(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 1203
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 29.70 | 29.90 | 29.90 | 29.00 | 0.786 times |
| 11 Thu Aug 2022 | 28.50 | 25.90 | 28.50 | 25.90 | 0.409 times |
| 10 Wed Aug 2022 | 27.25 | 29.60 | 29.60 | 27.05 | 1.579 times |
| 08 Mon Aug 2022 | 28.20 | 27.00 | 28.35 | 26.95 | 1.322 times |
| 05 Fri Aug 2022 | 27.00 | 26.10 | 27.00 | 25.90 | 1.434 times |
| 04 Thu Aug 2022 | 26.00 | 26.70 | 26.70 | 24.70 | 0.561 times |
| 03 Wed Aug 2022 | 25.50 | 26.30 | 27.50 | 25.50 | 0.998 times |
| 02 Tue Aug 2022 | 26.30 | 26.10 | 26.30 | 26.10 | 0.499 times |
| 01 Mon Aug 2022 | 26.20 | 28.90 | 28.90 | 26.20 | 1.687 times |
| 30 Sat Jul 2022 | 27.55 | 30.45 | 30.45 | 27.55 | 0.436 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 29.6, for a target of 28.2 or 26.99
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 21.70 |
| Downside Target | 22.35 |
| Downside Target | 23.05 |
| Downside Target | 24.70 |
| Downside Target | 25.25 |
| Downside Target | 25.90 |
| Downside Target | 26.80 |
| Downside Target | 27.65 |
| Downside Target | 28.90 |
| Upside Target | 29.90 |
| Upside Target | 30.45 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 27.1 |
| Downside Intraday Target | 24.5 |
| Upside Intraday Target | 31.1 |
| Upside Intraday Target | 32.5 |
| Downside Intraday Target | 28.5 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 29.70 | 27.00 | 29.90 | 25.90 | 0.791 times |
| 05 Fri Aug 2022 | 27.00 | 28.90 | 28.90 | 24.70 | 2.023 times |
| 30 Sat Jul 2022 | 27.55 | 27.00 | 30.45 | 26.80 | 0.409 times |
| 22 Fri Jul 2022 | 26.40 | 25.50 | 27.65 | 25.25 | 2.196 times |
| 14 Thu Jul 2022 | 24.80 | 25.45 | 25.90 | 23.05 | 11.417 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 |
| 12 Fri Aug 2022 | 29.70 | 28.90 | 29.90 | 24.70 | 0.773 times |
| 30 Sat Jul 2022 | 27.55 | 23.05 | 30.45 | 23.05 | 7.67 times |
| 30 Thu Jun 2022 | 24.05 | 25.00 | 26.25 | 23.10 | 0.512 times |
| 31 Tue May 2022 | 25.00 | 22.80 | 26.25 | 21.70 | 0.282 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 | 42, 16, 45 | Buy |
| MACD | 2, 1 | Buy |
| Stochastics | 66 | None |
| CCI | 153 | Buy |
| RSI | 47 | Sell |
| OBV | 11998 | Sell |
| VWAP | 27 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 green color and prices are above the green 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
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 27.12 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 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
Click here for further forecast and predictions for tomorrow