(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 2021-08-16 View latest technical analysis
10 day averaged volume of Shremetal is 285
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Mon Aug 2021||25.45||25.50||25.50||25.45||0.796 times|
|13 Fri Aug 2021||25.45||25.45||25.45||23.05||2.028 times|
|12 Thu Aug 2021||24.25||25.05||25.05||24.25||3.158 times|
|11 Wed Aug 2021||25.50||25.50||25.50||25.50||0.011 times|
|09 Mon Aug 2021||25.50||26.00||26.00||25.50||0.53 times|
|06 Fri Aug 2021||26.75||26.75||26.75||26.75||0.088 times|
|05 Thu Aug 2021||25.50||26.00||26.00||25.50||0.333 times|
|04 Wed Aug 2021||26.00||26.00||26.00||26.00||0.175 times|
|03 Tue Aug 2021||26.00||25.45||26.00||25.45||1.761 times|
|02 Mon Aug 2021||25.40||27.50||27.50||25.40||1.228 times|
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 25.2 as stoploss in an intra day buy trade for a target of 26.16. However, stock will show a bearish move below 25.2.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||25.43|
|Downside Intraday Target||25.42|
|Upside Intraday Target||25.48|
|Upside Intraday Target||25.52|
|Upside Intraday Target||25.47|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Mon Aug 2021||25.45||25.50||25.50||25.45||0.139 times|
|13 Fri Aug 2021||25.45||26.00||26.00||23.05||1.597 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|
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|
|16 Mon Aug 2021||25.45||27.50||27.50||23.05||0.28 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||14, 39, 47||Sell|
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
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong and stock is losing 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 red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term but BUY 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 25.19 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 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.