(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 2022-12-02 View latest technical analysis
10 day averaged volume of Shremetal is 438
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||29.50||30.90||30.90||29.50||0.354 times|
|01 Thu Dec 2022||29.50||29.65||29.65||28.30||2.916 times|
|30 Wed Nov 2022||28.30||28.30||28.30||28.30||0.228 times|
|29 Tue Nov 2022||27.00||27.00||27.80||27.00||1.187 times|
|28 Mon Nov 2022||26.50||26.50||29.00||26.50||0.082 times|
|25 Fri Nov 2022||27.80||27.80||27.80||27.80||0.212 times|
|24 Thu Nov 2022||27.80||27.80||27.80||27.80||0.142 times|
|23 Wed Nov 2022||27.80||27.90||27.90||27.80||0.58 times|
|22 Tue Nov 2022||26.65||29.35||29.35||26.65||2.406 times|
|21 Mon Nov 2022||28.00||28.05||28.05||28.00||0.845 times|
My analysis of stock is bearish for shortterm, and stock might move down till 27 or till 23. Use a stoploss of 30.26 and if the stock hits stoploss, then it can shoot up till 33.56
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||27.03|
|Downside Intraday Target||24.57|
|Upside Intraday Target||31.43|
|Upside Intraday Target||33.37|
|Downside Intraday Target||28.97|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Fri Dec 2022||29.50||26.50||30.90||26.50||1.139 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 up 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|
|02 Fri Dec 2022||29.50||29.65||30.90||28.30||0.11 times|
|30 Wed Nov 2022||28.30||32.90||37.40||26.50||0.617 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|
Scroll below to view daily charts
Price has moved up 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||25, 25, 0||Sell|
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Weak and stock is losing momentum.
MACD generated a BUY signal for Shremetal in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing 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 28.03 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Shremetal (Shremetal) stock. Volume based technical analysis of Shremetal (Shremetal) stock is negative.
Shremetal Stock is giving positive 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.