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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 637

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 29.95 29.95 29.95 29.95 0.038 times
01 Wed Feb 2023 28.55 28.55 28.55 28.55 0.039 times
31 Tue Jan 2023 30.00 31.00 31.00 30.00 0.471 times
27 Fri Jan 2023 30.90 30.80 33.90 30.80 0.546 times
25 Wed Jan 2023 32.35 32.35 32.35 32.35 0.047 times
23 Mon Jan 2023 30.85 30.85 30.85 30.85 0.006 times
20 Fri Jan 2023 32.40 35.70 35.70 32.35 0.345 times
19 Thu Jan 2023 34.00 34.00 34.00 34.00 0.049 times
17 Tue Jan 2023 32.40 32.40 32.40 32.40 0.039 times
16 Mon Jan 2023 33.95 36.70 36.70 33.50 7.964 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.7, but if it comes above 30.7, then a intra day buy could be more profitable.
If you take a sell trade below 30.7, then use 30.7 as stoploss and 28.5 as target. However if you take a buy trade in stock , then use 30.7 as stoploss and 32.63 as target.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 25.40
Downside Target 26.50
Downside Target 27.85
Downside Target 28.55
Downside Target 29.95
Upside Target 30.80
Upside Target 32.25
Upside Target 33.30
Upside Target 33.90
Upside Target 34.85
Upside Target 36.70
Upside Target 37.40
Upside Target 37.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 28.67
Downside Intraday Target 27.38
Upside Intraday Target 31.12
Upside Intraday Target 32.28
Downside Intraday Target 29.83

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 29.95 31.00 31.00 28.55 0.914 times
27 Fri Jan 2023 30.90 30.85 33.90 30.80 0.071 times
20 Fri Jan 2023 32.40 36.70 36.70 32.35 5.95 times
13 Fri Jan 2023 35.00 34.70 37.90 31.45 0.72 times
06 Fri Jan 2023 34.80 29.05 34.85 29.05 0.548 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
03 Fri Feb 2023 29.95 28.55 29.95 28.55 0.006 times
31 Tue Jan 2023 30.00 29.05 37.90 29.05 0.942 times
30 Fri Dec 2022 30.50 29.65 32.25 25.40 0.67 times
30 Wed Nov 2022 28.30 32.90 37.40 26.50 0.617 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 33, 34, 1 Sell
MACD -0, 1Sell
Stochastics 6Sell
CCI -82Buy
RSI 52Buy
OBV -7390Sell
VWAP 33Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

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

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 Weak and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 33.47 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 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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