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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 2025-02-06 View latest technical analysis

10 day averaged volume of Shyam Metalics is 415894

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	783.25	784.00	790.10	773.00	0.24 times
05 Wed Feb 2025	783.20	778.80	787.30	771.40	0.355 times
04 Tue Feb 2025	767.60	764.50	776.90	757.60	0.712 times
03 Mon Feb 2025	764.50	769.70	774.05	748.80	0.932 times
31 Fri Jan 2025	763.40	776.25	783.00	748.95	1.732 times
30 Thu Jan 2025	779.60	740.15	790.60	739.35	1.606 times
29 Wed Jan 2025	739.25	720.00	743.75	715.15	0.506 times
28 Tue Jan 2025	717.55	736.00	750.45	696.35	1.954 times
27 Mon Jan 2025	735.30	775.00	775.00	725.80	1.19 times
24 Fri Jan 2025	775.75	792.00	803.50	769.30	0.748 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 795 as stoploss in an intra day sell trade for a target of 770.62. However, stock will show a bullish move above 795.

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	758
Downside Intraday Target	732.75
Upside Intraday Target	799.3
Upside Intraday Target	815.35
Downside Intraday Target	774.05

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Feb 2025	783.25	769.70	790.10	748.80	0.32 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
06 Thu Feb 2025	783.25	769.70	790.10	748.80	0.065 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 to mid 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 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 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 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 754.96 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.