(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 2024-11-18 View latest technical analysis
10 day averaged volume of Shremetal is 47109
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 39.53 | 41.93 | 41.93 | 39.01 | 0.044 times |
| 14 Thu Nov 2024 | 40.90 | 39.11 | 42.00 | 39.11 | 0.115 times |
| 13 Wed Nov 2024 | 41.15 | 44.40 | 44.40 | 41.15 | 0.189 times |
| 12 Tue Nov 2024 | 43.31 | 48.48 | 49.00 | 42.65 | 0.407 times |
| 11 Mon Nov 2024 | 47.29 | 49.88 | 49.88 | 45.05 | 0.257 times |
| 08 Fri Nov 2024 | 48.66 | 52.47 | 52.47 | 48.47 | 0.366 times |
| 07 Thu Nov 2024 | 52.47 | 52.00 | 54.70 | 50.96 | 0.256 times |
| 06 Wed Nov 2024 | 52.62 | 58.00 | 58.00 | 50.11 | 0.599 times |
| 05 Tue Nov 2024 | 55.44 | 59.00 | 59.00 | 54.00 | 4.693 times |
| 04 Mon Nov 2024 | 54.08 | 44.20 | 54.08 | 40.40 | 2.992 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 38 as stoploss in an intra day buy trade for a target of 43.74. However, stock will show a bearish move below 38.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Downside Target | 39.01 |
| Upside Target | 40.40 |
| 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 | 38.38 |
| Downside Intraday Target | 37.24 |
| Upside Intraday Target | 41.3 |
| Upside Intraday Target | 43.08 |
| Upside Intraday Target | 40.16 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 39.53 | 41.93 | 41.93 | 39.01 | 0.046 times |
| 14 Thu Nov 2024 | 40.90 | 49.88 | 49.88 | 39.11 | 0.109 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 |
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 |
| 18 Mon Nov 2024 | 39.53 | 40.75 | 59.00 | 39.01 | 11.265 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 down 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.31 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 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 53.31 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 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.
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