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 2024-07-09 View latest technical analysis

10 day averaged volume of Sarthak Metals is 43046

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	192.18	193.61	194.70	190.50	0.699 times
08 Mon Jul 2024	192.64	200.99	200.99	190.90	1.374 times
05 Fri Jul 2024	197.06	200.65	205.87	195.35	1.019 times
04 Thu Jul 2024	199.87	198.90	206.60	194.66	1.811 times
03 Wed Jul 2024	193.89	198.95	198.95	192.10	0.669 times
02 Tue Jul 2024	195.30	202.00	202.00	192.10	1.135 times
01 Mon Jul 2024	196.85	200.00	200.00	195.15	0.732 times
28 Fri Jun 2024	195.34	202.99	202.99	192.99	1.098 times
27 Thu Jun 2024	197.64	198.00	203.40	195.55	0.72 times
26 Wed Jun 2024	198.58	200.20	202.39	194.50	0.915 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 195.1, but if it comes above 195.1, then a intra day buy could be more profitable.
If you take a sell trade below 195.1, then use 195.1 as stoploss and 188.9 as target. However if you take a buy trade in stock , then use 195.1 as stoploss and 200.24 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	190.50
Upside Target	199.00
Upside Target	206.60
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	188.12
Downside Intraday Target	184.07
Upside Intraday Target	198.61
Upside Intraday Target	205.05
Upside Intraday Target	194.56

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jul 2024	192.18	200.99	200.99	190.50	0.386 times
05 Fri Jul 2024	197.06	200.00	206.60	192.10	1.435 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

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
09 Tue Jul 2024	192.18	200.00	206.60	190.50	0.392 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 down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sarthak Metals ( (SMLT) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 196.2 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 negative.

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