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(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 2023-05-19 View latest technical analysis

10 day averaged volume of Shremetal is 1178

Date Daily Closing Price Open High Low Volume
19 Fri May 2023 38.85 36.00 38.85 36.00 0.106 times
18 Thu May 2023 37.00 36.90 38.85 36.90 1.105 times
17 Wed May 2023 37.00 37.30 39.11 36.00 0.494 times
16 Tue May 2023 37.25 37.50 37.50 35.00 0.183 times
15 Mon May 2023 36.00 38.90 38.90 35.85 0.285 times
12 Fri May 2023 37.65 35.00 37.75 35.00 1.212 times
11 Thu May 2023 36.30 35.70 37.50 35.70 2.829 times
10 Wed May 2023 37.54 35.20 38.00 35.20 2.458 times
09 Tue May 2023 37.00 40.00 40.00 37.00 0.158 times
08 Mon May 2023 38.70 41.39 41.39 38.44 0.992 times

My analysis of stock is bearish for shortterm, and stock might move down till 36.9 or till 34.1. Use a stoploss of 39.23 and if the stock hits stoploss, then it can shoot up till 41.55

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
Downside Target 37.60
Downside 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 36.2
Downside Intraday Target 33.54
Upside Intraday Target 40.31
Upside Intraday Target 41.76
Downside Intraday Target 37.65

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
19 Fri May 2023 38.85 38.90 39.11 35.00 0.284 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 up 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
19 Fri May 2023 38.85 39.99 42.72 35.00 0.216 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 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.

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

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

Although the stock is in the SELL zone, but selling 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 37.18 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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.

Price action analysis of Shremetal ( (Shremetal) ) based on a short 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.

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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

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

Although the stock is in the SELL zone, but selling 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 37.18 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily charts

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