(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 2024-05-27 View latest technical analysis
10 day averaged volume of Shremetal is 1443
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 35.76 | 37.00 | 37.00 | 35.63 | 1.829 times |
| 24 Fri May 2024 | 37.50 | 37.69 | 37.69 | 35.11 | 1.844 times |
| 23 Thu May 2024 | 36.95 | 37.79 | 37.80 | 36.95 | 1.57 times |
| 22 Wed May 2024 | 36.00 | 34.21 | 36.00 | 34.16 | 2.082 times |
| 21 Tue May 2024 | 35.92 | 35.94 | 35.94 | 35.89 | 1.511 times |
| 18 Sat May 2024 | 34.23 | 34.81 | 36.53 | 33.15 | 0.378 times |
| 17 Fri May 2024 | 34.81 | 35.50 | 36.00 | 34.81 | 0.049 times |
| 15 Wed May 2024 | 36.64 | 34.01 | 36.64 | 33.21 | 0.079 times |
| 14 Tue May 2024 | 34.95 | 35.05 | 35.05 | 34.95 | 0.036 times |
| 13 Mon May 2024 | 34.20 | 34.20 | 34.20 | 33.00 | 0.325 times |
My analysis of stock is bearish for shortterm, and stock might move down till 34.2 or till 31.5. Use a stoploss of 36.41 and if the stock hits stoploss, then it can shoot up till 38.64
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 26.52 |
| Downside Target | 27.18 |
| Downside Target | 30.00 |
| Downside Target | 31.75 |
| Downside Target | 33.00 |
| Downside Target | 34.16 |
| Downside Target | 34.90 |
| Downside Target | 35.63 |
| Upside Target | 36.64 |
| Upside Target | 38.80 |
| Upside Target | 39.92 |
| Upside Target | 40.00 |
| Upside Target | 43.69 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 35.26 |
| Downside Intraday Target | 34.76 |
| Upside Intraday Target | 36.63 |
| Upside Intraday Target | 37.5 |
| Upside Intraday Target | 36.13 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon May 2024 | 35.76 | 37.00 | 37.00 | 35.63 | 0.261 times |
| 24 Fri May 2024 | 37.50 | 35.94 | 37.80 | 34.16 | 8.084 times |
| 18 Sat May 2024 | 34.23 | 34.20 | 36.64 | 33.00 | 0.15 times |
| 10 Fri May 2024 | 33.02 | 37.01 | 39.92 | 31.75 | 1.253 times |
| 03 Fri May 2024 | 38.95 | 43.69 | 43.69 | 37.60 | 0.438 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 |
| 27 Mon May 2024 | 35.76 | 39.00 | 40.00 | 31.75 | 0.339 times |
| 30 Tue Apr 2024 | 39.00 | 27.43 | 46.26 | 26.52 | 8.414 times |
| 28 Thu Mar 2024 | 28.86 | 32.00 | 34.90 | 27.18 | 0.295 times |
| 29 Thu Feb 2024 | 32.00 | 36.89 | 38.30 | 30.00 | 0.574 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 36.25 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 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 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 short 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 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 gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down
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 36.25 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 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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