(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 2024-10-18 View latest technical analysis
10 day averaged volume of Shremetal is 1874
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 38.38 | 36.25 | 40.70 | 36.25 | 0.419 times |
| 17 Thu Oct 2024 | 38.00 | 37.85 | 41.90 | 37.85 | 0.496 times |
| 16 Wed Oct 2024 | 37.10 | 38.22 | 38.22 | 37.05 | 3.452 times |
| 15 Tue Oct 2024 | 38.22 | 45.00 | 45.00 | 36.01 | 0.869 times |
| 11 Fri Oct 2024 | 38.76 | 37.00 | 38.76 | 35.00 | 0.247 times |
| 10 Thu Oct 2024 | 40.40 | 40.50 | 40.50 | 40.40 | 0.207 times |
| 09 Wed Oct 2024 | 40.50 | 40.79 | 40.79 | 37.00 | 0.12 times |
| 08 Tue Oct 2024 | 40.80 | 40.92 | 40.92 | 40.80 | 0.059 times |
| 03 Thu Oct 2024 | 40.94 | 40.88 | 42.00 | 39.98 | 1.383 times |
| 01 Tue Oct 2024 | 40.44 | 39.55 | 40.95 | 39.55 | 2.674 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 37.9 as stoploss in an intra day buy trade for a target of 39.95. However, stock will show a bearish move below 37.9.
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 32.22 |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.01 |
| Downside Target | 38.00 |
| Upside Target | 39.66 |
| Upside Target | 40.92 |
| Upside Target | 42.50 |
| Upside Target | 44.80 |
| Upside Target | 45.00 |
| Upside Target | 50.57 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 34.59 |
| Downside Intraday Target | 30.81 |
| Upside Intraday Target | 43.58 |
| Upside Intraday Target | 48.79 |
| Upside Intraday Target | 39.8 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Oct 2024 | 38.38 | 45.00 | 45.00 | 36.01 | 8.273 times |
| 11 Fri Oct 2024 | 38.76 | 40.92 | 40.92 | 35.00 | 0.139 times |
| 03 Thu Oct 2024 | 40.94 | 38.00 | 42.00 | 38.00 | 0.313 times |
| 27 Fri Sep 2024 | 40.00 | 38.68 | 41.73 | 36.31 | 0.19 times |
| 20 Fri Sep 2024 | 38.68 | 38.50 | 50.57 | 36.55 | 16.022 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 |
| 18 Fri Oct 2024 | 38.38 | 39.55 | 45.00 | 35.00 | 0.103 times |
| 30 Mon Sep 2024 | 39.50 | 37.91 | 50.57 | 36.11 | 14.601 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 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 38.91 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Shremetal ( (Shremetal) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Shremetal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.
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 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 38.91 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 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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