(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 2021-09-03 View latest technical analysis
10 day averaged volume of Shremetal is 150
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Sep 2021||23.10||23.10||23.10||23.10||3.78 times|
|02 Thu Sep 2021||24.30||24.30||24.30||24.30||0.067 times|
|01 Wed Sep 2021||23.15||24.00||24.00||23.15||2.94 times|
|30 Mon Aug 2021||24.30||24.30||24.30||24.30||0.667 times|
|27 Fri Aug 2021||23.60||23.60||23.60||23.60||0.067 times|
|26 Thu Aug 2021||23.55||23.60||23.60||23.55||2.333 times|
|25 Wed Aug 2021||24.55||27.05||27.05||24.55||0.72 times|
|23 Mon Aug 2021||25.80||27.00||27.00||25.80||0.173 times|
|20 Fri Aug 2021||27.15||27.15||27.15||27.15||0.527 times|
|18 Wed Aug 2021||27.15||28.00||28.00||27.15||0.867 times|
Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.9, but if it comes above 23.9, then a intra day buy could be more profitable.
If you take a sell trade below 23.9, then use 23.9 as stoploss and 22.4 as target. However if you take a buy trade in stock , then use 23.9 as stoploss and 25.19 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||22.7|
|Downside Intraday Target||22.3|
|Upside Intraday Target||23.9|
|Upside Intraday Target||24.7|
|Upside Intraday Target||23.5|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Sep 2021||23.10||24.30||24.30||23.10||2.263 times|
|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|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|03 Fri Sep 2021||23.10||24.00||24.30||23.10||0.259 times|
|30 Mon Aug 2021||24.30||27.50||28.00||23.05||0.383 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|
Scroll below to view daily charts
Indicators analysis of Shremetal (Shremetal)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||21, 51, 43||Sell|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is
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 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 gaining 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.
CCI has generated a SELL signal for Shremetal in short term and SELL 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 23.86 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.