(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 2022-12-08 View latest technical analysis
10 day averaged volume of Shremetal is 310
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Thu Dec 2022||27.95||28.00||28.00||27.95||1.997 times|
|07 Wed Dec 2022||29.35||32.25||32.25||29.35||0.097 times|
|06 Tue Dec 2022||30.80||30.80||30.80||30.80||1.048 times|
|05 Mon Dec 2022||30.90||30.90||30.90||30.90||1.629 times|
|02 Fri Dec 2022||29.50||30.90||30.90||29.50||0.5 times|
|01 Thu Dec 2022||29.50||29.65||29.65||28.30||4.119 times|
|30 Wed Nov 2022||28.30||28.30||28.30||28.30||0.323 times|
|29 Tue Nov 2022||27.00||27.00||27.80||27.00||1.677 times|
|28 Mon Nov 2022||26.50||26.50||29.00||26.50||0.116 times|
|25 Fri Nov 2022||27.80||27.80||27.80||27.80||0.3 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 27.3 as stoploss in an intra day buy trade for a target of 29.02. However, stock will show a bearish move below 27.3.
Share price targets for Shremetal (Shremetal)
Intraday share price targets for Shremetal (Shremetal)
|Downside Intraday Target||26.52|
|Downside Intraday Target||25.08|
|Upside Intraday Target||30.82|
|Upside Intraday Target||33.68|
|Upside Intraday Target||29.38|
Weekly technical analysis of Shremetal (Shremetal)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Thu Dec 2022||27.95||30.90||32.25||27.95||0.708 times|
|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|
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|
|08 Thu Dec 2022||27.95||29.65||32.25||27.95||0.225 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 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||17, 26, 22||Sell|
Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid term time period is
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 BUY signal for Shremetal in short term but the buy signal is initial and weak.
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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red 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 29.08 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 is giving positive 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.