(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 2024-07-08 View latest technical analysis
10 day averaged volume of Shremetal is 1301
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 36.51 | 36.51 | 38.30 | 36.51 | 0.537 times |
| 05 Fri Jul 2024 | 36.51 | 39.15 | 39.15 | 36.51 | 0.196 times |
| 04 Thu Jul 2024 | 38.35 | 40.24 | 40.24 | 38.30 | 0.586 times |
| 03 Wed Jul 2024 | 40.24 | 40.90 | 40.90 | 37.05 | 0.842 times |
| 02 Tue Jul 2024 | 39.00 | 37.80 | 39.55 | 37.80 | 3.067 times |
| 01 Mon Jul 2024 | 37.67 | 36.72 | 37.80 | 36.70 | 2.762 times |
| 28 Fri Jun 2024 | 36.00 | 36.00 | 37.41 | 35.71 | 0.39 times |
| 27 Thu Jun 2024 | 35.65 | 35.64 | 37.99 | 35.64 | 1.822 times |
| 26 Wed Jun 2024 | 37.50 | 37.50 | 37.50 | 36.00 | 0.187 times |
| 25 Tue Jun 2024 | 37.62 | 37.62 | 37.62 | 37.62 | 0.077 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 36.3 as stoploss in an intra day buy trade for a target of 37.5. However, stock will show a bearish move below 36.3.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 26.52 |
| Downside Target | 27.18 |
| Downside Target | 31.75 |
| Downside Target | 34.90 |
| Downside Target | 35.64 |
| Upside Target | 37.99 |
| Upside Target | 38.66 |
| Upside Target | 39.66 |
| Upside Target | 40.00 |
| Upside Target | 40.90 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 35.91 |
| Downside Intraday Target | 35.32 |
| Upside Intraday Target | 37.7 |
| Upside Intraday Target | 38.9 |
| Upside Intraday Target | 37.11 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jul 2024 | 36.51 | 36.51 | 38.30 | 36.51 | 0.072 times |
| 05 Fri Jul 2024 | 36.51 | 36.72 | 40.90 | 36.51 | 2.929 times |
| 28 Fri Jun 2024 | 36.00 | 37.69 | 37.99 | 35.64 | 1.89 times |
| 21 Fri Jun 2024 | 37.69 | 37.10 | 38.66 | 36.10 | 0.288 times |
| 14 Fri Jun 2024 | 39.00 | 33.23 | 39.66 | 32.22 | 2.112 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 |
| 08 Mon Jul 2024 | 36.51 | 36.72 | 40.90 | 36.51 | 0.742 times |
| 28 Fri Jun 2024 | 36.00 | 34.00 | 39.66 | 32.22 | 0.492 times |
| 31 Fri May 2024 | 33.91 | 39.00 | 40.00 | 31.75 | 0.422 times |
| 30 Tue Apr 2024 | 39.00 | 27.43 | 46.26 | 26.52 | 8.414 times |
Scroll below to view daily charts
Price has moved up 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
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 in or below the green 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 but selling is losing 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 37.81 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
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 in or below the green 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 but selling is losing 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 37.81 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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