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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 2022-04-21 View latest technical analysis

10 day averaged volume of Shremetal is 824

Date Daily Closing Price Open High Low Volume
21 Thu Apr 2022 24.05 24.05 24.05 24.05 0.121 times
20 Wed Apr 2022 22.95 23.85 23.85 22.95 0.011 times
18 Mon Apr 2022 23.85 23.85 23.85 23.85 0.061 times
13 Wed Apr 2022 25.10 25.15 25.15 23.50 1.525 times
12 Tue Apr 2022 24.65 22.35 24.65 22.35 0.005 times
11 Mon Apr 2022 23.50 22.35 23.50 22.35 1.138 times
08 Fri Apr 2022 23.50 22.65 23.50 22.65 0.784 times
07 Thu Apr 2022 23.80 24.15 24.15 23.80 2.34 times
06 Wed Apr 2022 25.05 25.05 25.05 23.80 1.357 times
05 Tue Apr 2022 25.05 26.35 26.35 25.05 0.914 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 23.6 as stoploss in an intra day buy trade for a target of 24.58. However, stock will show a bearish move below 23.6.

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.75
Downside Target 21.70
Downside Target 22.35
Downside Target 24.05
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 23.32
Downside Intraday Target 22.58
Upside Intraday Target 24.42
Upside Intraday Target 24.78
Downside Intraday Target 23.68

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
21 Thu Apr 2022 24.05 23.85 24.05 22.95 0.072 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
21 Thu Apr 2022 24.05 23.75 26.40 22.35 1.674 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, 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 20, 24, 8 Sell
MACD -1, -0Sell
Stochastics 31None
CCI 6Buy
RSI 49Sell
OBV 1396Sell
VWAP 24Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 24.32 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

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Daily charts

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Daily chart

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