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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 2025-02-21 View latest technical analysis

10 day averaged volume of Shyam Metalics is 261365

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	728.65	715.60	731.25	706.70	1.044 times
20 Thu Feb 2025	716.35	699.00	717.80	689.85	1.065 times
19 Wed Feb 2025	692.80	715.00	726.90	673.50	1.444 times
18 Tue Feb 2025	723.20	723.00	726.00	691.65	1.254 times
17 Mon Feb 2025	722.65	722.70	732.50	707.90	0.646 times
14 Fri Feb 2025	733.70	735.15	745.00	706.75	0.851 times
13 Thu Feb 2025	739.80	733.70	743.45	723.30	0.427 times
12 Wed Feb 2025	729.80	735.00	735.30	699.55	1.278 times
11 Tue Feb 2025	738.70	752.00	753.10	730.10	0.739 times
10 Mon Feb 2025	760.80	770.00	781.00	752.55	0.538 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 719.6 as stoploss in an intra day buy trade for a target of 745.08. However, stock will show a bearish move below 719.6.

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	673.50
Downside Target	696.35
Upside Target	732.50
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	690.6
Downside Intraday Target	652.55
Upside Intraday Target	749.6
Upside Intraday Target	770.55
Downside Intraday Target	711.55

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Feb 2025	728.65	722.70	732.50	673.50	1.423 times
14 Fri Feb 2025	733.70	770.00	781.00	699.55	0.72 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

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
21 Fri Feb 2025	728.65	769.70	794.80	673.50	0.265 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shyam Metalics ( (SHYAMMETL) ) based on a short 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 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. Bears are weakening, and bulls 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 but BUY signal is weak.

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

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 724.31 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.