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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 2025-05-02 View latest technical analysis

10 day averaged volume of Shyam Metalics is 255656

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri May 2025	859.30	860.00	867.50	848.00	0.626 times
30 Wed Apr 2025	860.85	880.85	880.85	855.90	1.098 times
29 Tue Apr 2025	875.10	872.00	882.50	863.50	0.69 times
28 Mon Apr 2025	871.30	886.50	891.40	862.70	1.041 times
25 Fri Apr 2025	886.10	910.00	914.75	865.00	0.846 times
24 Thu Apr 2025	902.80	901.00	909.40	895.35	0.565 times
23 Wed Apr 2025	899.20	911.00	915.90	886.90	0.773 times
22 Tue Apr 2025	910.10	910.80	919.90	903.10	1.363 times
21 Mon Apr 2025	910.80	896.05	917.90	888.50	1.017 times
17 Thu Apr 2025	900.05	898.10	904.50	880.70	0.926 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 846.9 as stoploss in an intra day buy trade for a target of 875.94. However, stock will show a bearish move below 846.9.

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	628.25
Downside Target	673.50
Downside Target	688.50
Downside Target	745.00
Downside Target	794.80
Downside Target	830.45
Upside Target	867.50
Upside Target	891.40
Upside Target	904.50
Upside Target	905.00
Upside Target	919.90
Upside Target	924.00

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	841.07
Downside Intraday Target	822.83
Upside Intraday Target	884.47
Upside Intraday Target	909.63
Upside Intraday Target	866.23

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri May 2025	859.30	886.50	891.40	848.00	0.757 times
25 Fri Apr 2025	886.10	896.05	919.90	865.00	1.416 times
17 Thu Apr 2025	900.05	849.90	904.50	847.05	0.673 times
11 Fri Apr 2025	843.85	755.30	852.00	745.00	0.324 times
04 Fri Apr 2025	858.30	844.95	924.00	840.05	1.526 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
02 Fri May 2025	859.30	860.00	867.50	848.00	0.021 times
30 Wed Apr 2025	860.85	844.95	924.00	745.00	0.785 times
28 Fri Mar 2025	853.30	705.05	905.00	688.50	2.15 times
28 Fri Feb 2025	711.35	769.70	794.80	673.50	0.317 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shyam Metalics in short term but the sell signal is initial and weak.

Shyam Metalics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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 888.65 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.