(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 2022-07-25 View latest technical analysis
10 day averaged volume of Shremetal is 1115
|Date||Daily Closing Price||Open||High||Low||Volume|
|25 Mon Jul 2022||26.80||27.00||27.00||26.80||0.135 times|
|22 Fri Jul 2022||26.40||26.40||26.40||26.40||0.045 times|
|21 Thu Jul 2022||27.20||26.40||27.65||26.40||1.491 times|
|20 Wed Jul 2022||27.05||25.90||27.65||25.90||2.018 times|
|19 Tue Jul 2022||26.45||26.25||26.45||26.00||2.242 times|
|18 Mon Jul 2022||25.25||25.50||25.85||25.25||0.951 times|
|14 Thu Jul 2022||24.80||25.90||25.90||24.75||1.883 times|
|13 Wed Jul 2022||24.70||24.70||24.70||24.70||0.045 times|
|12 Tue Jul 2022||23.55||23.55||23.55||23.55||0.179 times|
|11 Mon Jul 2022||23.55||25.45||25.45||23.05||0.964 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 26, but if it comes below 26, then a intra day sell could be more profitable.
If you take a sell trade below 26, then use 26 as stoploss and 24.66 as target. However if you take a buy trade in stock , then use 26 as stoploss and 27.6 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||26.73|
|Downside Intraday Target||26.67|
|Upside Intraday Target||26.93|
|Upside Intraday Target||27.07|
|Upside Intraday Target||26.87|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|25 Mon Jul 2022||26.80||27.00||27.00||26.80||0.02 times|
|22 Fri Jul 2022||26.40||25.50||27.65||25.25||2.196 times|
|14 Thu Jul 2022||24.80||25.45||25.90||23.05||11.417 times|
|08 Fri Jul 2022||24.25||23.75||24.25||23.75||1 times|
|01 Fri Jul 2022||23.05||24.10||24.10||23.05||1.765 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|
|25 Mon Jul 2022||26.80||23.05||27.65||23.05||6.112 times|
|30 Thu Jun 2022||24.05||25.00||26.25||23.10||0.704 times|
|31 Tue May 2022||25.00||22.80||26.25||22.65||0.205 times|
|29 Fri Apr 2022||24.00||23.75||26.40||22.35||2.283 times|
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shremetal (Shremetal)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||44, 12, 56||Buy|
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green 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 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 25.92 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock is giving positive 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.