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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 2022-08-02 View latest technical analysis

10 day averaged volume of Shremetal is 1157

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 26.30 26.10 26.30 26.10 0.519 times
01 Mon Aug 2022 26.20 28.90 28.90 26.20 1.755 times
29 Fri Jul 2022 27.55 30.45 30.45 27.55 0.454 times
28 Thu Jul 2022 29.00 29.00 29.15 28.00 1.115 times
27 Wed Jul 2022 27.80 28.00 28.00 27.80 0.532 times
26 Tue Jul 2022 26.80 28.00 28.00 26.80 0.432 times
25 Mon Jul 2022 26.80 27.00 27.00 26.80 0.13 times
22 Fri Jul 2022 26.40 26.40 26.40 26.40 0.043 times
21 Thu Jul 2022 27.20 26.40 27.65 26.40 1.436 times
20 Wed Jul 2022 27.05 25.90 27.65 25.90 1.945 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.4 or till 29.3. Use a stoploss of 25.73 and if this stock hits its stoploss, then it can fall down till 24.09

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 24.3
Upside Intraday Target 28.1
Upside Intraday Target 29.9
Upside Intraday Target 27.1

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 26.30 28.90 28.90 26.10 0.854 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
02 Tue Aug 2022 26.30 28.90 28.90 26.10 0.182 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, 16, 41 Buy
MACD 1, 1Buy
Stochastics 20Sell
CCI -108Sell
RSI 42Sell
OBV 8997Sell
VWAP 27Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shremetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.17 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 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

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Daily chart

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