(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 2022-05-05 View latest technical analysis
10 day averaged volume of Shremetal is 496
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 21.70 | 21.75 | 21.75 | 21.70 | 2.02 times |
| 04 Wed May 2022 | 22.80 | 22.80 | 22.80 | 22.80 | 0.153 times |
| 29 Fri Apr 2022 | 24.00 | 25.00 | 25.00 | 24.00 | 1.613 times |
| 27 Wed Apr 2022 | 23.85 | 23.50 | 23.85 | 22.75 | 0.841 times |
| 26 Tue Apr 2022 | 23.85 | 23.85 | 23.85 | 23.35 | 0.308 times |
| 25 Mon Apr 2022 | 23.35 | 23.35 | 23.35 | 23.35 | 0.202 times |
| 22 Fri Apr 2022 | 24.55 | 24.55 | 24.55 | 24.55 | 4.034 times |
| 21 Thu Apr 2022 | 24.05 | 24.05 | 24.05 | 24.05 | 0.202 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 | 0.101 times |
Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 21.9, for a target of 23.1 or 24.06
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 20.75 |
| Downside Target | 21.70 |
| Upside Target | 22.35 |
| Upside Target | 24.55 |
| Upside Target | 25.00 |
| Upside Target | 25.15 |
| Upside Target | 26.40 |
| Upside Target | 28.00 |
| Upside Target | 29.50 |
| Upside Target | 30.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 21.33 |
| Downside Intraday Target | 20.97 |
| Upside Intraday Target | 22.43 |
| Upside Intraday Target | 23.17 |
| Upside Intraday Target | 22.07 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu May 2022 | 21.70 | 22.80 | 22.80 | 21.70 | 0.733 times |
| 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 |
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 |
| 05 Thu May 2022 | 21.70 | 22.80 | 22.80 | 21.70 | 0.083 times |
| 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 |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Shremetal (Shremetal)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 25, 43, 27 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 20 | Sell |
| CCI | -203 | Sell |
| RSI | 44 | Sell |
| OBV | 4134 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 23.69 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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