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(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)

10 day averaged volume of Shremetal is 625

Date Daily Closing Price Open High Low Volume
25 Wed Jan 2023 32.35 32.35 32.35 32.35 0.048 times
23 Mon Jan 2023 30.85 30.85 30.85 30.85 0.006 times
20 Fri Jan 2023 32.40 35.70 35.70 32.35 0.352 times
19 Thu Jan 2023 34.00 34.00 34.00 34.00 0.05 times
17 Tue Jan 2023 32.40 32.40 32.40 32.40 0.04 times
16 Mon Jan 2023 33.95 36.70 36.70 33.50 8.117 times
13 Fri Jan 2023 35.00 37.90 37.90 35.00 0.501 times
12 Thu Jan 2023 36.30 36.35 36.35 36.30 0.061 times
11 Wed Jan 2023 34.70 31.45 34.70 31.45 0.008 times
10 Tue Jan 2023 33.10 33.10 33.10 33.10 0.8 times

My analysis of stock is bearish for shortterm, and stock might move down till 31.1 or till 29. Use a stoploss of 32.78 and if the stock hits stoploss, then it can shoot up till 34.48

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 25.30
Downside Target 26.50
Downside Target 27.85
Downside Target 29.05
Downside Target 29.85
Downside Target 30.85
Downside Target 32.35
Upside Target 33.30
Upside Target 34.85
Upside Target 36.70
Upside Target 37.40
Upside Target 37.90

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 31.35
Downside Intraday Target 30.35
Upside Intraday Target 32.85
Upside Intraday Target 33.35
Downside Intraday Target 31.85

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
25 Wed Jan 2023 32.35 30.85 32.35 30.85 0.006 times
20 Fri Jan 2023 32.40 36.70 36.70 32.35 5.95 times
13 Fri Jan 2023 35.00 34.70 37.90 31.45 0.72 times
06 Fri Jan 2023 34.80 29.05 34.85 29.05 0.548 times
30 Fri Dec 2022 30.50 27.90 32.05 25.40 3.164 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
25 Wed Jan 2023 32.35 29.05 37.90 29.05 0.867 times
30 Fri Dec 2022 30.50 29.65 32.25 25.40 0.67 times
30 Wed Nov 2022 28.30 32.90 37.40 26.50 0.617 times
31 Mon Oct 2022 31.40 30.50 33.30 27.85 0.514 times

Scroll below to view daily charts

Price has moved up 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 37, 25, 19 Buy
MACD 1, 2Sell
Stochastics 12Sell
CCI -71Buy
RSI 51Buy
OBV -5136Sell
VWAP 34Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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

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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 33.88 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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