(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 2024-02-20 View latest technical analysis
10 day averaged volume of Shremetal is 1507
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 34.52 | 34.96 | 34.96 | 31.92 | 1.007 times |
| 19 Mon Feb 2024 | 33.59 | 37.00 | 37.00 | 33.59 | 1.009 times |
| 16 Fri Feb 2024 | 35.35 | 35.55 | 35.55 | 32.25 | 2.111 times |
| 15 Thu Feb 2024 | 33.90 | 32.30 | 33.90 | 32.30 | 0.173 times |
| 14 Wed Feb 2024 | 32.30 | 34.12 | 34.12 | 32.30 | 0.008 times |
| 13 Tue Feb 2024 | 32.50 | 33.15 | 34.12 | 32.00 | 0.285 times |
| 12 Mon Feb 2024 | 32.50 | 35.65 | 35.65 | 32.50 | 0.002 times |
| 09 Fri Feb 2024 | 34.00 | 35.31 | 35.31 | 34.00 | 0.203 times |
| 08 Thu Feb 2024 | 34.00 | 35.00 | 35.00 | 34.00 | 0.867 times |
| 07 Wed Feb 2024 | 35.25 | 37.45 | 37.45 | 33.97 | 2.422 times |
My analysis of stock is bearish for shortterm, and stock might move down till 33.4 or till 31.9. Use a stoploss of 34.65 and if the stock hits stoploss, then it can shoot up till 35.91
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 27.12 |
| Downside Target | 29.03 |
| Downside Target | 30.00 |
| Downside Target | 31.92 |
| Downside Target | 33.60 |
| Upside Target | 35.65 |
| Upside Target | 36.25 |
| Upside Target | 36.98 |
| Upside Target | 37.00 |
| Upside Target | 37.20 |
| Upside Target | 38.30 |
| Upside Target | 38.80 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 31.96 |
| Downside Intraday Target | 29.4 |
| Upside Intraday Target | 37.04 |
| Upside Intraday Target | 39.56 |
| Downside Intraday Target | 34.48 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Feb 2024 | 34.52 | 37.00 | 37.00 | 31.92 | 0.782 times |
| 16 Fri Feb 2024 | 35.35 | 35.65 | 35.65 | 32.00 | 0.363 times |
| 09 Fri Feb 2024 | 34.00 | 35.23 | 38.30 | 33.97 | 0.967 times |
| 02 Fri Feb 2024 | 35.95 | 37.20 | 37.20 | 33.60 | 4.32 times |
| 25 Thu Jan 2024 | 35.49 | 34.95 | 35.69 | 32.65 | 0.242 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 |
| 20 Tue Feb 2024 | 34.52 | 36.89 | 38.30 | 31.92 | 0.457 times |
| 31 Wed Jan 2024 | 35.15 | 37.50 | 38.80 | 32.30 | 4.342 times |
| 29 Fri Dec 2023 | 35.99 | 30.00 | 36.98 | 30.00 | 0.384 times |
| 30 Thu Nov 2023 | 31.47 | 29.20 | 36.25 | 29.03 | 3.061 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 red color and prices are below the red cloud Prices appear to be moving up
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
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 34.68 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 negative.
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 red color and prices are below the red cloud Prices appear to be moving up
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
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 34.68 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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