(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)
10 day averaged volume of Shremetal is 321
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 27.50 | 26.00 | 27.50 | 25.66 | 2.181 times |
| 17 Fri Mar 2023 | 27.00 | 26.52 | 27.00 | 26.52 | 1.246 times |
| 13 Mon Mar 2023 | 26.52 | 26.52 | 26.52 | 26.52 | 0.062 times |
| 10 Fri Mar 2023 | 26.52 | 26.52 | 26.52 | 26.52 | 0.006 times |
| 01 Wed Mar 2023 | 26.52 | 26.52 | 26.52 | 26.52 | 0.003 times |
| 28 Tue Feb 2023 | 27.90 | 27.90 | 27.90 | 27.90 | 1.442 times |
| 24 Fri Feb 2023 | 26.60 | 27.90 | 27.90 | 26.60 | 1.807 times |
| 23 Thu Feb 2023 | 27.90 | 27.95 | 29.45 | 27.90 | 1.975 times |
| 22 Wed Feb 2023 | 29.35 | 29.35 | 29.35 | 29.35 | 0.016 times |
| 20 Mon Feb 2023 | 30.85 | 30.90 | 30.90 | 30.85 | 1.065 times |
Stock of Shremetal (Shremetal) has showed a significant upmove. This could be a good time to enter in this stock!
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 27.2 as stoploss in an intra day buy trade for a target of 29.83. However, stock will show a bearish move below 27.2.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 25.40 |
| Downside Target | 26.50 |
| Upside Target | 27.90 |
| Upside Target | 29.05 |
| Upside Target | 29.50 |
| Upside Target | 30.90 |
| Upside Target | 32.25 |
| Upside Target | 34.30 |
| Upside Target | 34.35 |
| Upside Target | 37.40 |
| Upside Target | 37.90 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 26.27 |
| Downside Intraday Target | 25.05 |
| Upside Intraday Target | 28.11 |
| Upside Intraday Target | 28.73 |
| Downside Intraday Target | 26.89 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon Mar 2023 | 27.50 | 26.00 | 27.50 | 25.66 | 1.667 times |
| 17 Fri Mar 2023 | 27.00 | 26.52 | 27.00 | 26.52 | 0.901 times |
| 10 Fri Mar 2023 | 26.52 | 27.90 | 27.90 | 26.52 | 0.299 times |
| 24 Fri Feb 2023 | 26.60 | 30.90 | 30.90 | 26.60 | 1.157 times |
| 17 Fri Feb 2023 | 29.50 | 34.30 | 34.30 | 29.50 | 0.915 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 |
| 20 Mon Mar 2023 | 27.50 | 26.52 | 27.50 | 25.66 | 0.229 times |
| 28 Tue Feb 2023 | 27.90 | 28.55 | 34.35 | 26.60 | 0.599 times |
| 31 Tue Jan 2023 | 30.00 | 29.05 | 37.90 | 29.05 | 0.942 times |
| 30 Fri Dec 2022 | 30.50 | 29.65 | 32.25 | 25.40 | 0.67 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 20, 49, 43 | Sell |
| MACD | -2, -2 | Sell |
| Stochastics | 15 | Sell |
| CCI | -46 | Buy |
| RSI | 47 | Sell |
| OBV | 193 | Sell |
| VWAP | 28 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Shremetal ( (Shremetal) ) based on a short to mid 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 mid to longer term time period is
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Shremetal in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 27.77 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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