(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 2022-05-16 View latest technical analysis
10 day averaged volume of Shremetal is 418
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 0.074 times |
| 13 Fri May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 0.002 times |
| 11 Wed May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 1.435 times |
| 10 Tue May 2022 | 22.65 | 24.30 | 24.95 | 22.65 | 1.969 times |
| 09 Mon May 2022 | 23.80 | 23.80 | 23.80 | 23.80 | 0.478 times |
| 06 Fri May 2022 | 22.70 | 22.75 | 22.75 | 22.70 | 0.263 times |
| 05 Thu May 2022 | 21.70 | 21.75 | 21.75 | 21.70 | 2.397 times |
| 04 Wed May 2022 | 22.80 | 22.80 | 22.80 | 22.80 | 0.182 times |
| 29 Fri Apr 2022 | 24.00 | 25.00 | 25.00 | 24.00 | 1.914 times |
| 27 Wed Apr 2022 | 23.85 | 23.50 | 23.85 | 22.75 | 0.998 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 23.57 and if the stock hits stoploss, then it can shoot up till 24.32
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 20.75 |
| Downside Target | 21.70 |
| Downside Target | 22.35 |
| Downside Target | 23.50 |
| Upside Target | 24.55 |
| Upside Target | 24.95 |
| Upside Target | 25.00 |
| 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 | 23.5 |
| Downside Intraday Target | 23.5 |
| Downside Intraday Target | 23.5 |
| Downside Intraday Target | 23.5 |
| Downside Intraday Target | 23.5 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 23.50 | 23.50 | 23.50 | 23.50 | 0.019 times |
| 13 Fri May 2022 | 23.50 | 23.80 | 24.95 | 22.65 | 1.367 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 |
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 |
| 16 Mon May 2022 | 23.50 | 22.80 | 24.95 | 21.70 | 0.218 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 | 29, 35, 9 | Sell |
| MACD | -1, -1 | Buy |
| Stochastics | 55 | None |
| CCI | 29 | Sell |
| RSI | 45 | Sell |
| OBV | 591 | Sell |
| VWAP | 23 | Buy |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.
Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.
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 BUY signal for Shremetal in short term but the buy signal is initial and weak.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shremetal in short term
RSI is generating a SELL signal in short term but selling is losing 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 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.
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