(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 2024-08-20 View latest technical analysis
10 day averaged volume of Shremetal is 378
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 39.89 | 39.89 | 39.89 | 39.89 | 0.003 times |
| 16 Fri Aug 2024 | 37.38 | 41.50 | 41.50 | 37.38 | 1.341 times |
| 14 Wed Aug 2024 | 41.50 | 43.90 | 44.80 | 41.50 | 3.344 times |
| 13 Tue Aug 2024 | 43.99 | 40.70 | 43.99 | 40.70 | 0.071 times |
| 12 Mon Aug 2024 | 40.80 | 41.20 | 41.20 | 40.80 | 0.042 times |
| 08 Thu Aug 2024 | 41.20 | 41.20 | 41.20 | 41.20 | 0.09 times |
| 06 Tue Aug 2024 | 39.18 | 39.96 | 41.36 | 38.36 | 0.138 times |
| 05 Mon Aug 2024 | 40.36 | 41.10 | 41.10 | 40.36 | 0.164 times |
| 02 Fri Aug 2024 | 42.40 | 42.40 | 42.40 | 42.40 | 0.019 times |
| 01 Thu Aug 2024 | 42.40 | 40.40 | 42.41 | 38.40 | 1.426 times |
My analysis of stock is bearish for shortterm, and stock might move down till 38.6 or till 36.4. Use a stoploss of 40.44 and if the stock hits stoploss, then it can shoot up till 42.26
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 26.52 |
| Downside Target | 31.75 |
| Downside Target | 34.22 |
| Downside Target | 36.72 |
| Downside Target | 38.36 |
| Downside Target | 39.66 |
| Upside Target | 41.20 |
| Upside Target | 41.36 |
| Upside Target | 42.50 |
| Upside Target | 44.80 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 39.89 |
| Downside Intraday Target | 39.89 |
| Downside Intraday Target | 39.89 |
| Downside Intraday Target | 39.89 |
| Downside Intraday Target | 39.89 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 39.89 | 39.89 | 39.89 | 39.89 | 0.001 times |
| 16 Fri Aug 2024 | 37.38 | 41.20 | 44.80 | 37.38 | 12.257 times |
| 08 Thu Aug 2024 | 41.20 | 41.10 | 41.36 | 38.36 | 0.048 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 |
Price has moved up 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 |
| 20 Tue Aug 2024 | 39.89 | 40.40 | 44.80 | 37.38 | 0.099 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 losing 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 moving up
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 40.8 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 losing 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 moving up
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 40.8 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.
Click here for Shremetal charts
Click here for further forecast and predictions for tomorrow