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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 2021-08-23 View latest technical analysis

10 day averaged volume of Shremetal is 244

Date Daily Closing Price Open High Low Volume
23 Mon Aug 2021 25.80 27.00 27.00 25.80 0.107 times
20 Fri Aug 2021 27.15 27.15 27.15 27.15 0.324 times
18 Wed Aug 2021 27.15 28.00 28.00 27.15 0.533 times
17 Tue Aug 2021 26.70 26.70 26.70 26.70 1.025 times
16 Mon Aug 2021 25.45 25.50 25.50 25.45 0.93 times
13 Fri Aug 2021 25.45 25.45 25.45 23.05 2.369 times
12 Thu Aug 2021 24.25 25.05 25.05 24.25 3.689 times
11 Wed Aug 2021 25.50 25.50 25.50 25.50 0.012 times
09 Mon Aug 2021 25.50 26.00 26.00 25.50 0.619 times
06 Fri Aug 2021 26.75 26.75 26.75 26.75 0.102 times

My analysis of stock is bearish for shortterm, and stock might move down till 25.3 or till 24.1. Use a stoploss of 26.27 and if the stock hits stoploss, then it can shoot up till 27.25

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 27.00
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 25.4
Downside Intraday Target 25
Upside Intraday Target 26.6
Upside Intraday Target 27.4
Upside Intraday Target 26.2

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
23 Mon Aug 2021 25.80 27.00 27.00 25.80 0.038 times
20 Fri Aug 2021 27.15 25.50 28.00 25.45 0.42 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

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
23 Mon Aug 2021 25.80 27.50 28.00 23.05 0.328 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 26, 40, 21 Sell
MACD -1, -1Buy
Stochastics 74Buy
CCI 16Sell
RSI 48Sell
OBV 1253Sell
VWAP 25Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 BUY signal for Shremetal in short term but the buy signal is initial and weak.

Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Shremetal in short term but SELL signal is weak.

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 25.3 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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