(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)
Intraday share price targets for Shremetal (Shremetal)
|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|
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.