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 2024-07-04 View latest technical analysis

10 day averaged volume of Sarthak Metals is 38592

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	199.87	198.90	206.60	194.66	2.019 times
03 Wed Jul 2024	193.89	198.95	198.95	192.10	0.746 times
02 Tue Jul 2024	195.30	202.00	202.00	192.10	1.266 times
01 Mon Jul 2024	196.85	200.00	200.00	195.15	0.816 times
28 Fri Jun 2024	195.34	202.99	202.99	192.99	1.225 times
27 Thu Jun 2024	197.64	198.00	203.40	195.55	0.803 times
26 Wed Jun 2024	198.58	200.20	202.39	194.50	1.02 times
25 Tue Jun 2024	200.20	198.55	204.32	198.55	0.588 times
24 Mon Jun 2024	200.78	200.20	203.68	198.15	0.532 times
21 Fri Jun 2024	200.16	209.42	209.42	199.00	1.66 times

Stock of Sarthak Metals (SMLT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 197.4 or till 191.4. Use a stoploss of 202.3 and if the stock hits stoploss, then it can shoot up till 207.25

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	192.10
Downside Target	197.55
Upside Target	213.59
Upside Target	214.79
Upside Target	226.00
Upside Target	245.30
Upside Target	259.70
Upside Target	301.80
Upside Target	328.00
Upside Target	448.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	192.45
Downside Intraday Target	185.02
Upside Intraday Target	206.95
Upside Intraday Target	214.02
Downside Intraday Target	199.52

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Jul 2024	199.87	200.00	206.60	192.10	1.163 times
28 Fri Jun 2024	195.34	200.20	204.32	192.99	0.621 times
21 Fri Jun 2024	200.16	209.00	213.59	199.00	1.358 times
14 Fri Jun 2024	208.72	211.85	214.79	202.50	0.931 times
07 Fri Jun 2024	206.75	226.00	226.00	197.55	1.175 times

Price has moved up 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
04 Thu Jul 2024	199.87	200.00	206.60	192.10	0.229 times
28 Fri Jun 2024	195.34	226.00	226.00	192.99	2.331 times
31 Fri May 2024	217.75	254.00	259.70	206.55	0.205 times
13 Tue Feb 2024	301.80	328.00	448.00	301.80	0.622 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 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 short to mid 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 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sarthak Metals Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sarthak Metals in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 197.98 and Sarthak Metals (SMLT) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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