(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 2024-02-28 View latest technical analysis
10 day averaged volume of Shremetal is 1120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 31.10 | 32.00 | 32.56 | 31.09 | 0.451 times |
| 27 Tue Feb 2024 | 32.71 | 32.55 | 32.75 | 32.55 | 2.225 times |
| 26 Mon Feb 2024 | 32.70 | 31.21 | 32.70 | 31.00 | 0.171 times |
| 23 Fri Feb 2024 | 32.62 | 33.95 | 33.95 | 31.51 | 0.467 times |
| 22 Thu Feb 2024 | 32.80 | 32.80 | 32.80 | 32.80 | 0.076 times |
| 21 Wed Feb 2024 | 32.80 | 32.91 | 34.87 | 32.80 | 1.268 times |
| 20 Tue Feb 2024 | 34.52 | 34.96 | 34.96 | 31.92 | 1.354 times |
| 19 Mon Feb 2024 | 33.59 | 37.00 | 37.00 | 33.59 | 1.358 times |
| 16 Fri Feb 2024 | 35.35 | 35.55 | 35.55 | 32.25 | 2.841 times |
| 15 Thu Feb 2024 | 33.90 | 32.30 | 33.90 | 32.30 | 0.232 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 30.6, for a target of 32.4 or 33.79
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 27.12 |
| Downside Target | 29.03 |
| Downside Target | 30.00 |
| Downside Target | 31.00 |
| Upside 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 | 30.48 |
| Downside Intraday Target | 29.87 |
| Upside Intraday Target | 32.23 |
| Upside Intraday Target | 33.37 |
| Upside Intraday Target | 31.62 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 31.10 | 31.21 | 32.75 | 31.00 | 0.629 times |
| 23 Fri Feb 2024 | 32.62 | 37.00 | 37.00 | 31.51 | 1.303 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 |
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 |
| 28 Wed Feb 2024 | 31.10 | 36.89 | 38.30 | 31.00 | 0.567 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 33.74 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 33.74 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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