(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 2023-01-19 View latest technical analysis
10 day averaged volume of Shremetal is 693
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 34.00 | 34.00 | 34.00 | 34.00 | 0.045 times |
| 17 Tue Jan 2023 | 32.40 | 32.40 | 32.40 | 32.40 | 0.036 times |
| 16 Mon Jan 2023 | 33.95 | 36.70 | 36.70 | 33.50 | 7.32 times |
| 13 Fri Jan 2023 | 35.00 | 37.90 | 37.90 | 35.00 | 0.452 times |
| 12 Thu Jan 2023 | 36.30 | 36.35 | 36.35 | 36.30 | 0.055 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 | 0.722 times |
| 09 Mon Jan 2023 | 33.10 | 34.70 | 34.70 | 33.10 | 0.062 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 | 0.062 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 34.7 as stoploss in an intra day sell trade for a target of 32.13. However, stock will show a bullish move above 34.7.
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 |
| Downside 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 | 32.03 |
| Downside Intraday Target | 30.07 |
| Upside Intraday Target | 36.33 |
| Upside Intraday Target | 38.67 |
| Upside Intraday Target | 34.37 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu Jan 2023 | 34.00 | 36.70 | 36.70 | 32.40 | 5.705 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 |
| 19 Thu Jan 2023 | 34.00 | 29.05 | 37.90 | 29.05 | 0.838 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 | 31, 25, 11 | Buy |
| MACD | 2, 2 | Buy |
| Stochastics | 34 | None |
| CCI | -12 | Buy |
| RSI | 52 | Buy |
| OBV | -5587 | Sell |
| VWAP | 34 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
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 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 short to mid term time period is
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 BUY. Signal strength is Weak and stock is gaining 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 33.93 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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