[moreButton]
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-09-09 View latest technical analysis

10 day averaged volume of Shremetal is 248

Date Daily Closing Price Open High Low Volume
09 Thu Sep 2021 25.75 25.50 26.75 25.50 0.504 times
08 Wed Sep 2021 25.50 25.50 25.50 25.50 0.101 times
07 Tue Sep 2021 24.50 23.10 25.45 23.10 0.988 times
06 Mon Sep 2021 24.25 22.00 24.25 22.00 2.496 times
03 Fri Sep 2021 23.10 23.10 23.10 23.10 2.286 times
02 Thu Sep 2021 24.30 24.30 24.30 24.30 0.04 times
01 Wed Sep 2021 23.15 24.00 24.00 23.15 1.778 times
30 Mon Aug 2021 24.30 24.30 24.30 24.30 0.403 times
27 Fri Aug 2021 23.60 23.60 23.60 23.60 0.04 times
26 Thu Aug 2021 23.55 23.60 23.60 23.55 1.411 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 26.2 as stoploss in an intra day sell trade for a target of 24.98. However, stock will show a bullish move above 26.2.

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
Downside Target 25.45
Upside Target 26.75
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 22.92
Downside Intraday Target 20.08
Upside Intraday Target 27.67
Upside Intraday Target 29.58
Downside Intraday Target 24.83

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
09 Thu Sep 2021 25.75 22.00 26.75 22.00 0.907 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
09 Thu Sep 2021 25.75 24.00 26.75 22.00 0.517 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 35, 28, 11 Buy
MACD -1, -1Buy
Stochastics 66None
CCI 169Buy
RSI 42Sell
OBV -426Sell
VWAP 24Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Shremetal in short term but the buy signal is initial and weak.

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. Bulls 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 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 23.81 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.

Shremetal Stock is giving positive 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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme