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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 2021-08-18 View latest technical analysis

10 day averaged volume of Shremetal is 278

Date Daily Closing Price Open High Low Volume
18 Wed Aug 2021 27.15 28.00 28.00 27.15 0.468 times
17 Tue Aug 2021 26.70 26.70 26.70 26.70 0.899 times
16 Mon Aug 2021 25.45 25.50 25.50 25.45 0.817 times
13 Fri Aug 2021 25.45 25.45 25.45 23.05 2.079 times
12 Thu Aug 2021 24.25 25.05 25.05 24.25 3.237 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 0.543 times
06 Fri Aug 2021 26.75 26.75 26.75 26.75 0.09 times
05 Thu Aug 2021 25.50 26.00 26.00 25.50 0.342 times
04 Wed Aug 2021 26.00 26.00 26.00 26.00 0.18 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 27.2 as stoploss in an intra day sell trade for a target of 26.27. However, stock will show a bullish move above 27.2.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.50
Downside Target 23.05
Downside Target 23.65
Downside Target 24.50
Downside Target 25.40
Upside Target 27.50
Upside Target 28.00
Upside Target 28.35
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 25.73
Downside Intraday Target 24.32
Upside Intraday Target 28.28
Upside Intraday Target 29.42
Downside Intraday Target 26.87

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
18 Wed Aug 2021 27.15 25.50 28.00 25.45 0.372 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 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
18 Wed Aug 2021 27.15 27.50 28.00 23.05 0.317 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 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 29, 32, 4 Sell
MACD -1, -1Buy
Stochastics 78Buy
CCI 150Buy
RSI 48Sell
OBV 1328Sell
VWAP 25Buy
ADL 0Sell
ROC 4Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 25.25 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

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Daily chart

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