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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)

10 day averaged volume of Shremetal is 1274

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 30.20 31.15 31.15 30.20 0.721 times
16 Tue Aug 2022 31.15 29.75 31.15 28.30 1.24 times
12 Fri Aug 2022 29.70 29.90 29.90 29.00 0.742 times
11 Thu Aug 2022 28.50 25.90 28.50 25.90 0.386 times
10 Wed Aug 2022 27.25 29.60 29.60 27.05 1.491 times
08 Mon Aug 2022 28.20 27.00 28.35 26.95 1.248 times
05 Fri Aug 2022 27.00 26.10 27.00 25.90 1.354 times
04 Thu Aug 2022 26.00 26.70 26.70 24.70 0.53 times
03 Wed Aug 2022 25.50 26.30 27.50 25.50 0.943 times
02 Tue Aug 2022 26.30 26.10 26.30 26.10 0.471 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 30.8, for a target of 29 or 27.55

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 21.70
Downside Target 22.35
Downside Target 23.05
Downside Target 24.70
Downside Target 25.25
Downside Target 25.90
Downside Target 27.65
Downside Target 28.30
Downside Target 28.90
Downside Target 29.90
Upside Target 30.45
Upside Target 31.15

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 28.62
Downside Intraday Target 27.03
Upside Intraday Target 31.47
Upside Intraday Target 32.73
Downside Intraday Target 29.88

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 30.20 29.75 31.15 28.30 0.507 times
12 Fri Aug 2022 29.70 27.00 29.90 25.90 0.791 times
05 Fri Aug 2022 27.00 28.90 28.90 24.70 2.023 times
30 Sat Jul 2022 27.55 27.00 30.45 26.80 0.409 times
22 Fri Jul 2022 26.40 25.50 27.65 25.25 2.196 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
17 Wed Aug 2022 30.20 28.90 31.15 24.70 0.947 times
30 Sat Jul 2022 27.55 23.05 30.45 23.05 7.67 times
30 Thu Jun 2022 24.05 25.00 26.25 23.10 0.512 times
31 Tue May 2022 25.00 22.80 26.25 21.70 0.282 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 40, 13, 51 Buy
MACD 2, 2Buy
Stochastics 91Buy
CCI 130Buy
RSI 49Sell
OBV 10509Sell
VWAP 28Buy
ADL 0Sell
ROC 15Buy
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 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.

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 green color and prices are above 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 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 28.06 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 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.

Click here for Shremetal charts

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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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