Technicals for Shyam Metalics and Energy Limited

Price Summary

On 2026-07-01, SHYAMMETL's stock opened at 950.0, reached a peak of 959.0, dropped to 945.25, and ended 0.72% higher at 956.8, with a volume of 239001 shares.
Over the past 52 weeks, the stock reached a maximum price of 1002.0 and a minimum price of 761.45.

Technicals

Support and Resistance: The price sits at 956.8, supported by 905.15 and resisted by 961.4. This indicates a trading range where 905.15 provides a floor, preventing declines, and 961.4 acts as a ceiling, limiting further price increases for SHYAMMETL.


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.


Parabolic SAR: The PSAR maintains a bearish outlook for SHYAMMETL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.