(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 2024-12-05 View latest technical analysis
10 day averaged volume of Shremetal is 2392
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 45.41 | 44.90 | 47.00 | 43.50 | 0.765 times |
| 04 Wed Dec 2024 | 44.78 | 45.33 | 48.55 | 43.94 | 0.702 times |
| 03 Tue Dec 2024 | 46.25 | 46.53 | 48.84 | 44.23 | 1.076 times |
| 02 Mon Dec 2024 | 46.53 | 50.82 | 51.20 | 46.36 | 1.939 times |
| 29 Fri Nov 2024 | 48.80 | 48.80 | 48.80 | 44.25 | 1.416 times |
| 28 Thu Nov 2024 | 46.48 | 46.47 | 46.48 | 46.47 | 0.546 times |
| 27 Wed Nov 2024 | 44.27 | 42.17 | 44.27 | 42.17 | 0.414 times |
| 26 Tue Nov 2024 | 42.17 | 42.16 | 42.17 | 42.16 | 0.476 times |
| 25 Mon Nov 2024 | 40.17 | 39.00 | 40.17 | 39.00 | 0.494 times |
| 22 Fri Nov 2024 | 38.26 | 37.11 | 38.95 | 37.11 | 1.428 times |
My analysis of stock is bullish for shortterm, and stock might move up till 48.6 or till 53.9. Use a stoploss of 44.26 and if this stock hits its stoploss, then it can fall down till 39.89
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Downside Target | 37.10 |
| Downside Target | 39.00 |
| Downside Target | 40.40 |
| Downside Target | 41.93 |
| Downside Target | 43.50 |
| Downside Target | 44.80 |
| Upside Target | 48.80 |
| Upside Target | 49.88 |
| Upside Target | 50.57 |
| Upside Target | 51.20 |
| Upside Target | 59.00 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 42.21 |
| Downside Intraday Target | 39 |
| Upside Intraday Target | 49.91 |
| Upside Intraday Target | 54.4 |
| Upside Intraday Target | 46.7 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Dec 2024 | 45.41 | 50.82 | 51.20 | 43.50 | 1.34 times |
| 29 Fri Nov 2024 | 48.80 | 39.00 | 48.80 | 39.00 | 0.753 times |
| 22 Fri Nov 2024 | 38.26 | 41.93 | 41.93 | 37.10 | 0.233 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 |
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 |
| 05 Thu Dec 2024 | 45.41 | 50.82 | 51.20 | 43.50 | 0.022 times |
| 29 Fri Nov 2024 | 48.80 | 40.75 | 59.00 | 37.10 | 11.659 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 |
Scroll below to view daily charts
Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 44.68 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
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 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 44.68 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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