||26.65||0.615 times|
|29 Thu Jul 2021||28.00||28.00||28.00||25.75||0.062 times|
|28 Wed Jul 2021||26.95||26.95||26.95||26.95||0.003 times|
|27 Tue Jul 2021||28.35||28.35||28.35||25.65||3.474 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 25.6, but if it comes above 25.6, then a intra day buy could be more profitable.
If you take a sell trade below 25.6, then use 25.6 as stoploss and 24.6 as target. However if you take a buy trade in stock , then use 25.6 as stoploss and 26.47 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||25.33|
|Downside Intraday Target||25.17|
|Upside Intraday Target||25.83|
|Upside Intraday Target||26.17|
|Upside Intraday Target||25.67|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|09 Mon Aug 2021||25.50||26.00||26.00||25.50||0.148 times|
|06 Fri Aug 2021||26.75||27.50||27.50||25.40||0.459 times|
|30 Fri Jul 2021||26.65||25.75||28.35||24.50||1.534 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|
Price has moved down 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|
|09 Mon Aug 2021||25.50||27.50||27.50||25.40||0.114 times|
|30 Fri Jul 2021||26.65||27.70||30.45||24.50||1.509 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|
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||18, 29, 25||Sell|
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL 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
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 26.99 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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.