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 2025-03-21 View latest technical analysis

10 day averaged volume of Shyam Metalics is 595901

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Mar 2025	869.30	855.00	874.80	844.50	1.004 times
20 Thu Mar 2025	852.35	863.00	871.80	844.70	0.61 times
19 Wed Mar 2025	859.60	860.00	865.30	839.30	0.809 times
18 Tue Mar 2025	845.45	817.05	852.20	813.80	1.222 times
17 Mon Mar 2025	817.05	829.75	836.00	801.00	0.537 times
13 Thu Mar 2025	825.35	821.00	831.00	810.00	0.467 times
12 Wed Mar 2025	818.95	806.65	821.00	801.00	0.457 times
11 Tue Mar 2025	802.60	805.00	810.55	785.00	0.796 times
10 Mon Mar 2025	816.20	827.95	841.95	808.25	1.385 times
07 Fri Mar 2025	824.20	758.30	829.00	755.40	3.334 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 836.2, but if it comes below 836.2, then a intra day sell could be more profitable.
If you take a sell trade below 836.2, then use 836.2 as stoploss and 778.22 as target. However if you take a buy trade in stock , then use 836.2 as stoploss and 905.7 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
Downside Target	829.00
Downside Target	830.45
Downside Target	841.95
Upside Target	874.00
Upside Target	874.80
Upside Target	889.30

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	821.93
Downside Intraday Target	774.57
Upside Intraday Target	895.73
Upside Intraday Target	922.17
Downside Intraday Target	848.37

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Mar 2025	869.30	829.75	874.80	801.00	1.347 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 up 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 Mar 2025	869.30	705.05	874.80	688.50	1.608 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, and volume has increased substantially. This means that the move can 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 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 gaining 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 tired and bears are picking up momentum.

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 but buying is losing 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 832.02 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.