Overall Technical outlook

*SHYAMMETL makes the list of companies with the worst technicals at present.

Price Summary

Shyam Metalics and Energy Limited's stock saw a -2.56% decrease, showcasing an lacklustre market day.
Shyam Metalics and Energy Limited's stock opened at 865.25 on 2025-05-30, surged to 873.65, hit a low of 818.5, and closed up -2.56% at 843.1, with 2612356 shares traded.
In the past year, the highest stock price was 942.4, and the lowest was 552.3.
Analysts' predictions indicate that SHYAMMETL's future price will be between 698.0 and 1175.0, with a mean price expectation of approximately 953.5.

Technicals

Support and Resistance: The price of 843.1 is supported at 818.0 and faces resistance at 855.0. This range suggests key levels for SHYAMMETL where the price may stabilize, with 818.0 acting as a support and 855.0 as a cap on gains.
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Support/Resistance for SHYAMMETL


Aroon: The AROON indicator is showing a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum in the market. The persistence of the Aroon Oscillator at a low level reinforces the expectation of ongoing declines.
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Aroon chart for Shyam Metalics and Energy Limited


Bol. Bands: The current price has dipped below the lower Bollinger Band, indicating potential oversold conditions in the market. This move suggests that the selling pressure has increased significantly, driving prices to a critical low. The breach could either signal that the bearish trend will continue or that a reversal is imminent if the market begins to recover from these levels.
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Bolinger Bands chart for Shyam Metalics and Energy Limited


Parabolic SAR: The PSAR for SHYAMMETL continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
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Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited


Stochastic: The Stochastic K-line has dropped beneath the D-line and is below 20, indicating a mildly bearish outlook. This suggests that the market might experience some downward movement, though the bearish sentiment is mild. Investors should keep an eye on this trend for further confirmation.
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Stochastic chart for Shyam Metalics and Energy Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
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Tripple SMA chart for Shyam Metalics and Energy Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.