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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 2022-04-27 View latest technical analysis

10 day averaged volume of Shremetal is 526

Date Daily Closing Price Open High Low Volume
27 Wed Apr 2022 23.85 23.50 23.85 22.75 0.793 times
26 Tue Apr 2022 23.85 23.85 23.85 23.35 0.291 times
25 Mon Apr 2022 23.35 23.35 23.35 23.35 0.19 times
22 Fri Apr 2022 24.55 24.55 24.55 24.55 3.804 times
21 Thu Apr 2022 24.05 24.05 24.05 24.05 0.19 times
20 Wed Apr 2022 22.95 23.85 23.85 22.95 0.017 times
18 Mon Apr 2022 23.85 23.85 23.85 23.85 0.095 times
13 Wed Apr 2022 25.10 25.15 25.15 23.50 2.39 times
12 Tue Apr 2022 24.65 22.35 24.65 22.35 0.008 times
11 Mon Apr 2022 23.50 22.35 23.50 22.35 1.783 times

My analysis of stock is bearish for shortterm, and stock might move down till 23.4 or till 22.4. Use a stoploss of 24.21 and if the stock hits stoploss, then it can shoot up till 25.02

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 24.55
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 23.12
Downside Intraday Target 22.38
Upside Intraday Target 24.22
Upside Intraday Target 24.58
Downside Intraday Target 23.48

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
27 Wed Apr 2022 23.85 23.35 23.85 22.75 0.31 times
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

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
27 Wed Apr 2022 23.85 23.75 26.40 22.35 2.143 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, 32, 19 Sell
MACD -1, -1Sell
Stochastics 48None
CCI -49Sell
RSI 46Sell
OBV 3845Sell
VWAP 24Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

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 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 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 gaining 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 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 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 24.37 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 is giving positive 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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