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