A comprehensive analysis of the OECD's warning regarding the systemic risks posed...
Technicals for Shyam Metalics and Energy Limited
By MusingTheNews
2025-07-16 20:53
Overall Technical outlook
Price Summary
Shyam Metalics and Energy Limited's stock, on 2025-07-15 opened at 855.3, climbed to a high of 875.0, dropped to a low of 853.4, and closed up 1.95% at 871.95, with 295890 shares traded. The stock's highest value over the last 52 weeks is 942.4, and the lowest value is 667.95. SHYAMMETL's future price is expected to lie between 701.0 and 1175.0, with an average expectation of 992.1429, as per the recommendations of 7 analysts.
Technicals
Support and Resistance: At 871.95, the price for SHYAMMETL is supported at 863.6 and resisted at 908.7. This indicates a trading range where 863.6 serves as a support level, potentially preventing further decline, while 908.7 could limit upward movement. Support/Resistance for SHYAMMETL
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Shyam Metalics and Energy Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Shyam Metalics and Energy Limited
Parabolic SAR: The PSAR for SHYAMMETL continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement. Parabolic Stop and Reverse chart for Shyam Metalics and Energy Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Shyam Metalics and Energy Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Shyam Metalics and Energy Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An in-depth examination of the factors contributing to the U.S. dollar's multi-year...
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.