(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 2024-09-26 View latest technical analysis
10 day averaged volume of Shremetal is 17336
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 40.50 | 39.40 | 40.79 | 39.14 | 0.032 times |
| 25 Wed Sep 2024 | 39.13 | 40.00 | 41.00 | 38.80 | 0.161 times |
| 24 Tue Sep 2024 | 40.08 | 37.91 | 41.73 | 37.91 | 0.762 times |
| 23 Mon Sep 2024 | 37.94 | 38.68 | 39.88 | 36.31 | 0.613 times |
| 20 Fri Sep 2024 | 38.68 | 40.00 | 40.00 | 36.55 | 0.628 times |
| 19 Thu Sep 2024 | 39.77 | 44.45 | 44.45 | 39.51 | 1.12 times |
| 18 Wed Sep 2024 | 43.90 | 45.98 | 50.57 | 43.49 | 2.092 times |
| 17 Tue Sep 2024 | 45.98 | 40.92 | 46.15 | 40.92 | 4.266 times |
| 16 Mon Sep 2024 | 41.96 | 38.50 | 43.00 | 38.50 | 0.141 times |
| 13 Fri Sep 2024 | 39.22 | 41.90 | 42.99 | 38.00 | 0.159 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42 or till 44.4. Use a stoploss of 39.97 and if this stock hits its stoploss, then it can fall down till 37.97
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 31.75 |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Downside Target | 39.66 |
| Upside Target | 41.73 |
| Upside Target | 41.90 |
| Upside Target | 42.50 |
| Upside Target | 42.99 |
| Upside Target | 44.80 |
| Upside Target | 50.57 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 37.3 |
| Downside Intraday Target | 34.09 |
| Upside Intraday Target | 42.72 |
| Upside Intraday Target | 44.93 |
| Downside Intraday Target | 39.51 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 40.50 | 38.68 | 41.73 | 36.31 | 0.19 times |
| 20 Fri Sep 2024 | 38.68 | 38.50 | 50.57 | 36.55 | 16.022 times |
| 13 Fri Sep 2024 | 39.22 | 37.43 | 42.99 | 36.58 | 9.218 times |
| 06 Fri Sep 2024 | 37.05 | 37.91 | 40.00 | 36.11 | 0.114 times |
| 30 Fri Aug 2024 | 38.68 | 40.00 | 41.90 | 35.00 | 5.972 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 |
| 26 Thu Sep 2024 | 40.50 | 37.91 | 50.57 | 36.11 | 14.525 times |
| 30 Fri Aug 2024 | 38.68 | 40.40 | 44.80 | 35.00 | 0.49 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 43.15 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 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 43.15 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 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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