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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 2025-05-15 View latest technical analysis

10 day averaged volume of Shyam Metalics is 403314

Date	Daily Closing Price	Open	High	Low	Volume
15 Thu May 2025	936.85	905.00	945.00	903.00	2.899 times
14 Wed May 2025	907.95	920.00	922.80	891.40	1.779 times
13 Tue May 2025	913.75	899.35	918.00	887.70	1.48 times
12 Mon May 2025	892.20	901.80	901.80	867.00	1.135 times
09 Fri May 2025	865.80	864.95	872.80	843.15	1.392 times
08 Thu May 2025	879.90	872.80	909.00	872.35	1.184 times
07 Wed May 2025	876.55	874.00	883.05	852.00	0.818 times
06 Tue May 2025	880.00	880.95	886.75	871.55	0.547 times
05 Mon May 2025	880.95	856.00	887.10	856.00	0.572 times
02 Fri May 2025	859.30	860.00	867.50	848.00	0.397 times

Stock of Shyam Metalics (SHYAMMETL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 933.8, for a target of 910.2 or 890.43

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	673.50
Downside Target	688.50
Downside Target	745.00
Downside Target	794.80
Downside Target	830.45
Downside Target	865.00
Downside Target	891.40
Downside Target	905.00
Downside Target	909.00
Downside Target	919.90
Downside Target	924.00
Upside Target	945.00

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	887.57
Downside Intraday Target	838.28
Upside Intraday Target	965.57
Upside Intraday Target	994.28
Downside Intraday Target	916.28

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Thu May 2025	936.85	901.80	945.00	867.00	1.616 times
09 Fri May 2025	865.80	856.00	909.00	843.15	2.061 times
02 Fri May 2025	859.30	886.50	891.40	848.00	0.757 times
25 Fri Apr 2025	886.10	896.05	919.90	865.00	1.416 times
17 Thu Apr 2025	900.05	849.90	904.50	847.05	0.673 times

Price has moved up 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
15 Thu May 2025	936.85	860.00	945.00	843.15	0.638 times
30 Wed Apr 2025	860.85	844.95	924.00	745.00	0.785 times
28 Fri Mar 2025	853.30	705.05	905.00	688.50	2.15 times
28 Fri Feb 2025	711.35	769.70	794.80	673.50	0.317 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Shyam Metalics in short term and the buy signal is strong.

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

Shyam Metalics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 900.32 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 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 positive

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