(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 2023-05-18 View latest technical analysis
10 day averaged volume of Shremetal is 1118
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu May 2023 | 37.00 | 36.90 | 38.85 | 36.90 | 1.165 times |
| 17 Wed May 2023 | 37.00 | 37.30 | 39.11 | 36.00 | 0.521 times |
| 16 Tue May 2023 | 37.25 | 37.50 | 37.50 | 35.00 | 0.192 times |
| 15 Mon May 2023 | 36.00 | 38.90 | 38.90 | 35.85 | 0.301 times |
| 12 Fri May 2023 | 37.65 | 35.00 | 37.75 | 35.00 | 1.277 times |
| 11 Thu May 2023 | 36.30 | 35.70 | 37.50 | 35.70 | 2.98 times |
| 10 Wed May 2023 | 37.54 | 35.20 | 38.00 | 35.20 | 2.589 times |
| 09 Tue May 2023 | 37.00 | 40.00 | 40.00 | 37.00 | 0.166 times |
| 08 Mon May 2023 | 38.70 | 41.39 | 41.39 | 38.44 | 1.046 times |
| 05 Fri May 2023 | 40.40 | 40.40 | 40.40 | 38.10 | 0.298 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 36.8 as stoploss in an intra day buy trade for a target of 39.64. However, stock will show a bearish move below 36.8.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 25.66 |
| Downside Target | 26.60 |
| Downside Target | 29.05 |
| Downside Target | 34.35 |
| Downside Target | 36.42 |
| Upside Target | 37.60 |
| Upside Target | 38.73 |
| Upside Target | 41.39 |
| Upside Target | 42.72 |
| Upside Target | 44.70 |
| Upside Target | 45.00 |
| Upside Target | 50.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 34.96 |
| Downside Intraday Target | 32.93 |
| Upside Intraday Target | 39.07 |
| Upside Intraday Target | 41.15 |
| Upside Intraday Target | 37.04 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu May 2023 | 37.00 | 38.90 | 39.11 | 35.00 | 0.27 times |
| 12 Fri May 2023 | 37.65 | 41.39 | 41.39 | 35.00 | 4.351 times |
| 05 Fri May 2023 | 40.40 | 39.99 | 42.72 | 37.60 | 0.164 times |
| 28 Fri Apr 2023 | 38.85 | 42.48 | 45.00 | 38.73 | 0.57 times |
| 21 Fri Apr 2023 | 44.70 | 49.61 | 50.90 | 44.70 | 0.948 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 |
| 18 Thu May 2023 | 37.00 | 39.99 | 42.72 | 35.00 | 0.214 times |
| 28 Fri Apr 2023 | 38.85 | 37.97 | 50.90 | 34.50 | 4.151 times |
| 31 Fri Mar 2023 | 36.17 | 26.52 | 36.42 | 25.66 | 3.102 times |
| 28 Tue Feb 2023 | 27.90 | 28.55 | 34.35 | 26.60 | 0.599 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)
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell 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 weakening, and bulls are picking up momentum!
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 buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 37.25 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.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell 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 weakening, and bulls are picking up momentum!
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 buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 37.25 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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