(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 2024-11-07 View latest technical analysis
10 day averaged volume of Shremetal is 41856
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 52.47 | 52.00 | 54.70 | 50.96 | 0.288 times |
06 Wed Nov 2024 | 52.62 | 58.00 | 58.00 | 50.11 | 0.675 times |
05 Tue Nov 2024 | 55.44 | 59.00 | 59.00 | 54.00 | 5.282 times |
04 Mon Nov 2024 | 54.08 | 44.20 | 54.08 | 40.40 | 3.368 times |
01 Fri Nov 2024 | 45.07 | 40.75 | 48.00 | 40.75 | 0.14 times |
31 Thu Oct 2024 | 40.75 | 41.00 | 41.00 | 40.70 | 0.233 times |
30 Wed Oct 2024 | 40.86 | 41.99 | 41.99 | 38.10 | 0.049 times |
29 Tue Oct 2024 | 39.80 | 38.00 | 39.80 | 37.00 | 0.03 times |
28 Mon Oct 2024 | 37.99 | 35.20 | 38.30 | 35.20 | 0.032 times |
25 Fri Oct 2024 | 37.34 | 40.10 | 40.10 | 35.05 | 0.085 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.2, but if it comes below 48.2, then a intra day sell could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 42.24 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 55.4 as target.
Share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Target | 34.22 |
Downside Target | 35.00 |
Downside Target | 36.01 |
Downside Target | 40.40 |
Downside Target | 42.50 |
Downside Target | 44.80 |
Downside Target | 45.00 |
Downside Target | 48.00 |
Downside Target | 50.57 |
Upside Target | 59.00 |
Intraday share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Intraday Target | 42.25 |
Downside Intraday Target | 32.02 |
Upside Intraday Target | 60.85 |
Upside Intraday Target | 69.22 |
Downside Intraday Target | 50.62 |
Weekly technical analysis of Shremetal (Shremetal)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 52.47 | 44.20 | 59.00 | 40.40 | 19.828 times |
01 Fri Nov 2024 | 45.07 | 35.20 | 48.00 | 35.20 | 2.26 times |
25 Fri Oct 2024 | 37.34 | 38.38 | 41.20 | 35.05 | 0.915 times |
18 Fri Oct 2024 | 38.38 | 45.00 | 45.00 | 36.01 | 8.273 times |
11 Fri Oct 2024 | 38.76 | 40.92 | 40.92 | 35.00 | 0.139 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Shremetal (Shremetal)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 52.47 | 40.75 | 59.00 | 40.40 | 9.719 times |
31 Thu Oct 2024 | 40.75 | 39.55 | 45.00 | 35.00 | 0.232 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 |
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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.
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 53.92 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 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 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shremetal in short term but SELL signal is weak.
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 53.92 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 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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