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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 2025-02-11 View latest technical analysis

10 day averaged volume of Shyam Metalics is 394305

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	738.70	752.00	753.10	730.10	0.49 times
10 Mon Feb 2025	760.80	770.00	781.00	752.55	0.356 times
07 Fri Feb 2025	781.45	783.00	794.80	762.20	1.166 times
06 Thu Feb 2025	783.25	784.00	790.10	773.00	0.253 times
05 Wed Feb 2025	783.20	778.80	787.30	771.40	0.374 times
04 Tue Feb 2025	767.60	764.50	776.90	757.60	0.751 times
03 Mon Feb 2025	764.50	769.70	774.05	748.80	0.983 times
31 Fri Jan 2025	763.40	776.25	783.00	748.95	1.827 times
30 Thu Jan 2025	779.60	740.15	790.60	739.35	1.694 times
29 Wed Jan 2025	739.25	720.00	743.75	715.15	0.534 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 744.7, but if it comes above 744.7, then a intra day buy could be more profitable.
If you take a sell trade below 744.7, then use 744.7 as stoploss and 714.8 as target. However if you take a buy trade in stock , then use 744.7 as stoploss and 769.66 as target.

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	696.35
Downside Target	730.10
Upside Target	748.80
Upside Target	766.60
Upside Target	794.80
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	718.87
Downside Intraday Target	699.03
Upside Intraday Target	769.77
Upside Intraday Target	800.83
Upside Intraday Target	749.93

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Feb 2025	738.70	770.00	781.00	730.10	0.24 times
07 Fri Feb 2025	781.45	769.70	794.80	748.80	0.479 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

Price has moved down 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
11 Tue Feb 2025	738.70	769.70	794.80	730.10	0.12 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 gaining momentum.

MACD generated a SELL signal for Shyam Metalics in short term and the sell signal is strong.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shyam Metalics in short term and SELL 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 768.06 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 positive

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