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Technicals for Shyam Metalics and Energy Limited
By MusingTheNews
2025-09-05 20:42
Overall Technical outlook
Price Summary
Shyam Metalics and Energy Limited's stock opened at 922.0 on 2025-09-05, surged to a high of 936.0, hit a low of 916.5, and closed up 0.74% at 928.85, with 70116 shares traded. Throughout the 52-week period, the stock hit a high of 992.15 and a low of 692.8. Analysts predict that the future price will fluctuate between 760.0 and 1350.0, with the mean expected price being approximately 1058.5714.
Technicals
Support and Resistance: The price is currently at 928.85, supported by 908.7 and resisted by 937.75. This indicates a range where 908.7 may provide a base for the price, while 937.75 serves as a cap on further upward movement for SHYAMMETL. Support/Resistance for SHYAMMETL
Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Aroon chart for Shyam Metalics and Energy Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Shyam Metalics and Energy Limited
Parabolic SAR: The PSAR for SHYAMMETL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited
Stochastic: The current state of the STOCHASTIC is neutral for SHYAMMETL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Shyam Metalics and Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Shyam Metalics and Energy Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Shyam Metalics and Energy Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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