(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 2024-03-22 View latest technical analysis
10 day averaged volume of Shyam Metalics is 1143461
Date | Daily Closing Price | Open | High | Low | Volume |
22 Fri Mar 2024 | 599.30 | 594.40 | 609.00 | 580.70 | 0.953 times |
21 Thu Mar 2024 | 589.25 | 571.35 | 600.00 | 571.35 | 1.114 times |
20 Wed Mar 2024 | 572.35 | 572.20 | 582.10 | 564.10 | 0.82 times |
19 Tue Mar 2024 | 574.00 | 579.00 | 583.30 | 566.55 | 0.456 times |
18 Mon Mar 2024 | 579.35 | 560.20 | 583.15 | 560.20 | 1.294 times |
15 Fri Mar 2024 | 563.45 | 544.75 | 570.00 | 542.05 | 0.928 times |
14 Thu Mar 2024 | 547.35 | 541.00 | 566.00 | 530.95 | 1.022 times |
13 Wed Mar 2024 | 544.30 | 592.50 | 592.80 | 511.20 | 1.719 times |
12 Tue Mar 2024 | 587.55 | 596.85 | 608.00 | 584.05 | 1.001 times |
11 Mon Mar 2024 | 596.85 | 640.20 | 642.15 | 590.25 | 1.27 times |
My analysis of stock is bearish for shortterm, and stock might move down till 571.4 or till 520.1. Use a stoploss of 614.2 and if the stock hits stoploss, then it can shoot up till 656.96
Share price targets for Shyam Metalics (SHYAMMETL)
Target Type | Value |
Downside Target | 424.90 |
Downside Target | 461.95 |
Downside Target | 483.90 |
Downside Target | 511.20 |
Downside Target | 560.20 |
Upside Target | 609.00 |
Upside Target | 642.15 |
Upside Target | 678.95 |
Upside Target | 688.50 |
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 | 570 |
Downside Intraday Target | 540.7 |
Upside Intraday Target | 618.8 |
Upside Intraday Target | 638.3 |
Downside Intraday Target | 589.5 |
Weekly technical analysis of Shyam Metalics (SHYAMMETL)
Date | Weekly Closing Price | Open | High | Low | Volume |
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 |
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 |
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 |
22 Fri Mar 2024 | 599.30 | 656.00 | 692.70 | 511.20 | 1.285 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Shyam Metalics in short term and the sell signal is strong.
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 stronger in this stock.
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 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 574.11 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 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 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 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Shyam Metalics in short term and the sell signal is strong.
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 stronger in this stock.
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 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 574.11 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 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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