(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 2023-01-17 View latest technical analysis
10 day averaged volume of Shremetal is 711
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 32.40 | 32.40 | 32.40 | 32.40 | 0.035 times |
| 16 Mon Jan 2023 | 33.95 | 36.70 | 36.70 | 33.50 | 7.135 times |
| 13 Fri Jan 2023 | 35.00 | 37.90 | 37.90 | 35.00 | 0.44 times |
| 12 Thu Jan 2023 | 36.30 | 36.35 | 36.35 | 36.30 | 0.053 times |
| 11 Wed Jan 2023 | 34.70 | 31.45 | 34.70 | 31.45 | 0.007 times |
| 10 Tue Jan 2023 | 33.10 | 33.10 | 33.10 | 33.10 | 0.703 times |
| 09 Mon Jan 2023 | 33.10 | 34.70 | 34.70 | 33.10 | 0.06 times |
| 06 Fri Jan 2023 | 34.80 | 34.85 | 34.85 | 34.80 | 0.023 times |
| 05 Thu Jan 2023 | 33.25 | 33.30 | 33.30 | 33.25 | 0.06 times |
| 04 Wed Jan 2023 | 31.80 | 33.35 | 33.35 | 31.70 | 1.224 times |
My analysis of stock is bullish for shortterm, and stock might move up till 34.5 or till 37.7. Use a stoploss of 31.83 and if this stock hits its stoploss, then it can fall down till 29.18
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 | 29.85 |
| Downside Target | 30.90 |
| Downside Target | 32.40 |
| Upside Target | 33.30 |
| Upside Target | 34.85 |
| Upside Target | 36.70 |
| Upside Target | 37.40 |
| Upside Target | 37.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 30.97 |
| Downside Intraday Target | 29.53 |
| Upside Intraday Target | 35.27 |
| Upside Intraday Target | 38.13 |
| Upside Intraday Target | 33.83 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 32.40 | 36.70 | 36.70 | 32.40 | 5.671 times |
| 13 Fri Jan 2023 | 35.00 | 34.70 | 37.90 | 31.45 | 0.72 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Tue Jan 2023 | 32.40 | 29.05 | 37.90 | 29.05 | 0.835 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 | 0.617 times |
| 31 Mon Oct 2022 | 31.40 | 30.50 | 33.30 | 27.85 | 0.514 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, 27, 4 | Sell |
| MACD | 2, 2 | Buy |
| Stochastics | 43 | None |
| CCI | -93 | Sell |
| RSI | 52 | Buy |
| OBV | -5618 | Sell |
| VWAP | 34 | Sell |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid 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 mid to longer term time period is
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 and the buy signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 33.67 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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