(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 2021-10-01 View latest technical analysis
10 day averaged volume of Shremetal is 156
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Oct 2021 | 22.65 | 22.65 | 22.65 | 22.65 | 0.006 times |
| 29 Wed Sep 2021 | 22.65 | 22.65 | 22.65 | 22.65 | 0.327 times |
| 27 Mon Sep 2021 | 23.80 | 23.80 | 23.80 | 23.80 | 0.231 times |
| 24 Fri Sep 2021 | 25.00 | 25.00 | 25.00 | 25.00 | 0.641 times |
| 22 Wed Sep 2021 | 26.25 | 26.30 | 26.30 | 26.25 | 0.66 times |
| 21 Tue Sep 2021 | 26.35 | 26.35 | 26.35 | 26.35 | 0.006 times |
| 16 Thu Sep 2021 | 26.40 | 23.95 | 26.45 | 23.95 | 3.064 times |
| 15 Wed Sep 2021 | 25.20 | 25.20 | 25.20 | 25.20 | 0.641 times |
| 14 Tue Sep 2021 | 26.50 | 25.25 | 26.50 | 25.25 | 1.442 times |
| 13 Mon Sep 2021 | 26.50 | 25.75 | 26.95 | 24.60 | 2.16 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.4, but if it comes above 23.4, then a intra day buy could be more profitable.
If you take a sell trade below 23.4, then use 23.4 as stoploss and 21.8 as target. However if you take a buy trade in stock , then use 23.4 as stoploss and 24.67 as target.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 22.00 |
| Downside Target | 22.65 |
| Upside Target | 23.80 |
| Upside Target | 25.00 |
| Upside Target | 25.60 |
| Upside Target | 26.35 |
| Upside Target | 26.75 |
| Upside Target | 26.95 |
| Upside Target | 28.00 |
| Upside Target | 30.45 |
| Upside Target | 32.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 22.27 |
| Downside Intraday Target | 21.88 |
| Upside Intraday Target | 23.42 |
| Upside Intraday Target | 24.18 |
| Upside Intraday Target | 23.03 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Oct 2021 | 22.65 | 23.80 | 23.80 | 22.65 | 0.431 times |
| 24 Fri Sep 2021 | 25.00 | 26.35 | 26.35 | 25.00 | 0.179 times |
| 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 |
Price has moved down 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 |
| 01 Fri Oct 2021 | 22.65 | 22.65 | 22.65 | 22.65 | 0 times |
| 29 Wed Sep 2021 | 22.65 | 24.00 | 26.95 | 22.00 | 0.88 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 |
Scroll below to view daily charts
Price has moved down 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 | 15, 43, 49 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 0 | Sell |
| CCI | -133 | Sell |
| RSI | 46 | Sell |
| OBV | 92 | Sell |
| VWAP | 26 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 coming down
CCI has generated a SELL signal for Shremetal in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 26.05 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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