(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 2023-01-05 View latest technical analysis
10 day averaged volume of Shremetal is 396
Date | Daily Closing Price | Open | High | Low | Volume |
05 Thu Jan 2023 | 33.25 | 33.30 | 33.30 | 33.25 | 0.109 times |
04 Wed Jan 2023 | 31.80 | 33.35 | 33.35 | 31.70 | 2.197 times |
03 Tue Jan 2023 | 33.35 | 30.40 | 33.35 | 30.40 | 0.533 times |
02 Mon Jan 2023 | 31.90 | 29.05 | 31.95 | 29.05 | 0.275 times |
30 Fri Dec 2022 | 30.50 | 30.50 | 30.50 | 30.50 | 1.707 times |
29 Thu Dec 2022 | 32.05 | 32.05 | 32.05 | 29.50 | 1.301 times |
28 Wed Dec 2022 | 30.60 | 30.60 | 30.60 | 28.00 | 1.24 times |
27 Tue Dec 2022 | 29.20 | 26.60 | 29.20 | 26.60 | 0.508 times |
26 Mon Dec 2022 | 27.90 | 27.90 | 27.90 | 25.40 | 1.005 times |
23 Fri Dec 2022 | 26.65 | 29.35 | 29.35 | 26.65 | 1.025 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 33.8, for a target of 31.6 or 29.65
Share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Target | 25.30 |
Downside Target | 26.50 |
Downside Target | 27.85 |
Downside Target | 29.05 |
Downside Target | 30.90 |
Downside Target | 32.05 |
Downside Target | 32.25 |
Upside Target | 33.30 |
Upside Target | 33.35 |
Upside Target | 37.40 |
Intraday share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Intraday Target | 30.42 |
Downside Intraday Target | 27.58 |
Upside Intraday Target | 34.72 |
Upside Intraday Target | 36.18 |
Downside Intraday Target | 31.88 |
Weekly technical analysis of Shremetal (Shremetal)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Thu Jan 2023 | 33.25 | 29.05 | 33.35 | 29.05 | 0.541 times |
30 Fri Dec 2022 | 30.50 | 27.90 | 32.05 | 25.40 | 3.164 times |
23 Fri Dec 2022 | 26.65 | 29.50 | 30.90 | 26.65 | 0.396 times |
16 Fri Dec 2022 | 29.50 | 27.95 | 29.50 | 26.70 | 0.752 times |
09 Fri Dec 2022 | 27.95 | 30.90 | 32.25 | 26.65 | 1.161 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 |
05 Thu Jan 2023 | 33.25 | 29.05 | 33.35 | 29.05 | 0.142 times |
30 Fri Dec 2022 | 30.50 | 29.65 | 32.25 | 25.40 | 0.67 times |
30 Wed Nov 2022 | 28.30 | 32.90 | 37.40 | 26.50 | 0.599 times |
31 Mon Oct 2022 | 31.40 | 30.50 | 33.30 | 27.85 | 0.53 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)
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 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 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 mid to longer 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.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 30.5 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.
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 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 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 mid to longer 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.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 30.5 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.
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