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(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 2025-02-04 View latest technical analysis

10 day averaged volume of Shyam Metalics is 451839

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	767.60	764.50	776.90	757.60	0.656 times
03 Mon Feb 2025	764.50	769.70	774.05	748.80	0.858 times
31 Fri Jan 2025	763.40	776.25	783.00	748.95	1.595 times
30 Thu Jan 2025	779.60	740.15	790.60	739.35	1.478 times
29 Wed Jan 2025	739.25	720.00	743.75	715.15	0.466 times
28 Tue Jan 2025	717.55	736.00	750.45	696.35	1.799 times
27 Mon Jan 2025	735.30	775.00	775.00	725.80	1.095 times
24 Fri Jan 2025	775.75	792.00	803.50	769.30	0.688 times
23 Thu Jan 2025	796.75	801.05	804.45	789.25	0.244 times
22 Wed Jan 2025	800.95	825.05	827.00	782.65	0.897 times

My analysis of stock is bearish for shortterm, and stock might move down till 746.3 or till 717. Use a stoploss of 770.75 and if the stock hits stoploss, then it can shoot up till 795.18

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	696.35
Downside Target	734.00
Downside Target	748.80
Downside Target	766.60
Upside Target	790.60
Upside Target	812.40
Upside Target	830.45
Upside Target	874.00
Upside Target	889.30
Upside Target	945.00

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	751.97
Downside Intraday Target	736.33
Upside Intraday Target	780.07
Upside Intraday Target	792.53
Downside Intraday Target	764.43

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	767.60	769.70	776.90	748.80	0.235 times
31 Fri Jan 2025	763.40	775.00	790.60	696.35	1.551 times
24 Fri Jan 2025	775.75	771.00	830.45	766.60	1.208 times
17 Fri Jan 2025	771.00	779.70	782.60	734.00	0.556 times
10 Fri Jan 2025	784.40	784.00	812.40	628.25	0.455 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 Shyam Metalics (SHYAMMETL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	767.60	769.70	776.90	748.80	0.047 times
31 Fri Jan 2025	763.40	726.80	830.45	628.25	3.392 times
31 Tue Dec 2024	729.40	839.70	874.00	703.00	0.709 times
29 Fri Nov 2024	834.60	851.75	889.30	778.65	0.669 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 SELL. 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shyam Metalics in short term and BUY signal is strong.

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 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 758.64 and Shyam Metalics (SHYAMMETL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive

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