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(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 2025-01-21 View latest technical analysis

10 day averaged volume of Shremetal is 2140

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	45.61	47.47	47.47	44.00	2.26 times
20 Mon Jan 2025	45.50	46.25	46.25	42.15	0.315 times
17 Fri Jan 2025	44.05	46.00	46.00	44.00	0.34 times
16 Thu Jan 2025	46.25	46.70	46.70	46.00	0.157 times
15 Wed Jan 2025	44.56	46.80	49.00	44.50	0.766 times
14 Tue Jan 2025	46.80	49.00	49.00	45.03	1.79 times
13 Mon Jan 2025	47.39	48.00	52.00	47.37	0.795 times
10 Fri Jan 2025	49.86	51.49	51.49	47.00	0.21 times
09 Thu Jan 2025	49.20	48.04	49.99	48.04	0.691 times
07 Tue Jan 2025	48.28	49.50	49.50	47.50	0.796 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 trade for tomorrow is selective. Take a sell trade only if stock stays below 45.7, but if it comes above 45.7, then a intra day buy could be more profitable.
If you take a sell trade below 45.7, then use 45.7 as stoploss and 43.9 as target. However if you take a buy trade in stock , then use 45.7 as stoploss and 47.13 as target.

Share price targets for Shremetal (Shremetal)

Target Type	Value
Downside Target	35.00
Downside Target	36.11
Downside Target	37.10
Downside Target	42.15
Downside Target	44.00
Upside Target	47.47
Upside Target	49.50
Upside Target	50.57
Upside Target	51.20
Upside Target	51.49
Upside Target	52.00
Upside Target	59.00

Intraday share price targets for Shremetal (Shremetal)

Target Type	Value
Downside Intraday Target	42.68
Downside Intraday Target	39.76
Upside Intraday Target	48
Upside Intraday Target	50.4
Downside Intraday Target	45.08

Weekly technical analysis of Shremetal (Shremetal)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Jan 2025	45.61	46.25	47.47	42.15	0.669 times
17 Fri Jan 2025	44.05	48.00	52.00	44.00	0.66 times
10 Fri Jan 2025	49.86	45.61	51.49	45.61	5.101 times
03 Fri Jan 2025	48.00	47.95	49.50	45.50	0.706 times
27 Fri Dec 2024	47.95	47.24	49.50	44.66	0.572 times

Price has moved up 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
21 Tue Jan 2025	45.61	47.55	52.00	42.15	0.832 times
31 Tue Dec 2024	48.50	50.82	51.20	42.48	0.067 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

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 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 Weak and stock is losing 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 weakening, and bulls 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 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 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 46.57 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.