(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 2024-11-13 View latest technical analysis
10 day averaged volume of Shremetal is 46860
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 41.15 | 44.40 | 44.40 | 41.15 | 0.19 times |
| 12 Tue Nov 2024 | 43.31 | 48.48 | 49.00 | 42.65 | 0.409 times |
| 11 Mon Nov 2024 | 47.29 | 49.88 | 49.88 | 45.05 | 0.259 times |
| 08 Fri Nov 2024 | 48.66 | 52.47 | 52.47 | 48.47 | 0.368 times |
| 07 Thu Nov 2024 | 52.47 | 52.00 | 54.70 | 50.96 | 0.258 times |
| 06 Wed Nov 2024 | 52.62 | 58.00 | 58.00 | 50.11 | 0.603 times |
| 05 Tue Nov 2024 | 55.44 | 59.00 | 59.00 | 54.00 | 4.718 times |
| 04 Mon Nov 2024 | 54.08 | 44.20 | 54.08 | 40.40 | 3.008 times |
| 01 Fri Nov 2024 | 45.07 | 40.75 | 48.00 | 40.75 | 0.125 times |
| 31 Thu Oct 2024 | 40.75 | 41.00 | 41.00 | 40.70 | 0.208 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.6 or till 30.6. Use a stoploss of 43.54 and if the stock hits stoploss, then it can shoot up till 49.44
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 |
| Upside Target | 42.50 |
| Upside Target | 44.80 |
| Upside Target | 45.00 |
| Upside Target | 48.00 |
| Upside Target | 49.88 |
| Upside Target | 50.57 |
| Upside Target | 59.00 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 38.24 |
| Downside Intraday Target | 35.33 |
| Upside Intraday Target | 46.97 |
| Upside Intraday Target | 52.79 |
| Upside Intraday Target | 44.06 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 41.15 | 49.88 | 49.88 | 41.15 | 0.096 times |
| 08 Fri Nov 2024 | 48.66 | 44.20 | 59.00 | 40.40 | 20.678 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 |
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 |
| 13 Wed Nov 2024 | 41.15 | 40.75 | 59.00 | 40.40 | 11.086 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 53.15 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 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 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 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 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 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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 53.15 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 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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