(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 2022-05-06 View latest technical analysis
10 day averaged volume of Shremetal is 471
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 22.70 | 22.75 | 22.75 | 22.70 | 0.234 times |
| 05 Thu May 2022 | 21.70 | 21.75 | 21.75 | 21.70 | 2.127 times |
| 04 Wed May 2022 | 22.80 | 22.80 | 22.80 | 22.80 | 0.161 times |
| 29 Fri Apr 2022 | 24.00 | 25.00 | 25.00 | 24.00 | 1.699 times |
| 27 Wed Apr 2022 | 23.85 | 23.50 | 23.85 | 22.75 | 0.885 times |
| 26 Tue Apr 2022 | 23.85 | 23.85 | 23.85 | 23.35 | 0.325 times |
| 25 Mon Apr 2022 | 23.35 | 23.35 | 23.35 | 23.35 | 0.212 times |
| 22 Fri Apr 2022 | 24.55 | 24.55 | 24.55 | 24.55 | 4.248 times |
| 21 Thu Apr 2022 | 24.05 | 24.05 | 24.05 | 24.05 | 0.212 times |
| 20 Wed Apr 2022 | 22.95 | 23.85 | 23.85 | 22.95 | 0.019 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23, but if it comes above 23, then a intra day buy could be more profitable.
If you take a sell trade below 23, then use 23 as stoploss and 21.7 as target. However if you take a buy trade in stock , then use 23 as stoploss and 23.99 as target.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 20.75 |
| Downside Target | 21.70 |
| Downside 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 | 22 |
| Downside Intraday Target | 21.3 |
| Upside Intraday Target | 23.1 |
| Upside Intraday Target | 23.5 |
| Downside Intraday Target | 22.4 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri May 2022 | 22.70 | 22.80 | 22.80 | 21.70 | 0.808 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 |
| 06 Fri May 2022 | 22.70 | 22.80 | 22.80 | 21.70 | 0.091 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 | 31, 39, 11 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 11 | Sell |
| CCI | -72 | Buy |
| RSI | 44 | Sell |
| OBV | 4503 | Sell |
| VWAP | 24 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing 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 moving up
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 23.67 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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