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(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 2024-01-19 View latest technical analysis

10 day averaged volume of Sarthak Metals is 40561

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	253.95	253.95	259.90	250.05	0.526 times
18 Thu Jan 2024	250.20	253.65	265.10	248.00	1.203 times
17 Wed Jan 2024	257.50	264.00	264.45	254.05	0.813 times
16 Tue Jan 2024	261.10	260.95	268.95	255.10	0.652 times
15 Mon Jan 2024	262.55	266.05	273.75	260.85	0.699 times
12 Fri Jan 2024	266.50	272.70	279.95	265.00	0.892 times
11 Thu Jan 2024	272.65	272.00	277.75	262.75	1.071 times
10 Wed Jan 2024	273.05	273.15	280.50	271.00	0.433 times
09 Tue Jan 2024	275.90	280.70	284.00	272.40	0.745 times
08 Mon Jan 2024	280.70	293.00	293.00	273.75	1.683 times

My analysis of stock is bearish for shortterm, and stock might move down till 247 or till 230.4. Use a stoploss of 260.82 and if the stock hits stoploss, then it can shoot up till 274.63

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
Upside Target	256.00
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	243.38
Downside Intraday Target	232.82
Upside Intraday Target	269.13
Upside Intraday Target	284.32
Upside Intraday Target	258.57

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	253.95	266.05	273.75	248.00	0.807 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
19 Fri Jan 2024	253.95	250.00	295.00	245.30	1.57 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 down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 moving up

CCI has generated a buy signal for Sarthak Metals in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 266.56 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.