(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)
Intraday share price targets for Shremetal (Shremetal)
|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|
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.