Login or Join
 Learn then Earn

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

(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 2021-10-05 View latest technical analysis

10 day averaged volume of Shremetal is 129

Date Daily Closing Price Open High Low Volume
05 Tue Oct 2021 24.55 23.40 24.55 23.40 0.163 times
04 Mon Oct 2021 23.40 23.75 23.75 23.00 1.527 times
01 Fri Oct 2021 22.65 22.65 22.65 22.65 0.008 times
29 Wed Sep 2021 22.65 22.65 22.65 22.65 0.395 times
27 Mon Sep 2021 23.80 23.80 23.80 23.80 0.279 times
24 Fri Sep 2021 25.00 25.00 25.00 25.00 0.775 times
22 Wed Sep 2021 26.25 26.30 26.30 26.25 0.798 times
21 Tue Sep 2021 26.35 26.35 26.35 26.35 0.008 times
16 Thu Sep 2021 26.40 23.95 26.45 23.95 3.705 times
15 Wed Sep 2021 25.20 25.20 25.20 25.20 0.775 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.4 or till 21.9. Use a stoploss of 24.71 and if the stock hits stoploss, then it can shoot up till 26

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.00
Downside Target 22.65
Downside Target 23.80
Downside Target 24.50
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 23.52
Downside Intraday Target 22.48
Upside Intraday Target 25.07
Upside Intraday Target 25.58
Downside Intraday Target 24.03

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
05 Tue Oct 2021 24.55 23.75 24.55 23.00 2.477 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shremetal (Shremetal)

Date Monthly Closing Price Open High Low Volume
05 Tue Oct 2021 24.55 22.65 24.55 22.65 0.063 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 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 28, 34, 10 Sell
MACD -1, -1Sell
Stochastics 23Sell
CCI -19Buy
RSI 46Sell
OBV 768Sell
VWAP 25Sell
ADL 0Sell
ROC -7Sell
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shremetal in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 25.3 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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 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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme