(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 2021-09-07 View latest technical analysis
10 day averaged volume of Shremetal is 231
|Date||Daily Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||24.50||23.10||25.45||23.10||1.061 times|
|06 Mon Sep 2021||24.25||22.00||24.25||22.00||2.68 times|
|03 Fri Sep 2021||23.10||23.10||23.10||23.10||2.455 times|
|02 Thu Sep 2021||24.30||24.30||24.30||24.30||0.043 times|
|01 Wed Sep 2021||23.15||24.00||24.00||23.15||1.909 times|
|30 Mon Aug 2021||24.30||24.30||24.30||24.30||0.433 times|
|27 Fri Aug 2021||23.60||23.60||23.60||23.60||0.043 times|
|26 Thu Aug 2021||23.55||23.60||23.60||23.55||1.515 times|
|25 Wed Aug 2021||24.55||27.05||27.05||24.55||0.468 times|
|23 Mon Aug 2021||25.80||27.00||27.00||25.80||0.113 times|
My analysis of stock is bearish for shortterm, and stock might move down till 23.8 or till 22.3. Use a stoploss of 25.03 and if the stock hits stoploss, then it can shoot up till 26.27
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||22.52|
|Downside Intraday Target||20.53|
|Upside Intraday Target||25.97|
|Upside Intraday Target||27.43|
|Downside Intraday Target||23.98|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|07 Tue Sep 2021||24.50||22.00||25.45||22.00||0.773 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|
|07 Tue Sep 2021||24.50||24.00||25.45||22.00||0.478 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 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||31, 34, 6||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 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 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 Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 23.75 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.