(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 2024-09-25 View latest technical analysis
10 day averaged volume of Shremetal is 17509
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed Sep 2024 | 39.13 | 40.00 | 41.00 | 38.80 | 0.16 times |
| 24 Tue Sep 2024 | 40.08 | 37.91 | 41.73 | 37.91 | 0.754 times |
| 23 Mon Sep 2024 | 37.94 | 38.68 | 39.88 | 36.31 | 0.607 times |
| 20 Fri Sep 2024 | 38.68 | 40.00 | 40.00 | 36.55 | 0.622 times |
| 19 Thu Sep 2024 | 39.77 | 44.45 | 44.45 | 39.51 | 1.109 times |
| 18 Wed Sep 2024 | 43.90 | 45.98 | 50.57 | 43.49 | 2.071 times |
| 17 Tue Sep 2024 | 45.98 | 40.92 | 46.15 | 40.92 | 4.224 times |
| 16 Mon Sep 2024 | 41.96 | 38.50 | 43.00 | 38.50 | 0.14 times |
| 13 Fri Sep 2024 | 39.22 | 41.90 | 42.99 | 38.00 | 0.157 times |
| 12 Thu Sep 2024 | 39.15 | 40.80 | 40.80 | 36.58 | 0.058 times |
My analysis of stock is bearish for shortterm, and stock might move down till 37.8 or till 35.4. Use a stoploss of 39.85 and if the stock hits stoploss, then it can shoot up till 41.88
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 31.75 |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.11 |
| Upside Target | 39.66 |
| Upside Target | 41.73 |
| Upside Target | 41.90 |
| Upside Target | 42.50 |
| Upside Target | 42.99 |
| Upside Target | 44.80 |
| Upside Target | 50.57 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 36.38 |
| Downside Intraday Target | 33.64 |
| Upside Intraday Target | 41.8 |
| Upside Intraday Target | 44.48 |
| Downside Intraday Target | 39.06 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed Sep 2024 | 39.13 | 38.68 | 41.73 | 36.31 | 0.186 times |
| 20 Fri Sep 2024 | 38.68 | 38.50 | 50.57 | 36.55 | 16.022 times |
| 13 Fri Sep 2024 | 39.22 | 37.43 | 42.99 | 36.58 | 9.218 times |
| 06 Fri Sep 2024 | 37.05 | 37.91 | 40.00 | 36.11 | 0.114 times |
| 30 Fri Aug 2024 | 38.68 | 40.00 | 41.90 | 35.00 | 5.972 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 |
| 25 Wed Sep 2024 | 39.13 | 37.91 | 50.57 | 36.11 | 14.48 times |
| 30 Fri Aug 2024 | 38.68 | 40.40 | 44.80 | 35.00 | 0.49 times |
| 31 Wed Jul 2024 | 40.40 | 36.72 | 42.50 | 34.22 | 1.805 times |
| 28 Fri Jun 2024 | 36.00 | 34.00 | 39.66 | 32.22 | 0.492 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 and the buying is gaining 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 43.13 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 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 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 and the buying is gaining 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 43.13 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 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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