Analysis of the St. Louis Fed’s view that economic education strengthens monetary...
Technicals for Shyam Metalics and Energy Limited
By MusingTheNews
2025-10-17 20:55
Overall Technical outlook
Price Summary
Shyam Metalics and Energy Limited's stock opened at 922.1 on 2025-10-17, surged to 929.0, dropped to 913.9, and ended -0.44% lower at 918.0, with 104462 shares traded. Over the course of 52 weeks, the stock peaked at 992.15 and hit a low of 692.8. Future price predictions suggest a range between 760.0 and 1350.0, with an average expected price of 1058.5714, as per 7 analysts.
Technicals
Support and Resistance: The current price of 918.0 for SHYAMMETL finds support at 902.5 and resistance at 937.75. These levels define a range in which the price might oscillate, with 902.5 as a potential support and 937.75 as a resistance level. Support/Resistance for SHYAMMETL
Aroon: The current reading of the AROON is neutral for SHYAMMETL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Shyam Metalics and Energy Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Shyam Metalics and Energy Limited
Parabolic SAR: The PSAR remains bearish, establishing a resistance level that could cap any potential upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for SHYAMMETL. Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited
Stochastic: The Stochastic K-line for SHYAMMETL has moved below the D-line and sits under 20, indicating a mildly bearish signal. This suggests that the market might experience some weakness, though the bearish sentiment is not particularly strong. Investors should stay alert for any additional signals. Stochastic chart for Shyam Metalics and Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Shyam Metalics and Energy Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of South Asia's economic trajectory focusing on the potential of...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.