(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 2023-01-27 View latest technical analysis
10 day averaged volume of Shremetal is 624
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 30.90 | 30.80 | 33.90 | 30.80 | 0.558 times |
| 25 Wed Jan 2023 | 32.35 | 32.35 | 32.35 | 32.35 | 0.048 times |
| 23 Mon Jan 2023 | 30.85 | 30.85 | 30.85 | 30.85 | 0.006 times |
| 20 Fri Jan 2023 | 32.40 | 35.70 | 35.70 | 32.35 | 0.353 times |
| 19 Thu Jan 2023 | 34.00 | 34.00 | 34.00 | 34.00 | 0.05 times |
| 17 Tue Jan 2023 | 32.40 | 32.40 | 32.40 | 32.40 | 0.04 times |
| 16 Mon Jan 2023 | 33.95 | 36.70 | 36.70 | 33.50 | 8.13 times |
| 13 Fri Jan 2023 | 35.00 | 37.90 | 37.90 | 35.00 | 0.502 times |
| 12 Thu Jan 2023 | 36.30 | 36.35 | 36.35 | 36.30 | 0.061 times |
| 11 Wed Jan 2023 | 34.70 | 31.45 | 34.70 | 31.45 | 0.008 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.3, but if it comes above 31.3, then a intra day buy could be more profitable.
If you take a sell trade below 31.3, then use 31.3 as stoploss and 29.4 as target. However if you take a buy trade in stock , then use 31.3 as stoploss and 32.87 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 | 29.85 |
| Downside Target | 30.80 |
| Upside Target | 31.45 |
| Upside Target | 33.30 |
| Upside Target | 33.90 |
| 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 | 29.83 |
| Downside Intraday Target | 28.77 |
| Upside Intraday Target | 32.93 |
| Upside Intraday Target | 34.97 |
| Upside Intraday Target | 31.87 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 30.90 | 30.85 | 33.90 | 30.80 | 0.071 times |
| 20 Fri Jan 2023 | 32.40 | 36.70 | 36.70 | 32.35 | 5.95 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 |
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 |
| 27 Fri Jan 2023 | 30.90 | 29.05 | 37.90 | 29.05 | 0.908 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, 29, 5 | Buy |
| MACD | 1, 2 | Sell |
| Stochastics | 8 | Sell |
| CCI | -82 | Sell |
| RSI | 51 | Buy |
| OBV | -5882 | Sell |
| VWAP | 34 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 negative zone. This is the SELL 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 33.77 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 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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