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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)

Showing technical analysis as on 2022-07-27 View latest technical analysis

10 day averaged volume of Shremetal is 1052

Date Daily Closing Price Open High Low Volume
27 Wed Jul 2022 27.80 28.00 28.00 27.80 0.585 times
26 Tue Jul 2022 26.80 28.00 28.00 26.80 0.475 times
25 Mon Jul 2022 26.80 27.00 27.00 26.80 0.143 times
22 Fri Jul 2022 26.40 26.40 26.40 26.40 0.048 times
21 Thu Jul 2022 27.20 26.40 27.65 26.40 1.58 times
20 Wed Jul 2022 27.05 25.90 27.65 25.90 2.139 times
19 Tue Jul 2022 26.45 26.25 26.45 26.00 2.376 times
18 Mon Jul 2022 25.25 25.50 25.85 25.25 1.008 times
14 Thu Jul 2022 24.80 25.90 25.90 24.75 1.996 times
13 Wed Jul 2022 24.70 24.70 24.70 24.70 0.048 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 28.4, for a target of 26.5 or 24.95

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 20.75
Downside Target 22.35
Downside Target 23.75
Downside Target 25.25
Downside Target 25.90
Downside Target 26.25
Downside Target 26.40
Downside Target 26.80
Downside Target 27.65
Upside Target 28.00

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 27.07
Downside Intraday Target 26.33
Upside Intraday Target 28.27
Upside Intraday Target 28.73
Downside Intraday Target 27.53

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
27 Wed Jul 2022 27.80 27.00 28.00 26.80 0.168 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
27 Wed Jul 2022 27.80 23.05 28.00 23.05 6.705 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, 10, 63 Buy
MACD 1, 1Buy
Stochastics 83Buy
CCI 125Buy
RSI 46Sell
OBV 9562Sell
VWAP 26Buy
ADL 0Sell
ROC 18Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 stronger in this stock.

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 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 26.34 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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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