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Stock analysis Shyam Metalics And Engy L SHYAMMETL

More indepth analysis on MunafaSutra.com

Moving Averages for Shyam Metalics And Engy L

  • 5Day Average: 641.18
  • 12Day Average: 619.66
  • 20Day Average: 619.97
  • 50Day Average: 622.15
  • 100Day Average: 625.88
  • 150Day Average: 567.01
  • 200Day Average: 533.1

SHYAMMETL Indicators & signals

Indicator MACD (12,26,9)

625.53, 620.28, 1.43
Indicator MACD is in positive zone

Indicator ADX (14)

13.69, 26.8, 20.35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 55
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SHYAMMETL Shyam Metalics And Engy L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Tue Apr 2024 629.05 625.00 to 640.00 -1.35% 0.45 times
29 Mon Apr 2024 637.65 632.00 to 647.40 -0.7% 0.39 times
26 Fri Apr 2024 642.15 636.00 to 652.60 -0.23% 0.69 times
25 Thu Apr 2024 643.65 638.35 to 661.00 -1.49% 1.11 times
24 Wed Apr 2024 653.40 610.30 to 659.00 7.06% 4.05 times
23 Tue Apr 2024 610.30 601.70 to 614.50 0.34% 0.63 times
22 Mon Apr 2024 608.25 596.60 to 611.00 2.25% 0.53 times
19 Fri Apr 2024 594.85 587.30 to 603.55 -1.21% 0.5 times
18 Thu Apr 2024 602.15 599.45 to 618.00 0.85% 0.84 times
16 Tue Apr 2024 597.10 592.00 to 606.90 -0.38% 0.46 times
15 Mon Apr 2024 599.35 590.05 to 611.45 -3.03% 0.81 times
12 Fri Apr 2024 618.05 615.95 to 630.55 -1.91% 0.9 times

Technical analysis forecast of Shyam Metalics And Engy L Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shyam Metalics And Engy L SHYAMMETL at this time. Stock is rising and might rise more.

It appears as if Shyam Metalics And Engy L SHYAMMETL gave a large move recently.

Stock of Shyam Metalics And Engy L (SHYAMMETL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Shyam Metalics And Engy L is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 636.8 as stoploss in an intra day sell trade for a target of 621.18. However, stock will show a bullish move above 636.8.

More indepth analysis on MunafaSutra.com