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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)

10 day averaged volume of Shremetal is 314

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 25.65 25.65 25.65 25.65 0.08 times
23 Mon May 2022 24.45 24.45 24.45 24.45 0.401 times
20 Fri May 2022 24.50 24.50 24.50 24.50 0.159 times
17 Tue May 2022 24.65 24.65 24.65 24.65 0.637 times
16 Mon May 2022 23.50 23.50 23.50 23.50 0.099 times
13 Fri May 2022 23.50 23.50 23.50 23.50 0.003 times
11 Wed May 2022 23.50 23.50 23.50 23.50 1.911 times
10 Tue May 2022 22.65 24.30 24.95 22.65 2.621 times
09 Mon May 2022 23.80 23.80 23.80 23.80 0.637 times
06 Fri May 2022 22.70 22.75 22.75 22.70 0.35 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 25.6, for a target of 24.5 or 23.69

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.75
Downside Target 21.70
Downside Target 22.35
Downside Target 23.50
Downside Target 24.45
Downside Target 25.00
Downside Target 25.65
Upside Target 26.40
Upside Target 28.00
Upside Target 29.50
Upside Target 30.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 24.85
Downside Intraday Target 24.05
Upside Intraday Target 26.05
Upside Intraday Target 26.45
Downside Intraday Target 25.25

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 25.65 24.45 25.65 24.45 0.537 times
20 Fri May 2022 24.50 23.50 24.65 23.50 0.173 times
13 Fri May 2022 23.50 23.80 24.95 22.65 1.367 times
06 Fri May 2022 22.70 22.80 22.80 21.70 0.808 times
29 Fri Apr 2022 24.00 23.35 25.00 22.75 0.681 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
24 Tue May 2022 25.65 22.80 25.65 21.70 0.249 times
29 Fri Apr 2022 24.00 23.75 26.40 22.35 2.283 times
31 Thu Mar 2022 24.00 20.75 28.00 20.75 0.551 times
28 Mon Feb 2022 21.70 27.15 29.50 21.70 0.477 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 45, 28, 23 Buy
MACD 0, -0Buy
Stochastics 90Buy
CCI 166Buy
RSI 51Buy
OBV 3210Sell
VWAP 23Buy
ADL 0Sell
ROC 18Buy
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

Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is

Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer 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.

ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.

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 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shremetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 23.37 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 positive

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

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Daily charts

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

Daily chart

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