(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 2022-11-23 View latest technical analysis
10 day averaged volume of Shremetal is 713
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 27.80 | 27.90 | 27.90 | 27.80 | 0.356 times |
| 22 Tue Nov 2022 | 26.65 | 29.35 | 29.35 | 26.65 | 1.478 times |
| 21 Mon Nov 2022 | 28.00 | 28.05 | 28.05 | 28.00 | 0.519 times |
| 18 Fri Nov 2022 | 28.05 | 30.40 | 30.40 | 27.60 | 0.864 times |
| 17 Thu Nov 2022 | 29.00 | 29.05 | 31.90 | 29.00 | 1.283 times |
| 16 Wed Nov 2022 | 30.50 | 33.60 | 33.60 | 30.50 | 0.777 times |
| 15 Tue Nov 2022 | 32.10 | 29.20 | 32.10 | 29.20 | 0.248 times |
| 14 Mon Nov 2022 | 30.65 | 30.75 | 33.80 | 30.65 | 1.52 times |
| 11 Fri Nov 2022 | 32.25 | 32.50 | 35.50 | 32.25 | 1.853 times |
| 10 Thu Nov 2022 | 33.90 | 37.30 | 37.30 | 33.90 | 0.986 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, but if it comes above 29, then a intra day buy could be more profitable.
If you take a sell trade below 29, then use 29 as stoploss and 25.4 as target. However if you take a buy trade in stock , then use 29 as stoploss and 32.06 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 | 26.65 |
| Downside Target | 27.60 |
| Upside Target | 29.35 |
| 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 | 26.52 |
| Downside Intraday Target | 25.23 |
| Upside Intraday Target | 29.22 |
| Upside Intraday Target | 30.63 |
| Upside Intraday Target | 27.93 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Wed Nov 2022 | 27.80 | 28.05 | 29.35 | 26.65 | 0.501 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 |
| 23 Wed Nov 2022 | 27.80 | 32.90 | 37.40 | 26.65 | 0.579 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 | 12, 31, 45 | Sell |
| MACD | -1, 0 | Sell |
| Stochastics | 5 | Sell |
| CCI | -85 | Buy |
| RSI | 49 | Sell |
| OBV | -2353 | Sell |
| VWAP | 30 | Sell |
| ADL | 0 | Sell |
| ROC | -22 | 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 losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
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 but selling is losing momentum.
MRSI is in negative zone. This is the SELL 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 30.02 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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