(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 2024-10-10 View latest technical analysis
10 day averaged volume of Shremetal is 3607
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 40.40 | 40.50 | 40.50 | 40.40 | 0.107 times |
| 09 Wed Oct 2024 | 40.50 | 40.79 | 40.79 | 37.00 | 0.062 times |
| 08 Tue Oct 2024 | 40.80 | 40.92 | 40.92 | 40.80 | 0.031 times |
| 03 Thu Oct 2024 | 40.94 | 40.88 | 42.00 | 39.98 | 0.719 times |
| 01 Tue Oct 2024 | 40.44 | 39.55 | 40.95 | 39.55 | 1.389 times |
| 30 Mon Sep 2024 | 39.50 | 38.00 | 40.99 | 38.00 | 0.255 times |
| 27 Fri Sep 2024 | 40.00 | 40.00 | 40.00 | 40.00 | 0.007 times |
| 26 Thu Sep 2024 | 40.50 | 39.40 | 40.79 | 39.14 | 0.154 times |
| 25 Wed Sep 2024 | 39.13 | 40.00 | 41.00 | 38.80 | 0.776 times |
| 24 Tue Sep 2024 | 40.08 | 37.91 | 41.73 | 37.91 | 3.66 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 40.41 and if the stock hits stoploss, then it can shoot up till 42.23
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 | 39.66 |
| Upside Target | 40.92 |
| Upside Target | 42.00 |
| 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 | 37.96 |
| Downside Intraday Target | 35.52 |
| Upside Intraday Target | 41.88 |
| Upside Intraday Target | 43.36 |
| Downside Intraday Target | 39.44 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 40.40 | 40.92 | 40.92 | 37.00 | 0.085 times |
| 03 Thu Oct 2024 | 40.94 | 38.00 | 42.00 | 38.00 | 0.313 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 |
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 |
| 10 Thu Oct 2024 | 40.40 | 39.55 | 42.00 | 37.00 | 0.046 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term and BUY 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 40.13 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Shremetal in short term and BUY 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 40.13 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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