(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 2022-11-21 View latest technical analysis
10 day averaged volume of Shremetal is 1023
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 28.00 | 28.05 | 28.05 | 28.00 | 0.362 times |
| 18 Fri Nov 2022 | 28.05 | 30.40 | 30.40 | 27.60 | 0.602 times |
| 17 Thu Nov 2022 | 29.00 | 29.05 | 31.90 | 29.00 | 0.894 times |
| 16 Wed Nov 2022 | 30.50 | 33.60 | 33.60 | 30.50 | 0.542 times |
| 15 Tue Nov 2022 | 32.10 | 29.20 | 32.10 | 29.20 | 0.173 times |
| 14 Mon Nov 2022 | 30.65 | 30.75 | 33.80 | 30.65 | 1.06 times |
| 11 Fri Nov 2022 | 32.25 | 32.50 | 35.50 | 32.25 | 1.291 times |
| 10 Thu Nov 2022 | 33.90 | 37.30 | 37.30 | 33.90 | 0.687 times |
| 09 Wed Nov 2022 | 35.60 | 36.65 | 37.40 | 35.60 | 0.327 times |
| 07 Mon Nov 2022 | 37.40 | 36.95 | 37.40 | 35.15 | 2.394 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.8, but if it comes above 29.8, then a intra day buy could be more profitable.
If you take a sell trade below 29.8, then use 29.8 as stoploss and 26.7 as target. However if you take a buy trade in stock , then use 29.8 as stoploss and 32.41 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 | 27.60 |
| Upside Target | 29.85 |
| Upside Target | 31.40 |
| Upside Target | 32.25 |
| 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 | 27.98 |
| Downside Intraday Target | 27.97 |
| Upside Intraday Target | 28.03 |
| Upside Intraday Target | 28.07 |
| Upside Intraday Target | 28.02 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 28.00 | 28.05 | 28.05 | 28.00 | 0.111 times |
| 18 Fri Nov 2022 | 28.05 | 30.75 | 33.80 | 27.60 | 0.696 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 |
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 |
| 21 Mon Nov 2022 | 28.00 | 32.90 | 37.40 | 27.60 | 0.516 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 | 14, 31, 37 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 3 | Sell |
| CCI | -114 | Sell |
| RSI | 50 | Sell |
| OBV | 186 | Sell |
| VWAP | 33 | Sell |
| ADL | 0 | Sell |
| ROC | -24 | 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 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 SELL signal for Shremetal in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 32.84 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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