(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 2023-02-01 View latest technical analysis
10 day averaged volume of Shremetal is 638
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 28.55 | 28.55 | 28.55 | 28.55 | 0.039 times |
| 31 Tue Jan 2023 | 30.00 | 31.00 | 31.00 | 30.00 | 0.47 times |
| 27 Fri Jan 2023 | 30.90 | 30.80 | 33.90 | 30.80 | 0.545 times |
| 25 Wed Jan 2023 | 32.35 | 32.35 | 32.35 | 32.35 | 0.047 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 | 0.345 times |
| 19 Thu Jan 2023 | 34.00 | 34.00 | 34.00 | 34.00 | 0.049 times |
| 17 Tue Jan 2023 | 32.40 | 32.40 | 32.40 | 32.40 | 0.039 times |
| 16 Mon Jan 2023 | 33.95 | 36.70 | 36.70 | 33.50 | 7.951 times |
| 13 Fri Jan 2023 | 35.00 | 37.90 | 37.90 | 35.00 | 0.491 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 28.6, for a target of 30.8 or 32.66
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 25.40 |
| Downside Target | 26.50 |
| Downside Target | 27.85 |
| Downside Target | 28.55 |
| Upside Target | 30.80 |
| Upside Target | 32.25 |
| 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 | 27.73 |
| Downside Intraday Target | 26.92 |
| Upside Intraday Target | 30.18 |
| Upside Intraday Target | 31.82 |
| Upside Intraday Target | 29.37 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 28.55 | 31.00 | 31.00 | 28.55 | 0.851 times |
| 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 |
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 |
| 01 Wed Feb 2023 | 28.55 | 28.55 | 28.55 | 28.55 | 0.003 times |
| 31 Tue Jan 2023 | 30.00 | 29.05 | 37.90 | 29.05 | 0.942 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 |
Scroll below to view daily charts
Price has moved down 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 | 28, 36, 14 | Sell |
| MACD | 0, 1 | Sell |
| Stochastics | 0 | Sell |
| CCI | -156 | Sell |
| RSI | 51 | Buy |
| OBV | -6899 | Sell |
| VWAP | 34 | Sell |
| ADL | 0 | Sell |
| ROC | -21 | 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 SELL. Signal strength is Weak and stock is gaining 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 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 33.56 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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