(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 2022-09-29 View latest technical analysis
10 day averaged volume of Shremetal is 1806
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||28.70||27.50||28.70||27.50||0.831 times|
|28 Wed Sep 2022||27.50||27.80||27.80||27.50||0.912 times|
|27 Tue Sep 2022||27.00||28.80||28.80||27.00||0.222 times|
|26 Mon Sep 2022||27.50||27.45||27.50||27.00||0.853 times|
|23 Fri Sep 2022||27.55||27.50||28.50||27.50||0.997 times|
|22 Thu Sep 2022||28.35||29.50||29.50||28.00||1.246 times|
|21 Wed Sep 2022||29.25||29.85||29.85||27.15||0.587 times|
|20 Tue Sep 2022||28.50||28.25||28.50||28.25||1.539 times|
|19 Mon Sep 2022||27.50||27.65||27.65||25.90||0.994 times|
|16 Fri Sep 2022||26.90||26.30||27.70||26.30||0.923 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 28.2, but if it comes below 28.2, then a intra day sell could be more profitable.
If you take a sell trade below 28.2, then use 28.2 as stoploss and 27.42 as target. However if you take a buy trade in stock , then use 28.2 as stoploss and 29.2 as target.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||27.53|
|Downside Intraday Target||26.37|
|Upside Intraday Target||29.33|
|Upside Intraday Target||29.97|
|Downside Intraday Target||28.17|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Thu Sep 2022||28.70||27.45||28.80||27.00||0.525 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 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|
|29 Thu Sep 2022||28.70||27.05||29.85||25.30||1.641 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||30, 16, 30||Buy|
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 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 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 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. Bulls are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining 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 27.94 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.