(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 2022-09-27 View latest technical analysis
10 day averaged volume of Shremetal is 1958
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||27.00||28.80||28.80||27.00||0.205 times|
|26 Mon Sep 2022||27.50||27.45||27.50||27.00||0.787 times|
|23 Fri Sep 2022||27.55||27.50||28.50||27.50||0.919 times|
|22 Thu Sep 2022||28.35||29.50||29.50||28.00||1.149 times|
|21 Wed Sep 2022||29.25||29.85||29.85||27.15||0.542 times|
|20 Tue Sep 2022||28.50||28.25||28.50||28.25||1.42 times|
|19 Mon Sep 2022||27.50||27.65||27.65||25.90||0.917 times|
|16 Fri Sep 2022||26.90||26.30||27.70||26.30||0.851 times|
|15 Thu Sep 2022||27.10||27.00||27.10||25.30||1.592 times|
|14 Wed Sep 2022||26.10||26.70||28.00||25.50||1.462 times|
My analysis of stock is bearish for shortterm, and stock might move down till 26.4 or till 25.4. Use a stoploss of 27.24 and if the stock hits stoploss, then it can shoot up till 28.09
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||26.4|
|Downside Intraday Target||25.8|
|Upside Intraday Target||28.2|
|Upside Intraday Target||29.4|
|Upside Intraday Target||27.6|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Tue Sep 2022||27.00||27.45||28.80||27.00||0.2 times|
|23 Fri Sep 2022||27.55||27.65||29.85||25.90||0.918 times|
|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|
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|
|27 Tue Sep 2022||27.00||27.05||29.85||25.30||1.51 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Shremetal (Shremetal)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||27, 19, 18||Buy|
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is gaining 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 getting stronger in this stock.
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 and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 27.51 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.