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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 2022-08-08 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)

Target Type Value
Downside Target 22.35
Downside Target 24.70
Downside Target 25.25
Downside Target 25.90
Downside Target 26.80
Downside Target 26.95
Downside Target 27.65
Upside Target 28.35
Upside Target 28.90
Upside Target 30.45

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
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
MACD 1, 1Buy
Stochastics 41None
CCI 51Buy
RSI 45Sell
OBV 11586Sell
VWAP 27Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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

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

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Daily charts

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Daily chart

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