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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 2025-06-16 View latest technical analysis

10 day averaged volume of Shyam Metalics is 322581

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	838.80	829.10	848.05	821.50	0.656 times
13 Fri Jun 2025	836.40	835.00	844.40	830.00	0.484 times
12 Thu Jun 2025	847.35	858.00	863.80	840.20	1.034 times
11 Wed Jun 2025	858.10	878.40	880.35	854.55	1.146 times
10 Tue Jun 2025	878.75	883.75	894.55	875.00	1.205 times
09 Mon Jun 2025	879.60	870.00	881.90	867.15	0.827 times
06 Fri Jun 2025	870.00	865.55	875.55	864.70	0.949 times
05 Thu Jun 2025	865.55	856.00	871.25	848.95	0.979 times
04 Wed Jun 2025	852.35	860.00	860.00	847.00	0.457 times
03 Tue Jun 2025	856.65	877.85	879.45	851.25	0.702 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 848.6, but if it comes above 848.6, then a intra day buy could be more profitable.
If you take a sell trade below 848.6, then use 848.6 as stoploss and 822.3 as target. However if you take a buy trade in stock , then use 848.6 as stoploss and 870.49 as target.

Share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Target	673.50
Downside Target	688.50
Downside Target	745.00
Downside Target	794.80
Downside Target	818.50
Upside Target	879.45
Upside Target	894.55
Upside Target	900.05
Upside Target	905.00
Upside Target	924.00
Upside Target	941.85
Upside Target	950.00

Intraday share price targets for Shyam Metalics (SHYAMMETL)

Target Type	Value
Downside Intraday Target	824.18
Downside Intraday Target	809.57
Upside Intraday Target	850.73
Upside Intraday Target	862.67
Downside Intraday Target	836.12

Weekly technical analysis of Shyam Metalics (SHYAMMETL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Jun 2025	838.80	829.10	848.05	821.50	0.14 times
13 Fri Jun 2025	836.40	870.00	894.55	830.00	0.886 times
06 Fri Jun 2025	870.00	840.00	879.45	840.00	0.36 times
30 Fri May 2025	843.10	900.00	900.05	818.50	1.875 times
23 Fri May 2025	903.55	937.90	941.85	889.70	0.677 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
16 Mon Jun 2025	838.80	840.00	894.55	821.50	0.264 times
30 Fri May 2025	843.10	860.00	950.00	818.50	1.689 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

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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 red color and prices are below the red cloud Prices appear to be moving up

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 but buying is losing 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 860.86 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.