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(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 2024-09-30 View latest technical analysis

10 day averaged volume of Shremetal is 17017

Date Daily Closing Price Open High Low Volume
30 Mon Sep 2024 39.50 38.00 40.99 38.00 0.054 times
27 Fri Sep 2024 40.00 40.00 40.00 40.00 0.001 times
26 Thu Sep 2024 40.50 39.40 40.79 39.14 0.033 times
25 Wed Sep 2024 39.13 40.00 41.00 38.80 0.164 times
24 Tue Sep 2024 40.08 37.91 41.73 37.91 0.776 times
23 Mon Sep 2024 37.94 38.68 39.88 36.31 0.625 times
20 Fri Sep 2024 38.68 40.00 40.00 36.55 0.64 times
19 Thu Sep 2024 39.77 44.45 44.45 39.51 1.141 times
18 Wed Sep 2024 43.90 45.98 50.57 43.49 2.131 times
17 Tue Sep 2024 45.98 40.92 46.15 40.92 4.346 times

My analysis of stock is bearish for shortterm, and stock might move down till 38 or till 35.7. Use a stoploss of 40.01 and if the stock hits stoploss, then it can shoot up till 41.99

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 38.00
Upside Target 39.66
Upside Target 40.99
Upside Target 41.73
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 38
Downside Intraday Target 36.51
Upside Intraday Target 40.99
Upside Intraday Target 42.49
Downside Intraday Target 39.5

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
30 Mon Sep 2024 39.50 38.00 40.99 38.00 0.034 times
27 Fri Sep 2024 40.00 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

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 Mon Sep 2024 39.50 37.91 50.57 36.11 14.601 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 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 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 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 43.21 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 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 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 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 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 weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining 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 43.21 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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Daily charts

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