Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SMLT) Sarthak Metals complete technical analysis [charts+indicators] | Buy/Sell Sarthak Metals | (SMLT) share price targets

Complete technical analysis of Sarthak Metals (SMLT) by charts plus indicators, forecast predictions and share price targets for Sarthak Metals (SMLT)

Showing technical analysis as on 2024-01-17 View latest technical analysis

10 day averaged volume of Sarthak Metals is 131894

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	257.50	264.00	264.45	254.05	0.25 times
16 Tue Jan 2024	261.10	260.95	268.95	255.10	0.201 times
15 Mon Jan 2024	262.55	266.05	273.75	260.85	0.215 times
12 Fri Jan 2024	266.50	272.70	279.95	265.00	0.274 times
11 Thu Jan 2024	272.65	272.00	277.75	262.75	0.329 times
10 Wed Jan 2024	273.05	273.15	280.50	271.00	0.133 times
09 Tue Jan 2024	275.90	280.70	284.00	272.40	0.229 times
08 Mon Jan 2024	280.70	293.00	293.00	273.75	0.518 times
05 Fri Jan 2024	277.15	272.80	279.45	266.80	0.556 times
04 Thu Jan 2024	271.75	284.90	288.80	268.90	1.277 times

My analysis of stock is bearish for shortterm, and stock might move down till 243.1 or till 224. Use a stoploss of 259.01 and if the stock hits stoploss, then it can shoot up till 274.9

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	202.00
Downside Target	211.10
Downside Target	223.80
Downside Target	228.95
Downside Target	236.55
Downside Target	243.90
Downside Target	254.05
Upside Target	270.00
Upside Target	273.75
Upside Target	274.00
Upside Target	293.00
Upside Target	295.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	249.78
Downside Intraday Target	242.07
Upside Intraday Target	269.48
Upside Intraday Target	281.47
Upside Intraday Target	261.77

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	257.50	266.05	273.75	254.05	0.448 times
12 Fri Jan 2024	266.50	293.00	293.00	262.75	0.168 times
05 Fri Jan 2024	277.15	250.00	295.00	245.30	2.448 times
29 Fri Dec 2023	255.25	241.00	270.00	228.95	3.42 times
22 Fri Dec 2023	236.85	252.00	256.00	223.80	1.235 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Sarthak Metals (SMLT)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	257.50	250.00	295.00	245.30	1.498 times
29 Fri Dec 2023	255.25	228.10	270.00	223.80	1.499 times
30 Thu Nov 2023	226.90	235.30	243.90	202.00	1.344 times
31 Tue Oct 2023	240.95	259.00	259.00	211.10	3.196 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Sarthak Metals (SMLT)

Price action analysis of Sarthak Metals ( (SMLT) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sarthak Metals ( (SMLT) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sarthak Metals ( (SMLT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sarthak Metals stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sarthak Metals in short term but the sell signal is initial and weak.

Sarthak Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sarthak Metals in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sarthak Metals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 271.74 and Sarthak Metals (SMLT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sarthak Metals (SMLT) stock. Volume based technical analysis of Sarthak Metals (SMLT) stock is negative.

Sarthak Metals Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.