(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 2024-04-12 View latest technical analysis
10 day averaged volume of Shyam Metalics is 726535
Date | Daily Closing Price | Open | High | Low | Volume |
12 Fri Apr 2024 | 618.05 | 630.00 | 630.55 | 615.95 | 0.646 times |
10 Wed Apr 2024 | 630.10 | 640.00 | 658.90 | 625.00 | 3.271 times |
09 Tue Apr 2024 | 619.20 | 619.75 | 631.90 | 615.00 | 0.451 times |
08 Mon Apr 2024 | 618.30 | 625.05 | 633.60 | 615.00 | 0.583 times |
05 Fri Apr 2024 | 620.05 | 617.30 | 629.80 | 609.65 | 0.627 times |
04 Thu Apr 2024 | 617.30 | 619.40 | 621.10 | 608.25 | 0.538 times |
03 Wed Apr 2024 | 612.50 | 620.95 | 632.90 | 609.70 | 0.758 times |
02 Tue Apr 2024 | 622.80 | 623.00 | 629.50 | 615.95 | 0.383 times |
01 Mon Apr 2024 | 623.15 | 596.70 | 628.00 | 596.65 | 0.844 times |
28 Thu Mar 2024 | 591.35 | 611.90 | 612.65 | 583.85 | 0.78 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 622.9 as stoploss in an intra day sell trade for a target of 597.37. However, stock will show a bullish move above 622.9.
Share price targets for Shyam Metalics (SHYAMMETL)
Target Type | Value |
Downside Target | 461.95 |
Downside Target | 511.20 |
Downside Target | 560.20 |
Downside Target | 583.85 |
Downside Target | 596.65 |
Downside Target | 609.00 |
Upside Target | 633.70 |
Upside Target | 642.15 |
Upside Target | 658.90 |
Upside Target | 692.70 |
Upside Target | 720.45 |
Upside Target | 737.80 |
Intraday share price targets for Shyam Metalics (SHYAMMETL)
Target Type | Value |
Downside Intraday Target | 602.4 |
Downside Intraday Target | 586.75 |
Upside Intraday Target | 646.3 |
Upside Intraday Target | 674.55 |
Upside Intraday Target | 630.65 |
Weekly technical analysis of Shyam Metalics (SHYAMMETL)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Fri Apr 2024 | 618.05 | 625.05 | 658.90 | 615.00 | 1.571 times |
05 Fri Apr 2024 | 620.05 | 596.70 | 632.90 | 596.65 | 0.983 times |
28 Thu Mar 2024 | 591.35 | 606.40 | 624.00 | 583.85 | 0.439 times |
22 Fri Mar 2024 | 599.30 | 560.20 | 609.00 | 560.20 | 0.78 times |
15 Fri Mar 2024 | 563.45 | 640.20 | 642.15 | 511.20 | 2.411 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 Shyam Metalics (SHYAMMETL)
Date | Monthly Closing Price | Open | High | Low | Volume |
12 Fri Apr 2024 | 618.05 | 596.70 | 658.90 | 596.65 | 0.293 times |
28 Thu Mar 2024 | 591.35 | 656.00 | 692.70 | 511.20 | 1.453 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 |
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 Shyam Metalics (SHYAMMETL)
Price action analysis of Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shyam Metalics 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.
Shyam Metalics 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shyam Metalics in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shyam Metalics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 620.53 and Shyam Metalics (SHYAMMETL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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.
Price action analysis of Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics ( (SHYAMMETL) ) 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 Shyam Metalics stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Shyam Metalics 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.
Shyam Metalics 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Shyam Metalics in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Shyam Metalics is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 620.53 and Shyam Metalics (SHYAMMETL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 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.
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Daily charts
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