Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-01-09 View latest technical analysis

10 day averaged volume of Shremetal is 353

Date Daily Closing Price Open High Low Volume
09 Mon Jan 2023 33.10 34.70 34.70 33.10 0.122 times
06 Fri Jan 2023 34.80 34.85 34.85 34.80 0.045 times
05 Thu Jan 2023 33.25 33.30 33.30 33.25 0.122 times
04 Wed Jan 2023 31.80 33.35 33.35 31.70 2.465 times
03 Tue Jan 2023 33.35 30.40 33.35 30.40 0.598 times
02 Mon Jan 2023 31.90 29.05 31.95 29.05 0.309 times
30 Fri Dec 2022 30.50 30.50 30.50 30.50 1.915 times
29 Thu Dec 2022 32.05 32.05 32.05 29.50 1.459 times
28 Wed Dec 2022 30.60 30.60 30.60 28.00 1.391 times
27 Tue Dec 2022 29.20 26.60 29.20 26.60 0.569 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32.5, but if it comes below 32.5, then a intra day sell could be more profitable.
If you take a sell trade below 32.5, then use 32.5 as stoploss and 30.25 as target. However if you take a buy trade in stock , then use 32.5 as stoploss and 35.1 as target.

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
Downside Target 33.10
Upside Target 33.30
Upside Target 34.70
Upside Target 34.85
Upside Target 37.40

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 32.57
Downside Intraday Target 32.03
Upside Intraday Target 34.17
Upside Intraday Target 35.23
Upside Intraday Target 33.63

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
09 Mon Jan 2023 33.10 34.70 34.70 33.10 0.034 times
06 Fri Jan 2023 34.80 29.05 34.85 29.05 0.548 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

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
09 Mon Jan 2023 33.10 29.05 34.85 29.05 0.149 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 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 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 Weak and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 31.37 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 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 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 Weak and stock is losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 31.37 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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme