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Technicals for Shyam Metalics and Energy Limited
By MusingTheNews
2025-06-13 20:54
Overall Technical outlook
Price Summary
2025-06-13, saw SHYAMMETL's stock open at 835.0, hit a peak of 844.4, fall to a low of 830.0, and close higher 0.17% at 836.4, with 156000 shares changing hands. Over the course of 52 weeks, the stock peaked at 942.4 and hit a low of 653.25. Analysts expect the price of SHYAMMETL to vary between 698.0 and 1175.0, with an average expected price near 953.5.
Technicals
Support and Resistance: The current price for SHYAMMETL is 836.4, supported at 818.15 with resistance at 863.6. This indicates a trading range where 818.15 might prevent further declines, while 863.6 could hinder additional gains. Support/Resistance for SHYAMMETL
Aroon: The AROON 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. Aroon chart for Shyam Metalics and Energy Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for SHYAMMETL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Shyam Metalics and Energy Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Shyam Metalics and Energy Limited. Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited
Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Stochastic chart for Shyam Metalics and Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Tripple SMA chart for Shyam Metalics and Energy Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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