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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 2021-09-07 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)

Target Type Value
Downside Target 22.00
Downside Target 22.50
Downside Target 23.05
Downside Target 24.30
Upside Target 25.45
Upside Target 26.00
Upside Target 27.05
Upside Target 28.00
Upside Target 30.45
Upside Target 32.40
Upside Target 32.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
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
MACD -1, -1Sell
Stochastics 31None
CCI 16Buy
RSI 44Sell
OBV -671Sell
VWAP 24Buy
ADL 0Sell
ROC -10Sell
Force Index 0Sell

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.

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Daily charts

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Daily chart

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