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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 2022-04-18 View latest technical analysis

10 day averaged volume of Shremetal is 1129

Date Daily Closing Price Open High Low Volume
18 Mon Apr 2022 23.85 23.85 23.85 23.85 0.044 times
13 Wed Apr 2022 25.10 25.15 25.15 23.50 1.113 times
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 0.831 times
08 Fri Apr 2022 23.50 22.65 23.50 22.65 0.572 times
07 Thu Apr 2022 23.80 24.15 24.15 23.80 1.708 times
06 Wed Apr 2022 25.05 25.05 25.05 23.80 0.99 times
05 Tue Apr 2022 25.05 26.35 26.35 25.05 0.667 times
04 Mon Apr 2022 26.35 24.65 26.40 23.95 1.361 times
01 Fri Apr 2022 25.15 23.75 25.15 22.85 1.072 times

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 23.8 as stoploss in an intra day buy trade for a target of 24.87. However, stock will show a bearish move below 23.8.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.75
Downside Target 21.70
Downside Target 22.35
Downside Target 23.85
Upside Target 25.15
Upside Target 26.40
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 23.85
Downside Intraday Target 23.85
Downside Intraday Target 23.85
Downside Intraday Target 23.85
Upside Intraday Target 23.85

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
18 Mon Apr 2022 23.85 23.85 23.85 23.85 0.023 times
13 Wed Apr 2022 25.10 22.35 25.15 22.35 0.368 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

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 Apr 2022 23.85 23.75 26.40 22.35 1.655 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, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shremetal (Shremetal)

Indicator Name Indicator Value Indicator Signal
ADX 22, 21, 2 Buy
MACD -0, -0Sell
Stochastics 54None
CCI -41Sell
RSI 49Sell
OBV 1305Sell
VWAP 25Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is

ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak 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. Bulls 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 SELL signal in short term and selling is picking up 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 24.76 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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 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

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Daily chart

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