Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-03-07 View latest technical analysis

10 day averaged volume of Shyam Metalics is 231649

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	824.20	758.30	829.00	755.40	8.577 times
06 Thu Mar 2025	758.30	745.00	767.05	744.90	0.981 times
05 Wed Mar 2025	744.55	730.90	746.90	722.15	0.713 times
04 Tue Mar 2025	724.05	698.50	728.15	688.50	0.839 times
03 Mon Mar 2025	702.50	705.05	712.60	690.05	1.849 times
28 Fri Feb 2025	711.35	705.00	716.00	696.50	0.947 times
27 Thu Feb 2025	712.50	710.50	716.00	699.60	0.731 times
25 Tue Feb 2025	713.25	713.90	724.80	700.05	1.008 times
24 Mon Feb 2025	721.75	725.45	727.85	711.20	0.552 times
21 Fri Feb 2025	728.65	715.60	731.25	706.70	1.178 times

Stock of Shyam Metalics (SHYAMMETL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 797.8, for a target of 763 or 734.02

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	673.50
Downside Target	688.50
Downside Target	727.85
Downside Target	748.80
Downside Target	778.65
Downside Target	794.80
Upside Target	829.00
Upside Target	830.45
Upside Target	874.00
Upside Target	889.30

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	732.13
Downside Intraday Target	640.07
Upside Intraday Target	872.63
Upside Intraday Target	921.07
Downside Intraday Target	780.57

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	824.20	705.05	829.00	688.50	4.002 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	824.20	705.05	829.00	688.50	0.657 times
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

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 neutral. A longer time frame might give a better analysis.

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

ADX buy sell signal for Shyam Metalics stock for short term is BUY. Signal strength is Strong and stock is gaining 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 772.4 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 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.