(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 2022-05-10 View latest technical analysis
10 day averaged volume of Shremetal is 496
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||22.65||24.30||24.95||22.65||1.659 times|
|09 Mon May 2022||23.80||23.80||23.80||23.80||0.403 times|
|06 Fri May 2022||22.70||22.75||22.75||22.70||0.222 times|
|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|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.9, but if it comes above 22.9, then a intra day buy could be more profitable.
If you take a sell trade below 22.9, then use 22.9 as stoploss and 21.8 as target. However if you take a buy trade in stock , then use 22.9 as stoploss and 23.74 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||21.88|
|Downside Intraday Target||21.12|
|Upside Intraday Target||24.18|
|Upside Intraday Target||25.72|
|Upside Intraday Target||23.42|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Tue May 2022||22.65||23.80||24.95||22.65||0.861 times|
|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|
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|
|10 Tue May 2022||22.65||22.80||24.95||21.70||0.17 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, 38, 10||Sell|
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 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 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 gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 coming down
CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 23.52 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.