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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 2022-04-12 View latest technical analysis

10 day averaged volume of Shremetal is 1041

Date Daily Closing Price Open High Low Volume
12 Tue Apr 2022 24.65 22.35 24.65 22.35 0.004 times
11 Mon Apr 2022 23.50 22.35 23.50 22.35 0.901 times
08 Fri Apr 2022 23.50 22.65 23.50 22.65 0.621 times
07 Thu Apr 2022 23.80 24.15 24.15 23.80 1.852 times
06 Wed Apr 2022 25.05 25.05 25.05 23.80 1.074 times
05 Tue Apr 2022 25.05 26.35 26.35 25.05 0.723 times
04 Mon Apr 2022 26.35 24.65 26.40 23.95 1.476 times
01 Fri Apr 2022 25.15 23.75 25.15 22.85 1.162 times
31 Thu Mar 2022 24.00 23.45 24.45 23.45 1.82 times
30 Wed Mar 2022 23.45 23.45 23.45 23.45 0.249 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.9 or till 22.6. Use a stoploss of 25.01 and if the stock hits stoploss, then it can shoot up till 26.09

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.75
Downside Target 21.70
Downside Target 22.35
Downside Target 24.25
Upside Target 26.40
Upside Target 27.15
Upside Target 28.00
Upside Target 29.50
Upside Target 29.65
Upside Target 30.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 23.12
Downside Intraday Target 21.58
Upside Intraday Target 25.42
Upside Intraday Target 26.18
Downside Intraday Target 23.88

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
12 Tue Apr 2022 24.65 22.35 24.65 22.35 0.157 times
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

Price has moved up 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
12 Tue Apr 2022 24.65 23.75 26.40 22.35 1.426 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 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 23, 26, 7 Sell
MACD -0, -0Sell
Stochastics 38None
CCI -27Buy
RSI 51Buy
OBV 93Sell
VWAP 25Buy
ADL 0Sell
ROC 0Sell
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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

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Daily charts

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Daily chart

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