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 2021-10-25 View latest technical analysis

10 day averaged volume of Shremetal is 29

Date Daily Closing Price Open High Low Volume
25 Mon Oct 2021 24.85 24.85 24.85 24.85 6.897 times
22 Fri Oct 2021 26.15 26.15 26.15 26.15 0.034 times
20 Wed Oct 2021 26.15 26.15 26.15 26.15 0.897 times
19 Tue Oct 2021 26.35 26.35 26.35 26.35 0.414 times
18 Mon Oct 2021 27.35 27.35 27.35 27.35 0.69 times
14 Thu Oct 2021 27.90 27.90 27.90 27.90 0.138 times
13 Wed Oct 2021 27.90 27.90 27.90 27.05 1.207 times
12 Tue Oct 2021 27.00 27.00 27.00 27.00 0.034 times
11 Mon Oct 2021 27.25 27.25 27.25 27.25 0.069 times
08 Fri Oct 2021 27.80 27.55 27.80 25.65 4.345 times

Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.2 as stoploss in an intra day buy trade for a target of 25.81. However, stock will show a bearish move below 24.2.

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 26.15
Upside 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 24.85
Downside Intraday Target 24.85
Downside Intraday Target 24.85
Downside Intraday Target 24.85
Upside Intraday Target 24.85

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
25 Mon Oct 2021 24.85 24.85 24.85 24.85 3.39 times
22 Fri Oct 2021 26.15 27.35 27.35 26.15 1.405 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

Price has moved down 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
25 Mon Oct 2021 24.85 22.65 27.90 22.65 0.224 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 30, 46, 21 Sell
MACD 0, 0Sell
Stochastics 23Sell
CCI -179Sell
RSI 52Buy
OBV 433Sell
VWAP 26Sell
ADL 0Sell
ROC -8Sell
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

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 26.26 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

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