(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 2024-03-15 View latest technical analysis
10 day averaged volume of Shremetal is 436
Date | Daily Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 31.49 | 31.49 | 31.49 | 31.49 | 0.005 times |
14 Thu Mar 2024 | 30.00 | 29.18 | 30.00 | 29.18 | 0.466 times |
13 Wed Mar 2024 | 29.18 | 31.70 | 31.70 | 28.70 | 3.782 times |
12 Tue Mar 2024 | 30.20 | 31.75 | 31.75 | 30.20 | 0.186 times |
11 Mon Mar 2024 | 31.75 | 31.74 | 34.22 | 31.74 | 0.984 times |
07 Thu Mar 2024 | 33.39 | 30.40 | 33.43 | 30.30 | 0.649 times |
06 Wed Mar 2024 | 31.85 | 33.40 | 33.40 | 31.85 | 0.729 times |
05 Tue Mar 2024 | 33.49 | 30.35 | 33.51 | 30.35 | 1.261 times |
04 Mon Mar 2024 | 31.93 | 33.59 | 34.90 | 31.92 | 0.798 times |
02 Sat Mar 2024 | 33.59 | 33.59 | 33.59 | 33.59 | 0.002 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 30.9 as stoploss in an intra day buy trade for a target of 32.19. However, stock will show a bearish move below 30.9.
Share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Target | 28.70 |
Downside Target | 30.00 |
Upside Target | 31.51 |
Upside Target | 33.59 |
Upside Target | 34.90 |
Upside Target | 35.65 |
Upside Target | 36.25 |
Upside Target | 36.98 |
Upside Target | 37.00 |
Upside Target | 38.30 |
Upside Target | 38.80 |
Intraday share price targets for Shremetal (Shremetal)
Target Type | Value |
Downside Intraday Target | 28.72 |
Downside Intraday Target | 25.95 |
Upside Intraday Target | 34.24 |
Upside Intraday Target | 36.99 |
Downside Intraday Target | 31.47 |
Weekly technical analysis of Shremetal (Shremetal)
Date | Weekly Closing Price | Open | High | Low | Volume |
15 Fri Mar 2024 | 31.49 | 31.74 | 34.22 | 28.70 | 1.577 times |
07 Thu Mar 2024 | 33.39 | 33.59 | 34.90 | 30.30 | 0.37 times |
02 Sat Mar 2024 | 33.59 | 31.21 | 33.59 | 30.00 | 0.799 times |
23 Fri Feb 2024 | 32.62 | 37.00 | 37.00 | 31.51 | 1.303 times |
16 Fri Feb 2024 | 35.35 | 35.65 | 35.65 | 32.00 | 0.363 times |
Price has moved down 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 |
15 Fri Mar 2024 | 31.49 | 32.00 | 34.90 | 28.70 | 0.16 times |
29 Thu Feb 2024 | 32.00 | 36.89 | 38.30 | 30.00 | 0.574 times |
31 Wed Jan 2024 | 35.15 | 37.50 | 38.80 | 32.30 | 4.342 times |
29 Fri Dec 2023 | 35.99 | 30.00 | 36.98 | 30.00 | 0.384 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong and stock is losing 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 but selling is losing 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 30.92 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shremetal stock for short term is SELL. Signal strength is Strong and stock is losing 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 but selling is losing 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 30.92 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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