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Shree Metalloys Limited

SHREMETAL.BO Technical Analysis Summary (BSE)

Analyze SHREMETAL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SHREMETAL.BO●BSE
Basic MaterialsIndustrial Materials
₹38.74
₹2.39(6.57%)
Indian Market opens in 10h 59m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

SHREMETAL.BO Technical Analysis Summary (BSE)

Shree Metalloys Limited (BSE: SHREMETAL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 58.06)
Trend Strength:Weak (ADX: 18.18)
Volatility:High (ATR: 4.11)
Support/Resistance:$34.03 – $38.72 (Bollinger Bands)

Technical conditions suggest Shree Metalloys Limited on the BSE is awaiting a decisive move. Overall, Shree Metalloys Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.06

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.51

Neutral
Mid-range signal with no clear trend.

Williams %R: -31.21

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.75

Bullish
Steady upward momentum.

Takeaway:Shree Metalloys Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.25

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.18

Weak
Weak trend, market trading sideways.

ATR (14): 4.11

Medium
Medium volatility, healthy price movement.

CCI (14): 127.66

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Shree Metalloys Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$38.72
Middle Band (SMA 20)
$36.37
Lower Band
$34.03
Current Position
Above Upper Band

Takeaway:Shree Metalloys Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$44.71
Middle Line (EMA 20)
$36.50
Lower Channel
$28.29
Squeeze Status
Squeeze On

Takeaway:Shree Metalloys Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-6.48K
Money Flow Index69.26Bullish, inflows support continued momentum.
Relative Vigor Index63.91Bullish, price momentum strongly favors buyers.

Overall Takeaway:SHREMETAL.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Shree Metalloys Limited (BSE: SHREMETAL.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Shree Metalloys Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: SHREMETAL.BO) Technical Analysis FAQ