(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 2024-11-01 View latest technical analysis
10 day averaged volume of Shremetal is 2419
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 45.07 | 40.75 | 48.00 | 40.75 | 2.427 times |
| 31 Thu Oct 2024 | 40.75 | 41.00 | 41.00 | 40.70 | 4.038 times |
| 30 Wed Oct 2024 | 40.86 | 41.99 | 41.99 | 38.10 | 0.85 times |
| 29 Tue Oct 2024 | 39.80 | 38.00 | 39.80 | 37.00 | 0.523 times |
| 28 Mon Oct 2024 | 37.99 | 35.20 | 38.30 | 35.20 | 0.55 times |
| 25 Fri Oct 2024 | 37.34 | 40.10 | 40.10 | 35.05 | 1.465 times |
| 24 Thu Oct 2024 | 40.14 | 41.20 | 41.20 | 39.00 | 1.831 times |
| 23 Wed Oct 2024 | 39.89 | 39.90 | 39.90 | 38.80 | 0.074 times |
| 22 Tue Oct 2024 | 37.09 | 40.20 | 40.20 | 37.02 | 0.229 times |
| 21 Mon Oct 2024 | 40.40 | 38.38 | 41.00 | 38.00 | 0.115 times |
Stock of Shremetal (Shremetal) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 43.6, for a target of 41.5 or 39.64
Share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Target | 34.22 |
| Downside Target | 35.00 |
| Downside Target | 36.01 |
| Downside Target | 38.00 |
| Downside Target | 40.75 |
| Downside Target | 42.50 |
| Downside Target | 44.80 |
| Downside Target | 45.00 |
| Upside Target | 48.00 |
| Upside Target | 50.57 |
Intraday share price targets for Shremetal (Shremetal)
| Target Type | Value |
| Downside Intraday Target | 37.51 |
| Downside Intraday Target | 29.96 |
| Upside Intraday Target | 50.31 |
| Upside Intraday Target | 55.56 |
| Downside Intraday Target | 42.76 |
Weekly technical analysis of Shremetal (Shremetal)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 45.07 | 35.20 | 48.00 | 35.20 | 2.26 times |
| 25 Fri Oct 2024 | 37.34 | 38.38 | 41.20 | 35.05 | 0.915 times |
| 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 |
Price has moved up 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 |
| 01 Fri Nov 2024 | 45.07 | 40.75 | 48.00 | 40.75 | 0.14 times |
| 31 Thu Oct 2024 | 40.75 | 39.55 | 45.00 | 35.00 | 0.232 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 |
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 40.87 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Shremetal in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Shremetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shremetal in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 40.87 and Shremetal (Shremetal) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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