(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 2024-08-05 View latest technical analysis
10 day averaged volume of Shremetal is 722
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 40.36 | 41.10 | 41.10 | 40.36 | 0.086 times |
| 02 Fri Aug 2024 | 42.40 | 42.40 | 42.40 | 42.40 | 0.01 times |
| 01 Thu Aug 2024 | 42.40 | 40.40 | 42.41 | 38.40 | 0.747 times |
| 31 Wed Jul 2024 | 40.40 | 42.44 | 42.44 | 40.39 | 1.762 times |
| 30 Tue Jul 2024 | 42.44 | 42.44 | 42.44 | 42.44 | 0.422 times |
| 29 Mon Jul 2024 | 42.44 | 42.50 | 42.50 | 39.14 | 1.312 times |
| 26 Fri Jul 2024 | 41.20 | 41.10 | 41.20 | 41.10 | 0.693 times |
| 25 Thu Jul 2024 | 40.90 | 40.94 | 40.94 | 40.90 | 0.144 times |
| 24 Wed Jul 2024 | 39.71 | 38.00 | 40.94 | 37.05 | 3.41 times |
| 23 Tue Jul 2024 | 39.00 | 38.70 | 39.00 | 36.72 | 0.666 times |
My analysis of stock is bullish for shortterm, and stock might move up till 41.5 or till 43.9. Use a stoploss of 39.41 and if this stock hits its stoploss, then it can fall down till 37.35
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 26.52 |
| Downside Target | 31.75 |
| Downside Target | 34.22 |
| Downside Target | 35.78 |
| Downside Target | 36.72 |
| Downside Target | 38.40 |
| Downside Target | 39.38 |
| Upside Target | 41.10 |
| Upside Target | 41.20 |
| Upside Target | 42.41 |
| Upside Target | 42.50 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 40.11 |
| Downside Intraday Target | 39.87 |
| Upside Intraday Target | 40.85 |
| Upside Intraday Target | 41.35 |
| Upside Intraday Target | 40.61 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 40.36 | 41.10 | 41.10 | 40.36 | 0.02 times |
| 02 Fri Aug 2024 | 42.40 | 42.50 | 42.50 | 38.40 | 0.74 times |
| 26 Fri Jul 2024 | 41.20 | 37.50 | 41.20 | 36.72 | 1.456 times |
| 19 Fri Jul 2024 | 37.00 | 35.78 | 39.38 | 35.78 | 0.469 times |
| 12 Fri Jul 2024 | 37.65 | 36.51 | 39.62 | 34.22 | 0.626 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 |
| 05 Mon Aug 2024 | 40.36 | 40.40 | 42.41 | 38.40 | 0.024 times |
| 31 Wed Jul 2024 | 40.40 | 36.72 | 42.50 | 34.22 | 1.805 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer 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.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 and selling is picking up 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 40.66 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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer 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.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 and selling is picking up 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 40.66 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 is giving positive 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.
Click here for Shremetal charts
Click here for further forecast and predictions for tomorrow