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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 2022-09-16 View latest technical analysis

10 day averaged volume of Shremetal is 2191

Date Daily Closing Price Open High Low Volume
16 Fri Sep 2022 26.90 26.30 27.70 26.30 0.761 times
15 Thu Sep 2022 27.10 27.00 27.10 25.30 1.423 times
14 Wed Sep 2022 26.10 26.70 28.00 25.50 1.307 times
13 Tue Sep 2022 26.70 26.25 28.30 26.25 0.321 times
12 Mon Sep 2022 27.50 27.50 27.50 27.30 1.004 times
09 Fri Sep 2022 27.50 27.50 27.50 27.50 0.73 times
08 Thu Sep 2022 28.00 27.75 28.00 27.75 1.11 times
07 Wed Sep 2022 27.50 26.95 27.50 26.40 0.955 times
06 Tue Sep 2022 26.95 26.50 26.95 26.45 0.973 times
05 Mon Sep 2022 26.05 26.00 26.05 26.00 0.791 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.7 or till 28.8. Use a stoploss of 26.86 and if this stock hits its stoploss, then it can fall down till 25.97

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 22.65
Downside Target 24.70
Upside Target 27.75
Upside Target 28.00
Upside Target 28.05
Upside Target 28.30
Upside Target 29.40
Upside Target 30.45
Upside Target 31.70

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 25.37
Downside Intraday Target 23.83
Upside Intraday Target 28.37
Upside Intraday Target 29.83
Downside Intraday Target 26.83

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
16 Fri Sep 2022 26.90 27.50 28.30 25.30 1.056 times
09 Fri Sep 2022 27.50 26.00 28.00 26.00 1.654 times
02 Fri Sep 2022 26.25 26.65 28.05 25.60 0.98 times
26 Fri Aug 2022 26.95 29.40 29.40 25.00 1.321 times
19 Fri Aug 2022 28.00 29.75 31.70 27.75 0.946 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
16 Fri Sep 2022 26.90 27.05 28.30 25.30 1.025 times
29 Mon Aug 2022 25.80 28.90 31.70 24.70 1.662 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

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 17, 25, 18 Sell
MACD 0, 0Sell
Stochastics 45None
CCI -3Buy
RSI 54Buy
OBV -5623Sell
VWAP 27Sell
ADL 0Sell
ROC 2Buy
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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.

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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 27.05 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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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Daily charts

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Daily chart

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