(SHYAMMETL) Shyam Metalics complete technical analysis [charts+indicators] | Buy/Sell Shyam Metalics | (SHYAMMETL) share price targets
Complete technical analysis of Shyam Metalics (SHYAMMETL) by charts plus indicators, forecast predictions and share price targets for Shyam Metalics (SHYAMMETL)
Showing technical analysis as on 2024-03-07 View latest technical analysis
10 day averaged volume of Shyam Metalics is 843805
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 640.20 | 632.05 | 646.00 | 630.50 | 0.509 times |
06 Wed Mar 2024 | 629.50 | 650.10 | 653.40 | 622.55 | 1.094 times |
05 Tue Mar 2024 | 654.35 | 660.00 | 667.05 | 647.80 | 1.11 times |
04 Mon Mar 2024 | 663.85 | 687.00 | 688.50 | 662.00 | 0.625 times |
02 Sat Mar 2024 | 688.50 | 674.00 | 692.70 | 670.00 | 0.425 times |
01 Fri Mar 2024 | 671.50 | 656.00 | 682.90 | 634.30 | 2.961 times |
29 Thu Feb 2024 | 649.90 | 624.50 | 658.60 | 622.00 | 1.616 times |
28 Wed Feb 2024 | 627.30 | 650.60 | 653.30 | 624.00 | 0.49 times |
27 Tue Feb 2024 | 648.50 | 653.15 | 662.95 | 646.65 | 0.403 times |
26 Mon Feb 2024 | 656.55 | 665.15 | 671.90 | 653.60 | 0.474 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 642.5, but if it comes above 642.5, then a intra day buy could be more profitable.
If you take a sell trade below 642.5, then use 642.5 as stoploss and 624.8 as target. However if you take a buy trade in stock , then use 642.5 as stoploss and 657.26 as target.
Share price targets for Shyam Metalics (SHYAMMETL)
Target Type | Value |
Downside Target | 424.90 |
Downside Target | 461.95 |
Downside Target | 483.90 |
Downside Target | 620.20 |
Upside Target | 678.95 |
Upside Target | 688.50 |
Upside Target | 692.70 |
Upside Target | 702.85 |
Upside Target | 719.90 |
Upside Target | 720.45 |
Upside Target | 737.80 |
Intraday share price targets for Shyam Metalics (SHYAMMETL)
Target Type | Value |
Downside Intraday Target | 612.33 |
Downside Intraday Target | 584.47 |
Upside Intraday Target | 678.28 |
Upside Intraday Target | 716.37 |
Upside Intraday Target | 650.42 |
Weekly technical analysis of Shyam Metalics (SHYAMMETL)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 640.20 | 687.00 | 688.50 | 622.55 | 0.524 times |
02 Sat Mar 2024 | 688.50 | 665.15 | 692.70 | 622.00 | 2.125 times |
23 Fri Feb 2024 | 664.60 | 673.90 | 678.95 | 630.15 | 0.946 times |
16 Fri Feb 2024 | 671.40 | 682.05 | 702.85 | 643.65 | 0.739 times |
09 Fri Feb 2024 | 682.05 | 710.00 | 719.90 | 651.65 | 0.37 times |
Price has moved down 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 Shyam Metalics (SHYAMMETL)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Mar 2024 | 640.20 | 656.00 | 692.70 | 622.55 | 0.41 times |
29 Thu Feb 2024 | 649.90 | 705.90 | 720.45 | 622.00 | 0.308 times |
31 Wed Jan 2024 | 704.80 | 636.00 | 737.80 | 620.20 | 1.174 times |
29 Fri Dec 2023 | 627.80 | 470.50 | 633.70 | 461.95 | 3.044 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 Shyam Metalics (SHYAMMETL)
Price action analysis of Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shyam Metalics in short term but the sell signal is initial and weak.
Shyam Metalics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shyam Metalics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Shyam Metalics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 655.91 and Shyam Metalics (SHYAMMETL) 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 Shyam Metalics (SHYAMMETL) stock. Volume based technical analysis of Shyam Metalics (SHYAMMETL) stock is negative.
Shyam Metalics 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Shyam Metalics in short term but the sell signal is initial and weak.
Shyam Metalics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Shyam Metalics in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 Shyam Metalics is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 655.91 and Shyam Metalics (SHYAMMETL) 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 Shyam Metalics (SHYAMMETL) stock. Volume based technical analysis of Shyam Metalics (SHYAMMETL) stock is negative.
Shyam Metalics 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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Daily charts
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