(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 2022-05-11 View latest technical analysis
10 day averaged volume of Shremetal is 568
|Date||Daily Closing Price||Open||High||Low||Volume|
|11 Wed May 2022||23.50||23.50||23.50||23.50||1.056 times|
|10 Tue May 2022||22.65||24.30||24.95||22.65||1.449 times|
|09 Mon May 2022||23.80||23.80||23.80||23.80||0.352 times|
|06 Fri May 2022||22.70||22.75||22.75||22.70||0.194 times|
|05 Thu May 2022||21.70||21.75||21.75||21.70||1.764 times|
|04 Wed May 2022||22.80||22.80||22.80||22.80||0.134 times|
|29 Fri Apr 2022||24.00||25.00||25.00||24.00||1.408 times|
|27 Wed Apr 2022||23.85||23.50||23.85||22.75||0.734 times|
|26 Tue Apr 2022||23.85||23.85||23.85||23.35||0.269 times|
|25 Mon Apr 2022||23.35||23.35||23.35||23.35||0.176 times|
My analysis of stock is bearish for shortterm, and stock might move down till 22.8 or till 21.9. Use a stoploss of 23.66 and if the stock hits stoploss, then it can shoot up till 24.48
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||22.45|
|Downside Intraday Target||21.4|
|Upside Intraday Target||24.75|
|Upside Intraday Target||26|
|Upside Intraday Target||23.7|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|11 Wed May 2022||23.50||23.80||24.95||22.65||1.366 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 up 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|
|11 Wed May 2022||23.50||22.80||24.95||21.70||0.216 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||28, 35, 10||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 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 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.
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 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 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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 23.03 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.