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(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 2024-04-03 View latest technical analysis

10 day averaged volume of Shremetal is 402

Date Daily Closing Price Open High Low Volume
03 Wed Apr 2024 30.70 30.17 30.74 29.29 1.736 times
02 Tue Apr 2024 29.29 28.46 29.29 26.52 0.368 times
01 Mon Apr 2024 27.90 27.43 30.29 27.43 0.505 times
28 Thu Mar 2024 28.86 28.00 30.00 27.18 5.301 times
27 Wed Mar 2024 28.59 30.10 31.00 28.57 1.149 times
26 Tue Mar 2024 30.07 28.65 30.07 28.65 0.301 times
22 Fri Mar 2024 28.65 28.55 30.00 28.55 0.649 times
21 Thu Mar 2024 30.00 32.90 32.90 30.00 0.027 times
20 Wed Mar 2024 31.35 32.80 32.80 31.21 1.388 times
19 Tue Mar 2024 32.85 32.85 32.85 32.85 0.002 times

My analysis of stock is bearish for shortterm, and stock might move down till 29.1 or till 27.1. Use a stoploss of 30.72 and if the stock hits stoploss, then it can shoot up till 32.39

Share price targets for Shremetal (Shremetal)

Target Type Value
Downside Target 26.52
Downside Target 27.18
Downside Target 28.55
Downside Target 30.00
Upside Target 32.30
Upside Target 32.95
Upside Target 34.22
Upside Target 34.90
Upside Target 36.98
Upside Target 38.30
Upside Target 38.80

Intraday share price targets for Shremetal (Shremetal)

Target Type Value
Downside Intraday Target 27.9
Downside Intraday Target 25.1
Upside Intraday Target 32.12
Upside Intraday Target 33.54
Downside Intraday Target 29.32

Weekly technical analysis of Shremetal (Shremetal)

Date Weekly Closing Price Open High Low Volume
03 Wed Apr 2024 30.70 27.43 30.74 26.52 0.387 times
28 Thu Mar 2024 28.86 28.65 31.00 27.18 2.851 times
22 Fri Mar 2024 28.65 31.49 32.95 28.55 0.403 times
15 Fri Mar 2024 31.49 31.74 34.22 28.70 1.577 times
07 Thu Mar 2024 33.39 33.59 34.90 30.30 0.37 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
03 Wed Apr 2024 30.70 27.43 30.74 26.52 0.131 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
31 Wed Jan 2024 35.15 37.50 38.80 32.30 4.342 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 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 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 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 losing momentum.

MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 29.41 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 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 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 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 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 losing momentum.

MACD generated a SELL signal for Shremetal in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 29.41 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 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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