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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 2021-09-16 View latest technical analysis

10 day averaged volume of Shremetal is 269

Date Daily Closing Price Open High Low Volume
16 Thu Sep 2021 26.40 23.95 26.45 23.95 1.777 times
15 Wed Sep 2021 25.20 25.20 25.20 25.20 0.372 times
14 Tue Sep 2021 26.50 25.25 26.50 25.25 0.836 times
13 Mon Sep 2021 26.50 25.75 26.95 24.60 1.253 times
09 Thu Sep 2021 25.75 25.50 26.75 25.50 0.465 times
08 Wed Sep 2021 25.50 25.50 25.50 25.50 0.093 times
07 Tue Sep 2021 24.50 23.10 25.45 23.10 0.911 times
06 Mon Sep 2021 24.25 22.00 24.25 22.00 2.301 times
03 Fri Sep 2021 23.10 23.10 23.10 23.10 2.108 times
02 Thu Sep 2021 24.30 24.30 24.30 24.30 0.037 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 26.5 as stoploss in an intra day sell trade for a target of 25.17. However, stock will show a bullish move above 26.5.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.00
Downside Target 22.50
Downside Target 23.05
Downside Target 25.45
Upside Target 26.75
Upside Target 26.95
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 24.58
Downside Intraday Target 22.77
Upside Intraday Target 27.58
Upside Intraday Target 28.77
Downside Intraday Target 25.77

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
16 Thu Sep 2021 26.40 25.75 26.95 23.95 1.124 times
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

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
16 Thu Sep 2021 26.40 24.00 26.95 22.00 0.806 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 20, 21, 3 Sell
MACD -0, -1Buy
Stochastics 81Buy
CCI 46Buy
RSI 43Sell
OBV 1315Sell
VWAP 25Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 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 24.99 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.

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Daily charts

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Daily chart

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