(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 2024-05-30 View latest technical analysis
10 day averaged volume of Shremetal is 1645
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 33.95 | 35.68 | 37.00 | 33.91 | 1.489 times |
| 29 Wed May 2024 | 35.68 | 34.00 | 35.68 | 33.99 | 0.507 times |
| 28 Tue May 2024 | 33.99 | 35.01 | 35.01 | 33.99 | 1.297 times |
| 27 Mon May 2024 | 35.76 | 37.00 | 37.00 | 35.63 | 1.604 times |
| 24 Fri May 2024 | 37.50 | 37.69 | 37.69 | 35.11 | 1.618 times |
| 23 Thu May 2024 | 36.95 | 37.79 | 37.80 | 36.95 | 1.378 times |
| 22 Wed May 2024 | 36.00 | 34.21 | 36.00 | 34.16 | 1.827 times |
| 21 Tue May 2024 | 35.92 | 35.94 | 35.94 | 35.89 | 1.326 times |
| 18 Sat May 2024 | 34.23 | 34.81 | 36.53 | 33.15 | 0.332 times |
| 17 Fri May 2024 | 34.81 | 35.50 | 36.00 | 34.81 | 0.043 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 33.9 as stoploss in an intra day buy trade for a target of 35.58. However, stock will show a bearish move below 33.9.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 26.52 |
| Downside Target | 27.18 |
| Downside Target | 30.00 |
| Downside Target | 31.75 |
| Downside Target | 33.00 |
| Downside Target | 33.91 |
| Upside Target | 34.90 |
| Upside Target | 36.64 |
| Upside Target | 38.30 |
| Upside Target | 38.80 |
| Upside Target | 39.92 |
| Upside Target | 40.00 |
| Upside Target | 43.69 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 32.91 |
| Downside Intraday Target | 31.86 |
| Upside Intraday Target | 36 |
| Upside Intraday Target | 38.04 |
| Upside Intraday Target | 34.95 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 33.95 | 37.00 | 37.00 | 33.91 | 0.796 times |
| 24 Fri May 2024 | 37.50 | 35.94 | 37.80 | 34.16 | 8.084 times |
| 18 Sat May 2024 | 34.23 | 34.20 | 36.64 | 33.00 | 0.15 times |
| 10 Fri May 2024 | 33.02 | 37.01 | 39.92 | 31.75 | 1.253 times |
| 03 Fri May 2024 | 38.95 | 43.69 | 43.69 | 37.60 | 0.438 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 |
| 30 Thu May 2024 | 33.95 | 39.00 | 40.00 | 31.75 | 0.42 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 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 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 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 Weak and stock is losing 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 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 35.72 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 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 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 Weak and stock is losing 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 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 35.72 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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