(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 2022-09-30 View latest technical analysis
10 day averaged volume of Shremetal is 1644
|Date||Daily Closing Price||Open||High||Low||Volume|
|30 Fri Sep 2022||29.10||29.00||29.10||28.90||0.931 times|
|29 Thu Sep 2022||28.70||27.50||28.70||27.50||0.913 times|
|28 Wed Sep 2022||27.50||27.80||27.80||27.50||1.002 times|
|27 Tue Sep 2022||27.00||28.80||28.80||27.00||0.244 times|
|26 Mon Sep 2022||27.50||27.45||27.50||27.00||0.937 times|
|23 Fri Sep 2022||27.55||27.50||28.50||27.50||1.095 times|
|22 Thu Sep 2022||28.35||29.50||29.50||28.00||1.369 times|
|21 Wed Sep 2022||29.25||29.85||29.85||27.15||0.645 times|
|20 Tue Sep 2022||28.50||28.25||28.50||28.25||1.691 times|
|19 Mon Sep 2022||27.50||27.65||27.65||25.90||1.092 times|
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 29.4, for a target of 28.4 or 27.56
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||27.7|
|Downside Intraday Target||26.3|
|Upside Intraday Target||29.8|
|Upside Intraday Target||30.5|
|Downside Intraday Target||28.4|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|30 Fri Sep 2022||29.10||27.45||29.10||27.00||0.683 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|
|30 Fri Sep 2022||29.10||27.05||29.85||25.30||1.705 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||32, 16, 34||Buy|
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 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 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 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 but buying is losing 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 28.16 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.