(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)
Intraday share price targets for Shremetal (Shremetal)
|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|
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.