(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 2024-05-02 View latest technical analysis
10 day averaged volume of Shremetal is 5783
Date | Daily Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 39.00 | 39.00 | 39.00 | 39.00 | 0.019 times |
30 Tue Apr 2024 | 39.00 | 39.94 | 39.94 | 37.60 | 0.346 times |
29 Mon Apr 2024 | 39.54 | 43.69 | 43.69 | 39.54 | 0.711 times |
26 Fri Apr 2024 | 41.62 | 39.87 | 41.85 | 38.85 | 0.346 times |
25 Thu Apr 2024 | 39.87 | 37.01 | 39.87 | 37.00 | 0.321 times |
24 Wed Apr 2024 | 37.98 | 37.96 | 41.00 | 37.95 | 0.528 times |
23 Tue Apr 2024 | 39.94 | 41.01 | 41.20 | 39.94 | 0.833 times |
22 Mon Apr 2024 | 42.04 | 44.06 | 44.06 | 40.10 | 0.608 times |
19 Fri Apr 2024 | 42.21 | 46.26 | 46.26 | 41.86 | 5.37 times |
18 Thu Apr 2024 | 44.06 | 44.06 | 44.06 | 44.06 | 0.414 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 41.3 as stoploss in an intra day sell trade for a target of 36.63. However, stock will show a bullish move above 41.3.
Share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Target | 26.52 |
Downside Target | 27.18 |
Downside Target | 29.25 |
Downside Target | 30.00 |
Downside Target | 32.30 |
Downside Target | 33.11 |
Downside Target | 34.90 |
Downside Target | 36.42 |
Downside Target | 39.00 |
Upside Target | 43.69 |
Upside Target | 44.06 |
Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Intraday Target | 36.5 |
Downside Intraday Target | 34.01 |
Upside Intraday Target | 42.59 |
Upside Intraday Target | 46.19 |
Upside Intraday Target | 40.1 |
Weekly technical analysis of Shremetal (Shremetal)
Date | Weekly Closing Price | Open | High | Low | Volume |
02 Thu May 2024 | 39.00 | 43.69 | 43.69 | 37.60 | 0.408 times |
26 Fri Apr 2024 | 41.62 | 44.06 | 44.06 | 37.00 | 0.359 times |
19 Fri Apr 2024 | 42.21 | 36.42 | 46.26 | 36.42 | 24.444 times |
12 Fri Apr 2024 | 33.11 | 32.26 | 33.11 | 29.25 | 0.842 times |
05 Fri Apr 2024 | 32.20 | 27.43 | 35.43 | 26.52 | 0.759 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 |
02 Thu May 2024 | 39.00 | 39.00 | 39.00 | 39.00 | 0.002 times |
30 Tue Apr 2024 | 39.00 | 27.43 | 46.26 | 26.52 | 8.414 times |
28 Thu Mar 2024 | 28.86 | 32.00 | 34.90 | 27.18 | 0.295 times |
29 Thu Feb 2024 | 32.00 | 36.89 | 38.30 | 30.00 | 0.574 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 41.42 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy 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 green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying 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 41.42 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 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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