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Technicals for Shyam Metalics and Energy Limited
By MusingTheNews
2025-08-15 20:54
Overall Technical outlook
Price Summary
2025-08-14, saw SHYAMMETL's stock open at 964.2, hit a peak of 969.0, fall to a low of 947.6, and close lower -0.72% at 957.3, with 103115 shares changing hands. Over the previous 52 weeks, the stock reached a high of 992.15 and a low of 692.8. 7 analysts estimate that the future price of SHYAMMETL will fall between 760.0 and 1350.0, with an average price expectation of approximately 1058.5714.
Technicals
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Shyam Metalics and Energy Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for SHYAMMETL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Bolinger Bands chart for Shyam Metalics and Energy Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Shyam Metalics and Energy Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Stochastic chart for Shyam Metalics and Energy Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening momentum could indicate that the bearish trend for SHYAMMETL is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering. Tripple SMA chart for Shyam Metalics and Energy Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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