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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 2025-02-28 View latest technical analysis

10 day averaged volume of Shyam Metalics is 228973

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	711.35	705.00	716.00	696.50	0.958 times
27 Thu Feb 2025	712.50	710.50	716.00	699.60	0.74 times
25 Tue Feb 2025	713.25	713.90	724.80	700.05	1.019 times
24 Mon Feb 2025	721.75	725.45	727.85	711.20	0.559 times
21 Fri Feb 2025	728.65	715.60	731.25	706.70	1.192 times
20 Thu Feb 2025	716.35	699.00	717.80	689.85	1.215 times
19 Wed Feb 2025	692.80	715.00	726.90	673.50	1.648 times
18 Tue Feb 2025	723.20	723.00	726.00	691.65	1.432 times
17 Mon Feb 2025	722.65	722.70	732.50	707.90	0.737 times
14 Fri Feb 2025	733.70	735.15	745.00	706.75	0.971 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 712.9, but if it comes above 712.9, then a intra day buy could be more profitable.
If you take a sell trade below 712.9, then use 712.9 as stoploss and 681.1 as target. However if you take a buy trade in stock , then use 712.9 as stoploss and 739.44 as target.

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	695.95
Downside Intraday Target	680.55
Upside Intraday Target	727.3
Upside Intraday Target	743.25
Upside Intraday Target	711.9

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Feb 2025	711.35	725.45	727.85	696.50	0.526 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
28 Fri Feb 2025	711.35	769.70	794.80	673.50	0.317 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 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 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 red color and prices are below 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shyam Metalics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 716.29 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.