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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 2025-04-24 View latest technical analysis

10 day averaged volume of Shremetal is 1298

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	39.27	45.97	45.97	38.50	0.951 times
22 Tue Apr 2025	41.80	41.82	41.82	41.00	0.898 times
21 Mon Apr 2025	41.00	39.95	41.70	37.50	2.214 times
17 Thu Apr 2025	39.90	35.32	39.98	35.32	0.813 times
16 Wed Apr 2025	37.99	38.00	38.20	37.99	0.343 times
15 Tue Apr 2025	38.90	41.24	41.24	38.90	0.213 times
11 Fri Apr 2025	37.50	37.93	37.93	36.00	0.412 times
09 Wed Apr 2025	36.66	35.00	38.48	32.00	2.762 times
08 Tue Apr 2025	35.00	37.51	37.51	35.00	0.046 times
04 Fri Apr 2025	34.84	36.20	36.20	34.60	2.2 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 38.9, but if it comes below 38.9, then a intra day sell could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 36.17 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 42.3 as target.

Share price targets for Shremetal (Shremetal)

Target Type	Value
Downside Target	31.50
Downside Target	35.32
Downside Target	36.20
Downside Target	37.50
Downside Target	38.35
Upside Target	41.24
Upside Target	42.48
Upside Target	43.00
Upside Target	45.97
Upside Target	51.20
Upside Target	52.00
Upside Target	52.99

Intraday share price targets for Shremetal (Shremetal)

Target Type	Value
Downside Intraday Target	35.86
Downside Intraday Target	32.44
Upside Intraday Target	44.33
Upside Intraday Target	49.38
Upside Intraday Target	40.91

Weekly technical analysis of Shremetal (Shremetal)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	39.27	39.95	45.97	37.50	2.969 times
17 Thu Apr 2025	39.90	41.24	41.24	35.32	0.425 times
11 Fri Apr 2025	37.50	37.51	38.48	32.00	1.026 times
04 Fri Apr 2025	34.84	31.50	36.20	31.50	0.02 times
28 Fri Mar 2025	33.07	36.56	36.56	31.50	6.216 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
24 Thu Apr 2025	39.27	31.50	45.97	31.50	0.054 times
28 Fri Mar 2025	33.07	39.35	43.00	31.50	8.651 times
28 Fri Feb 2025	39.35	47.20	52.99	38.35	1.045 times
31 Fri Jan 2025	49.70	47.55	52.00	42.00	0.943 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shremetal in short term but the buy signal is initial and weak.

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 tired and bears 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 38.18 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.