(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 2022-08-11 View latest technical analysis
10 day averaged volume of Shremetal is 1215
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Aug 2022 | 28.50 | 25.90 | 28.50 | 25.90 | 0.405 times |
| 10 Wed Aug 2022 | 27.25 | 29.60 | 29.60 | 27.05 | 1.564 times |
| 08 Mon Aug 2022 | 28.20 | 27.00 | 28.35 | 26.95 | 1.309 times |
| 05 Fri Aug 2022 | 27.00 | 26.10 | 27.00 | 25.90 | 1.42 times |
| 04 Thu Aug 2022 | 26.00 | 26.70 | 26.70 | 24.70 | 0.556 times |
| 03 Wed Aug 2022 | 25.50 | 26.30 | 27.50 | 25.50 | 0.988 times |
| 02 Tue Aug 2022 | 26.30 | 26.10 | 26.30 | 26.10 | 0.494 times |
| 01 Mon Aug 2022 | 26.20 | 28.90 | 28.90 | 26.20 | 1.671 times |
| 29 Fri Jul 2022 | 27.55 | 30.45 | 30.45 | 27.55 | 0.432 times |
| 28 Thu Jul 2022 | 29.00 | 29.00 | 29.15 | 28.00 | 1.062 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 27.9, but if it comes below 27.9, then a intra day sell could be more profitable.
If you take a sell trade below 27.9, then use 27.9 as stoploss and 26.74 as target. However if you take a buy trade in stock , then use 27.9 as stoploss and 29.2 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 | 26.40 |
| Downside Target | 26.80 |
| Downside 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 | 26.4 |
| Downside Intraday Target | 24.3 |
| Upside Intraday Target | 30.1 |
| Upside Intraday Target | 31.7 |
| Downside Intraday Target | 28 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Aug 2022 | 28.50 | 27.00 | 29.60 | 25.90 | 0.639 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 |
| 11 Thu Aug 2022 | 28.50 | 28.90 | 29.60 | 24.70 | 0.708 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 | 36, 18, 35 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 57 | None |
| CCI | 28 | Sell |
| RSI | 46 | Sell |
| OBV | 11053 | Sell |
| VWAP | 27 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 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 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.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is losing 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 27.12 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.
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