(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 2024-06-27 View latest technical analysis
10 day averaged volume of Shremetal is 236
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 35.65 | 35.64 | 37.99 | 35.64 | 10.042 times |
| 26 Wed Jun 2024 | 37.50 | 37.50 | 37.50 | 36.00 | 1.03 times |
| 25 Tue Jun 2024 | 37.62 | 37.62 | 37.62 | 37.62 | 0.424 times |
| 24 Mon Jun 2024 | 37.69 | 37.69 | 37.69 | 37.69 | 0.381 times |
| 21 Fri Jun 2024 | 37.69 | 37.69 | 37.69 | 37.69 | 0.381 times |
| 20 Thu Jun 2024 | 36.23 | 38.00 | 38.00 | 36.10 | 4.373 times |
| 19 Wed Jun 2024 | 38.00 | 38.66 | 38.66 | 38.00 | 0.585 times |
| 18 Tue Jun 2024 | 37.90 | 37.10 | 38.00 | 37.10 | 2.085 times |
| 14 Fri Jun 2024 | 39.00 | 39.66 | 39.66 | 39.00 | 0.331 times |
| 13 Thu Jun 2024 | 39.00 | 39.66 | 39.66 | 39.00 | 0.331 times |
Stock of Shremetal (Shremetal) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, and stock might move down till 34 or till 31.5. Use a stoploss of 36.03 and if the stock hits stoploss, then it can shoot up till 38.1
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 | 33.90 |
| Downside Target | 35.64 |
| Upside Target | 37.00 |
| Upside Target | 37.99 |
| Upside Target | 38.30 |
| Upside Target | 38.66 |
| Upside Target | 39.66 |
| Upside Target | 40.00 |
| Upside Target | 46.26 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 34.86 |
| Downside Intraday Target | 34.08 |
| Upside Intraday Target | 37.21 |
| Upside Intraday Target | 38.78 |
| Upside Intraday Target | 36.43 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Thu Jun 2024 | 35.65 | 37.69 | 37.99 | 35.64 | 1.6 times |
| 21 Fri Jun 2024 | 37.69 | 37.10 | 38.66 | 36.10 | 0.288 times |
| 14 Fri Jun 2024 | 39.00 | 33.23 | 39.66 | 32.22 | 2.112 times |
| 07 Fri Jun 2024 | 33.91 | 34.00 | 34.25 | 32.30 | 0.35 times |
| 31 Fri May 2024 | 33.91 | 37.00 | 37.00 | 33.90 | 0.812 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 |
| 27 Thu Jun 2024 | 35.65 | 34.00 | 39.66 | 32.22 | 0.474 times |
| 31 Fri May 2024 | 33.91 | 39.00 | 40.00 | 31.75 | 0.422 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 |
Scroll below to view daily charts
Price has moved up 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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shremetal in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 36.41 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.
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 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 to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shremetal in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing 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 36.41 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.
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