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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 2022-08-01 View latest technical analysis

10 day averaged volume of Shremetal is 1060

Date Daily Closing Price Open High Low Volume
01 Mon Aug 2022 26.20 28.90 28.90 26.20 1.915 times
29 Fri Jul 2022 27.55 30.45 30.45 27.55 0.495 times
28 Thu Jul 2022 29.00 29.00 29.15 28.00 1.217 times
27 Wed Jul 2022 27.80 28.00 28.00 27.80 0.58 times
26 Tue Jul 2022 26.80 28.00 28.00 26.80 0.472 times
25 Mon Jul 2022 26.80 27.00 27.00 26.80 0.142 times
22 Fri Jul 2022 26.40 26.40 26.40 26.40 0.047 times
21 Thu Jul 2022 27.20 26.40 27.65 26.40 1.568 times
20 Wed Jul 2022 27.05 25.90 27.65 25.90 2.123 times
19 Tue Jul 2022 26.45 26.25 26.45 26.00 2.358 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.3 or till 29.3. Use a stoploss of 25.59 and if this stock hits its stoploss, then it can fall down till 23.89

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.35
Downside Target 23.75
Downside Target 24.25
Downside Target 25.25
Downside Target 25.90
Upside Target 26.40
Upside Target 26.80
Upside Target 27.65
Upside Target 28.90
Upside Target 30.45

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 25.3
Downside Intraday Target 24.4
Upside Intraday Target 28
Upside Intraday Target 29.8
Upside Intraday Target 27.1

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
01 Mon Aug 2022 26.20 28.90 28.90 26.20 0.659 times
29 Fri Jul 2022 27.55 27.00 30.45 26.80 0.409 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

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
01 Mon Aug 2022 26.20 28.90 28.90 26.20 0.141 times
29 Fri Jul 2022 27.55 23.05 30.45 23.05 7.67 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

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 38, 15, 43 Buy
MACD 1, 1Buy
Stochastics 49None
CCI -20Sell
RSI 44Sell
OBV 8397Sell
VWAP 27Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 losing momentum.

MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shremetal in short term and SELL 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 27.06 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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.

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Daily charts

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Daily chart

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