(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 2022-04-08 View latest technical analysis
10 day averaged volume of Shremetal is 952
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Fri Apr 2022||23.50||22.65||23.50||22.65||0.679 times|
|07 Thu Apr 2022||23.80||24.15||24.15||23.80||2.025 times|
|06 Wed Apr 2022||25.05||25.05||25.05||23.80||1.174 times|
|05 Tue Apr 2022||25.05||26.35||26.35||25.05||0.791 times|
|04 Mon Apr 2022||26.35||24.65||26.40||23.95||1.614 times|
|01 Fri Apr 2022||25.15||23.75||25.15||22.85||1.271 times|
|31 Thu Mar 2022||24.00||23.45||24.45||23.45||1.991 times|
|30 Wed Mar 2022||23.45||23.45||23.45||23.45||0.272 times|
|29 Tue Mar 2022||24.65||23.55||24.65||22.40||0.131 times|
|28 Mon Mar 2022||23.55||23.55||23.55||23.55||0.053 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.1, but if it comes above 24.1, then a intra day buy could be more profitable.
If you take a sell trade below 24.1, then use 24.1 as stoploss and 22.9 as target. However if you take a buy trade in stock , then use 24.1 as stoploss and 25.15 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||21.97|
|Downside Intraday Target||20.43|
|Upside Intraday Target||25.72|
|Upside Intraday Target||27.93|
|Upside Intraday Target||24.18|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Fri Apr 2022||23.50||24.65||26.40||22.65||1.69 times|
|01 Fri Apr 2022||25.15||23.55||25.15||22.40||1.827 times|
|25 Fri Mar 2022||24.75||27.00||28.00||24.25||3.836 times|
|17 Thu Mar 2022||26.75||26.55||27.15||24.70||1.18 times|
|11 Fri Mar 2022||26.00||23.75||26.00||23.75||0.719 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|
|08 Fri Apr 2022||23.50||23.75||26.40||22.65||1.261 times|
|31 Thu Mar 2022||24.00||20.75||28.00||20.75||0.551 times|
|28 Mon Feb 2022||21.70||27.15||29.50||21.70||0.477 times|
|31 Mon Jan 2022||25.95||27.40||30.90||22.55||1.462 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||19, 31, 23||Sell|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
Shremetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 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 24.65 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