(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 2022-08-03 View latest technical analysis
10 day averaged volume of Shremetal is 967
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||25.50||26.30||27.50||25.50||1.242 times|
|02 Tue Aug 2022||26.30||26.10||26.30||26.10||0.62 times|
|01 Mon Aug 2022||26.20||28.90||28.90||26.20||2.099 times|
|29 Fri Jul 2022||27.55||30.45||30.45||27.55||0.543 times|
|28 Thu Jul 2022||29.00||29.00||29.15||28.00||1.334 times|
|27 Wed Jul 2022||27.80||28.00||28.00||27.80||0.636 times|
|26 Tue Jul 2022||26.80||28.00||28.00||26.80||0.517 times|
|25 Mon Jul 2022||26.80||27.00||27.00||26.80||0.155 times|
|22 Fri Jul 2022||26.40||26.40||26.40||26.40||0.052 times|
|21 Thu Jul 2022||27.20||26.40||27.65||26.40||1.719 times|
My analysis of stock is bearish for shortterm, and stock might move down till 24.2 or till 22.3. Use a stoploss of 25.8 and if the stock hits stoploss, then it can shoot up till 27.4
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||24.37|
|Downside Intraday Target||23.23|
|Upside Intraday Target||27.77|
|Upside Intraday Target||30.03|
|Upside Intraday Target||26.63|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Wed Aug 2022||25.50||28.90||28.90||25.50||1.244 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|
|03 Wed Aug 2022||25.50||28.90||28.90||25.50||0.266 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||41, 14, 51||Buy|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
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 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 26.96 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.