Overall Technical outlook

Price Summary

Shyam Metalics and Energy Limited's stock slumped -2.63% today, marking a poor performance in the market.
Shyam Metalics and Energy Limited's stock opened at 910.0 on 2025-04-25, surged to 914.75, dropped to 865.0, and ended -2.63% lower at 886.1, with 216186 shares traded.
For the 52-week period, the stock's highest price is 942.4, and the lowest price is 552.3.
Based on recommendations from 6 analysts, the future price of SHYAMMETL is expected to range from 698.0 to 1175.0, with an average price expectation around 953.5.

Technicals

Support and Resistance: The price of 886.1 is supported at 858.6 and encounters resistance at 908.7. This suggests key levels where the price might find stability, with 858.6 providing a base and 908.7 acting as an upper boundary for SHYAMMETL.
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Support/Resistance for SHYAMMETL


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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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.
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Bolinger Bands chart for Shyam Metalics and Energy Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum.
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Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited


Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Shyam Metalics and Energy Limited, which could result in a reversal. Investors should pay attention to this potential change in trend.
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Stochastic chart for Shyam Metalics and Energy Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam.
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Tripple SMA chart for Shyam Metalics and Energy Limited


To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.