(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 2022-04-29 View latest technical analysis
10 day averaged volume of Shremetal is 503
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Fri Apr 2022||24.00||25.00||25.00||24.00||1.59 times|
|27 Wed Apr 2022||23.85||23.50||23.85||22.75||0.829 times|
|26 Tue Apr 2022||23.85||23.85||23.85||23.35||0.304 times|
|25 Mon Apr 2022||23.35||23.35||23.35||23.35||0.199 times|
|22 Fri Apr 2022||24.55||24.55||24.55||24.55||3.978 times|
|21 Thu Apr 2022||24.05||24.05||24.05||24.05||0.199 times|
|20 Wed Apr 2022||22.95||23.85||23.85||22.95||0.018 times|
|18 Mon Apr 2022||23.85||23.85||23.85||23.85||0.099 times|
|13 Wed Apr 2022||25.10||25.15||25.15||23.50||2.499 times|
|12 Tue Apr 2022||24.65||22.35||24.65||22.35||0.008 times|
My analysis of stock is bearish for shortterm, and stock might move down till 23.4 or till 22.5. Use a stoploss of 24.24 and if the stock hits stoploss, then it can shoot up till 25.04
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||22.83|
|Downside Intraday Target||21.67|
|Upside Intraday Target||25.08|
|Upside Intraday Target||26.17|
|Downside Intraday Target||23.92|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Fri Apr 2022||24.00||23.35||25.00||22.75||0.681 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|
|29 Fri Apr 2022||24.00||23.75||26.40||22.35||2.283 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||30, 29, 1||Buy|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. 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. Bulls 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 and selling is picking up 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 24.48 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.