(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 2022-08-08 View latest technical analysis
10 day averaged volume of Shremetal is 931
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||28.20||27.00||28.35||26.95||1.708 times|
|05 Fri Aug 2022||27.00||26.10||27.00||25.90||1.853 times|
|04 Thu Aug 2022||26.00||26.70||26.70||24.70||0.725 times|
|03 Wed Aug 2022||25.50||26.30||27.50||25.50||1.29 times|
|02 Tue Aug 2022||26.30||26.10||26.30||26.10||0.644 times|
|01 Mon Aug 2022||26.20||28.90||28.90||26.20||2.18 times|
|29 Fri Jul 2022||27.55||30.45||30.45||27.55||0.564 times|
|28 Thu Jul 2022||29.00||29.00||29.15||28.00||1.386 times|
|27 Wed Jul 2022||27.80||28.00||28.00||27.80||0.661 times|
|26 Tue Jul 2022||26.80||28.00||28.00||26.80||0.537 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.7, but if it comes below 27.7, then a intra day sell could be more profitable.
If you take a sell trade below 27.7, then use 27.7 as stoploss and 26.31 as target. However if you take a buy trade in stock , then use 27.7 as stoploss and 29.4 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||27.32|
|Downside Intraday Target||26.43|
|Upside Intraday Target||28.72|
|Upside Intraday Target||29.23|
|Downside Intraday Target||27.83|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||28.20||27.00||28.35||26.95||0.255 times|
|05 Fri Aug 2022||27.00||28.90||28.90||24.70||2.023 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|
Price has moved up 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|
|08 Mon Aug 2022||28.20||28.90||28.90||24.70||0.542 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 up 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||42, 15, 48||Buy|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY 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
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 above this level. This is a good sign for the stock and it could move higher. 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