Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-11-29 View latest technical analysis

10 day averaged volume of Shremetal is 1678

Date Daily Closing Price Open High Low Volume
29 Wed Nov 2023 32.90 35.38 35.38 32.04 3.723 times
28 Tue Nov 2023 33.71 34.01 35.00 33.71 0.369 times
24 Fri Nov 2023 35.43 33.55 36.25 32.85 1.702 times
23 Thu Nov 2023 34.56 34.80 34.81 34.20 0.488 times
22 Wed Nov 2023 33.17 32.79 36.00 32.79 0.343 times
21 Tue Nov 2023 34.50 31.36 34.65 31.36 0.632 times
20 Mon Nov 2023 33.00 30.00 33.00 30.00 0.888 times
17 Fri Nov 2023 31.55 32.55 32.55 31.50 0.799 times
16 Thu Nov 2023 31.00 33.53 33.53 30.50 0.972 times
15 Wed Nov 2023 31.95 32.01 32.02 30.50 0.93 times

Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 33.8 or till 35.7. Use a stoploss of 32.15 and if this stock hits its stoploss, then it can fall down till 30.52

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 27.12
Downside Target 29.03
Downside Target 29.70
Downside Target 32.04
Downside Target 32.43
Upside Target 33.00
Upside Target 33.53
Upside Target 33.90
Upside Target 35.38
Upside Target 35.62
Upside Target 36.25

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 31.5
Downside Intraday Target 30.1
Upside Intraday Target 34.84
Upside Intraday Target 36.78
Upside Intraday Target 33.44

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
29 Wed Nov 2023 32.90 34.01 35.38 32.04 1.01 times
24 Fri Nov 2023 35.43 30.00 36.25 30.00 0.717 times
17 Fri Nov 2023 31.55 29.88 33.53 29.70 3.44 times
10 Fri Nov 2023 29.88 29.03 33.00 29.03 0.75 times
03 Fri Nov 2023 30.50 32.16 32.16 29.10 2.165 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
29 Wed Nov 2023 32.90 29.20 36.25 29.03 2.968 times
31 Tue Oct 2023 29.20 28.00 32.43 27.12 0.478 times
29 Fri Sep 2023 29.35 30.21 32.40 27.62 0.995 times
31 Thu Aug 2023 31.00 32.00 33.90 28.11 0.98 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Shremetal (Shremetal)

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 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 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 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 BUY. Signal strength is Weak and stock is losing 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. Bulls are getting tired and bears 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 SELL signal for Shremetal in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 33.16 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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.

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 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 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 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 BUY. Signal strength is Weak and stock is losing 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. Bulls are getting tired and bears 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 SELL signal for Shremetal in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 33.16 and Shremetal (Shremetal) stock is trading below this level. This means that stock is falling with high volumes. 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.

Click here for Shremetal charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme