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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 2022-08-10 View latest technical analysis

10 day averaged volume of Shremetal is 1075

Date Daily Closing Price Open High Low Volume
10 Wed Aug 2022 27.25 29.60 29.60 27.05 1.767 times
08 Mon Aug 2022 28.20 27.00 28.35 26.95 1.479 times
05 Fri Aug 2022 27.00 26.10 27.00 25.90 1.605 times
04 Thu Aug 2022 26.00 26.70 26.70 24.70 0.628 times
03 Wed Aug 2022 25.50 26.30 27.50 25.50 1.117 times
02 Tue Aug 2022 26.30 26.10 26.30 26.10 0.558 times
01 Mon Aug 2022 26.20 28.90 28.90 26.20 1.888 times
29 Fri Jul 2022 27.55 30.45 30.45 27.55 0.488 times
28 Thu Jul 2022 29.00 29.00 29.15 28.00 1.2 times
27 Wed Jul 2022 27.80 28.00 28.00 27.80 0.572 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.7 as stoploss in an intra day sell trade for a target of 26.49. However, stock will show a bullish move above 27.7.

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
Upside Target 27.65
Upside Target 28.90
Upside Target 29.60
Upside Target 30.45

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 26.27
Downside Intraday Target 25.28
Upside Intraday Target 28.92
Upside Intraday Target 30.58
Upside Intraday Target 27.93

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
10 Wed Aug 2022 27.25 27.00 29.60 26.95 0.56 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
10 Wed Aug 2022 27.25 28.90 29.60 24.70 0.674 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 43, 12, 56 Buy
MACD 1, 1Buy
Stochastics 48None
CCI 51Buy
RSI 45Sell
OBV 9486Sell
VWAP 27Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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 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 to mid 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 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.

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 green color and prices are above the green cloud Prices appear to be coming down

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 27.1 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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