(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 2022-11-16 View latest technical analysis
10 day averaged volume of Shremetal is 839
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 30.50 | 33.60 | 33.60 | 30.50 | 0.66 times |
| 15 Tue Nov 2022 | 32.10 | 29.20 | 32.10 | 29.20 | 0.211 times |
| 14 Mon Nov 2022 | 30.65 | 30.75 | 33.80 | 30.65 | 1.292 times |
| 11 Fri Nov 2022 | 32.25 | 32.50 | 35.50 | 32.25 | 1.574 times |
| 10 Thu Nov 2022 | 33.90 | 37.30 | 37.30 | 33.90 | 0.838 times |
| 09 Wed Nov 2022 | 35.60 | 36.65 | 37.40 | 35.60 | 0.399 times |
| 07 Mon Nov 2022 | 37.40 | 36.95 | 37.40 | 35.15 | 2.919 times |
| 04 Fri Nov 2022 | 36.95 | 37.35 | 37.35 | 34.00 | 2.468 times |
| 03 Thu Nov 2022 | 35.65 | 32.30 | 35.65 | 32.30 | 0.092 times |
| 02 Wed Nov 2022 | 34.00 | 34.40 | 34.40 | 34.00 | 0.079 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 30.1 as stoploss in an intra day buy trade for a target of 32.53. However, stock will show a bearish move below 30.1.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 23.05 |
| Downside Target | 24.70 |
| Downside Target | 25.30 |
| Downside Target | 27.85 |
| Downside Target | 29.05 |
| Downside Target | 29.85 |
| Upside Target | 31.40 |
| Upside Target | 33.00 |
| Upside Target | 33.30 |
| Upside Target | 33.80 |
| Upside Target | 37.35 |
| Upside Target | 37.40 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 28.53 |
| Downside Intraday Target | 26.57 |
| Upside Intraday Target | 33.13 |
| Upside Intraday Target | 35.77 |
| Upside Intraday Target | 31.17 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Wed Nov 2022 | 30.50 | 30.75 | 33.80 | 29.20 | 0.377 times |
| 11 Fri Nov 2022 | 32.25 | 36.95 | 37.40 | 32.25 | 1.47 times |
| 04 Fri Nov 2022 | 36.95 | 33.30 | 37.35 | 31.40 | 2.385 times |
| 28 Fri Oct 2022 | 33.00 | 31.45 | 33.00 | 29.95 | 0.372 times |
| 21 Fri Oct 2022 | 30.00 | 29.15 | 30.00 | 29.05 | 0.47 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 Wed Nov 2022 | 30.50 | 32.90 | 37.40 | 29.20 | 0.426 times |
| 31 Mon Oct 2022 | 31.40 | 30.50 | 33.30 | 27.85 | 0.514 times |
| 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 |
Scroll below to view daily charts
Price has moved down 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 | 18, 26, 16 | Sell |
| MACD | 2, 2 | Sell |
| Stochastics | 17 | Sell |
| CCI | -99 | Buy |
| RSI | 48 | Sell |
| OBV | 3434 | Sell |
| VWAP | 35 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term and selling is picking up 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 34.77 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock has given negative 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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