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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 2025-03-17 View latest technical analysis

10 day averaged volume of Shyam Metalics is 507211

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	817.05	829.75	836.00	801.00	0.631 times
13 Thu Mar 2025	825.35	821.00	831.00	810.00	0.549 times
12 Wed Mar 2025	818.95	806.65	821.00	801.00	0.537 times
11 Tue Mar 2025	802.60	805.00	810.55	785.00	0.935 times
10 Mon Mar 2025	816.20	827.95	841.95	808.25	1.628 times
07 Fri Mar 2025	824.20	758.30	829.00	755.40	3.917 times
06 Thu Mar 2025	758.30	745.00	767.05	744.90	0.448 times
05 Wed Mar 2025	744.55	730.90	746.90	722.15	0.326 times
04 Tue Mar 2025	724.05	698.50	728.15	688.50	0.383 times
03 Mon Mar 2025	702.50	705.05	712.60	690.05	0.845 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 796.5, but if it comes below 796.5, then a intra day sell could be more profitable.
If you take a sell trade below 796.5, then use 796.5 as stoploss and 750.5 as target. However if you take a buy trade in stock , then use 796.5 as stoploss and 851.6 as target.

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	778.65
Upside Target	829.00
Upside Target	830.45
Upside Target	836.00
Upside Target	841.95
Upside Target	874.00
Upside Target	889.30

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	800.03
Downside Intraday Target	783.02
Upside Intraday Target	835.03
Upside Intraday Target	853.02
Upside Intraday Target	818.02

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Mar 2025	817.05	829.75	836.00	801.00	0.173 times
13 Thu Mar 2025	825.35	827.95	841.95	785.00	0.616 times
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

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
17 Mon Mar 2025	817.05	705.05	841.95	688.50	1.133 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 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 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 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 mid to longer 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.

ADX buy sell signal for Shyam Metalics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shyam Metalics in short term and the buy signal is strong.

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 coming down

CCI has generated a SELL signal for Shyam Metalics in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 801.01 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.