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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 2021-08-27 View latest technical analysis

10 day averaged volume of Shremetal is 265

Date Daily Closing Price Open High Low Volume
27 Fri Aug 2021 23.60 23.60 23.60 23.60 0.038 times
26 Thu Aug 2021 23.55 23.60 23.60 23.55 1.321 times
25 Wed Aug 2021 24.55 27.05 27.05 24.55 0.408 times
23 Mon Aug 2021 25.80 27.00 27.00 25.80 0.098 times
20 Fri Aug 2021 27.15 27.15 27.15 27.15 0.298 times
18 Wed Aug 2021 27.15 28.00 28.00 27.15 0.491 times
17 Tue Aug 2021 26.70 26.70 26.70 26.70 0.943 times
16 Mon Aug 2021 25.45 25.50 25.50 25.45 0.857 times
13 Fri Aug 2021 25.45 25.45 25.45 23.05 2.181 times
12 Thu Aug 2021 24.25 25.05 25.05 24.25 3.396 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 23.3, for a target of 24.6 or 25.8

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.50
Downside Target 23.05
Downside Target 23.55
Upside Target 24.50
Upside Target 25.40
Upside Target 27.05
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 22.42
Downside Intraday Target 21.23
Upside Intraday Target 25.92
Upside Intraday Target 28.23
Upside Intraday Target 24.73

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
27 Fri Aug 2021 23.60 27.00 27.05 23.55 0.72 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
27 Fri Aug 2021 23.60 27.50 28.00 23.05 0.373 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 20, 47, 40 Sell
MACD -1, -1Sell
Stochastics 17Sell
CCI -111Buy
RSI 45Sell
OBV 463Sell
VWAP 25Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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.

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 moving up

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 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 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.

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Daily charts

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Daily chart

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