(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 2024-10-01 View latest technical analysis
10 day averaged volume of Shremetal is 16865
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 40.44 | 39.55 | 40.95 | 39.55 | 0.297 times |
| 30 Mon Sep 2024 | 39.50 | 38.00 | 40.99 | 38.00 | 0.055 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 | 0.166 times |
| 24 Tue Sep 2024 | 40.08 | 37.91 | 41.73 | 37.91 | 0.783 times |
| 23 Mon Sep 2024 | 37.94 | 38.68 | 39.88 | 36.31 | 0.63 times |
| 20 Fri Sep 2024 | 38.68 | 40.00 | 40.00 | 36.55 | 0.646 times |
| 19 Thu Sep 2024 | 39.77 | 44.45 | 44.45 | 39.51 | 1.151 times |
| 18 Wed Sep 2024 | 43.90 | 45.98 | 50.57 | 43.49 | 2.15 times |
My analysis of stock is bullish for shortterm, and stock might move up till 42.1 or till 44.4. Use a stoploss of 40.11 and if this stock hits its stoploss, then it can fall down till 38.16
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 32.22 |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Downside Target | 38.00 |
| Downside Target | 39.55 |
| Upside Target | 40.95 |
| 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 | 38.63 |
| Downside Intraday Target | 36.82 |
| Upside Intraday Target | 41.62 |
| Upside Intraday Target | 42.8 |
| Downside Intraday Target | 39.81 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Tue Oct 2024 | 40.44 | 38.00 | 40.99 | 38.00 | 0.218 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 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 |
| 01 Tue Oct 2024 | 40.44 | 39.55 | 40.95 | 39.55 | 0.028 times |
| 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 |
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 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 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 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 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 getting stronger in this stock.
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
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 41.02 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 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 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 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 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 getting stronger in this stock.
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
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 41.02 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 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