(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 2021-09-06 View latest technical analysis
10 day averaged volume of Shremetal is 182
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Mon Sep 2021||24.25||22.00||24.25||22.00||3.401 times|
|03 Fri Sep 2021||23.10||23.10||23.10||23.10||3.115 times|
|02 Thu Sep 2021||24.30||24.30||24.30||24.30||0.055 times|
|01 Wed Sep 2021||23.15||24.00||24.00||23.15||2.423 times|
|30 Mon Aug 2021||24.30||24.30||24.30||24.30||0.549 times|
|27 Fri Aug 2021||23.60||23.60||23.60||23.60||0.055 times|
|26 Thu Aug 2021||23.55||23.60||23.60||23.55||1.923 times|
|25 Wed Aug 2021||24.55||27.05||27.05||24.55||0.593 times|
|23 Mon Aug 2021||25.80||27.00||27.00||25.80||0.143 times|
|20 Fri Aug 2021||27.15||27.15||27.15||27.15||0.434 times|
Stock of Shremetal (Shremetal) has showed a significant upmove. This could be a good time to enter in this stock!
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 23.9 as stoploss in an intra day buy trade for a target of 25.1. However, stock will show a bearish move below 23.9.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||22.75|
|Downside Intraday Target||21.25|
|Upside Intraday Target||25|
|Upside Intraday Target||25.75|
|Downside Intraday Target||23.5|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|06 Mon Sep 2021||24.25||22.00||24.25||22.00||0.554 times|
|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|
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|
|06 Mon Sep 2021||24.25||24.00||24.30||22.00||0.416 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
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, 41, 23||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 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 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.
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 LOWS in short term which reflects strong selling momentum. 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 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 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 23.78 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.