(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 2022-11-29 View latest technical analysis
10 day averaged volume of Shremetal is 413
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 27.00 | 27.00 | 27.80 | 27.00 | 1.259 times |
| 28 Mon Nov 2022 | 26.50 | 26.50 | 29.00 | 26.50 | 0.087 times |
| 25 Fri Nov 2022 | 27.80 | 27.80 | 27.80 | 27.80 | 0.225 times |
| 24 Thu Nov 2022 | 27.80 | 27.80 | 27.80 | 27.80 | 0.15 times |
| 23 Wed Nov 2022 | 27.80 | 27.90 | 27.90 | 27.80 | 0.615 times |
| 22 Tue Nov 2022 | 26.65 | 29.35 | 29.35 | 26.65 | 2.552 times |
| 21 Mon Nov 2022 | 28.00 | 28.05 | 28.05 | 28.00 | 0.896 times |
| 18 Fri Nov 2022 | 28.05 | 30.40 | 30.40 | 27.60 | 1.492 times |
| 17 Thu Nov 2022 | 29.00 | 29.05 | 31.90 | 29.00 | 2.215 times |
| 16 Wed Nov 2022 | 30.50 | 33.60 | 33.60 | 30.50 | 1.341 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.5, but if it comes above 27.5, then a intra day buy could be more profitable.
If you take a sell trade below 27.5, then use 27.5 as stoploss and 23.2 as target. However if you take a buy trade in stock , then use 27.5 as stoploss and 31.02 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 | 26.50 |
| Upside Target | 27.60 |
| Upside Target | 29.00 |
| Upside Target | 30.45 |
| Upside Target | 31.40 |
| Upside Target | 32.25 |
| 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 |
| Downside Intraday Target | 25 |
| Upside Intraday Target | 28.5 |
| Upside Intraday Target | 30 |
| Upside Intraday Target | 27.5 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 27.00 | 26.50 | 29.00 | 26.50 | 0.303 times |
| 25 Fri Nov 2022 | 27.80 | 28.05 | 29.35 | 26.65 | 0.548 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 |
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 |
| 29 Tue Nov 2022 | 27.00 | 32.90 | 37.40 | 26.50 | 0.612 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 | 10, 32, 54 | Sell |
| MACD | -2, -1 | Sell |
| Stochastics | 8 | Sell |
| CCI | -73 | Sell |
| RSI | 47 | Sell |
| OBV | -2218 | Sell |
| VWAP | 28 | Sell |
| ADL | 0 | Sell |
| ROC | -16 | 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 and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be moving up
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 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 28.06 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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