Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 22.35
Downside Target 23.75
Downside Target 24.25
Downside Target 25.25
Upside Target 26.25
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 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
MACD 1, 1Sell
Stochastics 5Sell
CCI -101Sell
RSI 42Sell
OBV 7796Sell
VWAP 27Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme