(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 2022-04-22 View latest technical analysis
10 day averaged volume of Shremetal is 680
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||24.55||24.55||24.55||24.55||2.943 times|
|21 Thu Apr 2022||24.05||24.05||24.05||24.05||0.147 times|
|20 Wed Apr 2022||22.95||23.85||23.85||22.95||0.013 times|
|18 Mon Apr 2022||23.85||23.85||23.85||23.85||0.074 times|
|13 Wed Apr 2022||25.10||25.15||25.15||23.50||1.849 times|
|12 Tue Apr 2022||24.65||22.35||24.65||22.35||0.006 times|
|11 Mon Apr 2022||23.50||22.35||23.50||22.35||1.379 times|
|08 Fri Apr 2022||23.50||22.65||23.50||22.65||0.95 times|
|07 Thu Apr 2022||23.80||24.15||24.15||23.80||2.835 times|
|06 Wed Apr 2022||25.05||25.05||25.05||23.80||1.644 times|
Stock of Shremetal (Shremetal) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 25.5 or till 26.7. Use a stoploss of 24.53 and if this stock hits its stoploss, then it can fall down till 23.54
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||23.48|
|Downside Intraday Target||22.42|
|Upside Intraday Target||25.08|
|Upside Intraday Target||25.62|
|Downside Intraday Target||24.02|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Apr 2022||24.55||23.85||24.55||22.95||0.982 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|
|22 Fri Apr 2022||24.55||23.75||26.40||22.35||2.025 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||23, 23, 0||Sell|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and BUY 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 24.31 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.