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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)

Showing technical analysis as on 2021-10-18 View latest technical analysis

10 day averaged volume of Shremetal is 52

Date Daily Closing Price Open High Low Volume
18 Mon Oct 2021 27.35 27.35 27.35 27.35 0.385 times
14 Thu Oct 2021 27.90 27.90 27.90 27.90 0.077 times
13 Wed Oct 2021 27.90 27.90 27.90 27.05 0.673 times
12 Tue Oct 2021 27.00 27.00 27.00 27.00 0.019 times
11 Mon Oct 2021 27.25 27.25 27.25 27.25 0.038 times
08 Fri Oct 2021 27.80 27.55 27.80 25.65 2.423 times
07 Thu Oct 2021 27.00 25.75 27.00 25.75 1.173 times
06 Wed Oct 2021 25.75 24.55 25.75 24.55 1.288 times
05 Tue Oct 2021 24.55 23.40 24.55 23.40 0.404 times
04 Mon Oct 2021 23.40 23.75 23.75 23.00 3.788 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.5 as stoploss in an intra day sell trade for a target of 25.86. However, stock will show a bullish move above 27.5.

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
Downside Target 25.00
Downside Target 25.60
Downside Target 26.35
Downside Target 26.95
Upside Target 27.80
Upside Target 27.90
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 27.35
Downside Intraday Target 27.35
Downside Intraday Target 27.35
Downside Intraday Target 27.35
Upside Intraday Target 27.35

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
18 Mon Oct 2021 27.35 27.35 27.35 27.35 0.476 times
14 Thu Oct 2021 27.90 27.25 27.90 27.00 0.089 times
08 Fri Oct 2021 27.80 23.75 27.80 23.00 5.364 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

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
18 Mon Oct 2021 27.35 22.65 27.90 22.65 0.154 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 42, 26, 23 Buy
MACD 1, 0Buy
Stochastics 96Buy
CCI 53Sell
RSI 52Buy
OBV 1033Sell
VWAP 26Buy
ADL 0Sell
ROC 21Buy
Force Index 0Sell

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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 but SELL 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

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 25.69 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

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Daily charts

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Daily chart

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