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 2024-07-29 View latest technical analysis

10 day averaged volume of Sarthak Metals is 29774

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	189.05	199.00	199.00	188.00	1.027 times
26 Fri Jul 2024	192.82	192.30	199.80	189.72	1.752 times
25 Thu Jul 2024	191.15	186.35	194.38	186.35	0.36 times
24 Wed Jul 2024	191.38	193.50	195.90	191.00	0.418 times
23 Tue Jul 2024	193.48	194.50	196.00	181.65	0.861 times
22 Mon Jul 2024	189.33	190.00	191.39	184.60	0.844 times
19 Fri Jul 2024	188.74	193.08	194.69	187.00	0.738 times
18 Thu Jul 2024	189.97	193.78	196.16	187.00	1.119 times
16 Tue Jul 2024	193.78	189.68	196.45	189.29	1.453 times
15 Mon Jul 2024	188.38	188.65	191.54	187.47	0.871 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 189.2, but if it comes above 189.2, then a intra day buy could be more profitable.
If you take a sell trade below 189.2, then use 189.2 as stoploss and 185.5 as target. However if you take a buy trade in stock , then use 189.2 as stoploss and 192.27 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	181.65
Downside Target	187.00
Upside Target	192.10
Upside Target	206.55
Upside Target	206.60
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	185.03
Downside Intraday Target	181.02
Upside Intraday Target	196.03
Upside Intraday Target	203.02
Upside Intraday Target	192.02

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	189.05	199.00	199.00	188.00	0.242 times
26 Fri Jul 2024	192.82	190.00	199.80	181.65	1.013 times
19 Fri Jul 2024	188.74	188.65	196.45	187.00	0.611 times
12 Fri Jul 2024	188.47	200.99	200.99	188.00	0.882 times
05 Fri Jul 2024	197.06	200.00	206.60	192.10	1.435 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
29 Mon Jul 2024	189.05	200.00	206.60	181.65	0.877 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

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 191.11 and Sarthak Metals (SMLT) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.