(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 2022-11-17 View latest technical analysis
10 day averaged volume of Shremetal is 884
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Nov 2022 | 29.00 | 29.05 | 31.90 | 29.00 | 1.035 times |
| 16 Wed Nov 2022 | 30.50 | 33.60 | 33.60 | 30.50 | 0.627 times |
| 15 Tue Nov 2022 | 32.10 | 29.20 | 32.10 | 29.20 | 0.2 times |
| 14 Mon Nov 2022 | 30.65 | 30.75 | 33.80 | 30.65 | 1.226 times |
| 11 Fri Nov 2022 | 32.25 | 32.50 | 35.50 | 32.25 | 1.494 times |
| 10 Thu Nov 2022 | 33.90 | 37.30 | 37.30 | 33.90 | 0.795 times |
| 09 Wed Nov 2022 | 35.60 | 36.65 | 37.40 | 35.60 | 0.379 times |
| 07 Mon Nov 2022 | 37.40 | 36.95 | 37.40 | 35.15 | 2.77 times |
| 04 Fri Nov 2022 | 36.95 | 37.35 | 37.35 | 34.00 | 2.343 times |
| 03 Thu Nov 2022 | 35.65 | 32.30 | 35.65 | 32.30 | 0.087 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 30.1, but if it comes above 30.1, then a intra day buy could be more profitable.
If you take a sell trade below 30.1, then use 30.1 as stoploss and 27.2 as target. However if you take a buy trade in stock , then use 30.1 as stoploss and 32.53 as target.
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 | 29.00 |
| Upside 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 | 27.4 |
| Downside Intraday Target | 25.8 |
| Upside Intraday Target | 32.2 |
| Upside Intraday Target | 35.4 |
| Upside Intraday Target | 30.6 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Nov 2022 | 29.00 | 30.75 | 33.80 | 29.00 | 0.568 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 |
| 17 Thu Nov 2022 | 29.00 | 32.90 | 37.40 | 29.00 | 0.469 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 | 16, 29, 27 | Sell |
| MACD | 1, 2 | Sell |
| Stochastics | 17 | Sell |
| CCI | -117 | Sell |
| RSI | 47 | Sell |
| OBV | 986 | Sell |
| VWAP | 34 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 SELL signal for Shremetal in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 34.23 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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