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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 2025-02-24 View latest technical analysis

10 day averaged volume of Shyam Metalics is 242665

Date	Daily Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	721.75	725.45	727.85	711.20	0.527 times
21 Fri Feb 2025	728.65	715.60	731.25	706.70	1.125 times
20 Thu Feb 2025	716.35	699.00	717.80	689.85	1.147 times
19 Wed Feb 2025	692.80	715.00	726.90	673.50	1.555 times
18 Tue Feb 2025	723.20	723.00	726.00	691.65	1.351 times
17 Mon Feb 2025	722.65	722.70	732.50	707.90	0.695 times
14 Fri Feb 2025	733.70	735.15	745.00	706.75	0.916 times
13 Thu Feb 2025	739.80	733.70	743.45	723.30	0.46 times
12 Wed Feb 2025	729.80	735.00	735.30	699.55	1.376 times
11 Tue Feb 2025	738.70	752.00	753.10	730.10	0.796 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 718.5 as stoploss in an intra day buy trade for a target of 744.4. However, stock will show a bearish move below 718.5.

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	673.50
Downside Target	696.35
Upside Target	727.85
Upside Target	748.80
Upside Target	775.00
Upside Target	790.60
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	712.68
Downside Intraday Target	703.62
Upside Intraday Target	729.33
Upside Intraday Target	736.92
Downside Intraday Target	720.27

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Mon Feb 2025	721.75	725.45	727.85	711.20	0.09 times
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

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
24 Mon Feb 2025	721.75	769.70	794.80	673.50	0.274 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Shyam Metalics ( (SHYAMMETL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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.

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 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 but selling is losing 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 722.05 and Shyam Metalics (SHYAMMETL) stock is trading below this level. This means that stock is falling with high volumes. 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.