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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 2024-08-06 View latest technical analysis

10 day averaged volume of Sarthak Metals is 26438

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	179.44	181.00	185.86	179.00	1.315 times
05 Mon Aug 2024	182.76	185.00	185.00	178.21	1.157 times
02 Fri Aug 2024	188.37	189.61	195.01	187.36	0.754 times
01 Thu Aug 2024	190.58	188.68	196.60	188.00	1.812 times
31 Wed Jul 2024	188.68	186.00	194.77	186.00	0.846 times
30 Tue Jul 2024	189.36	189.05	191.98	188.00	0.456 times
29 Mon Jul 2024	189.05	199.00	199.00	188.00	1.156 times
26 Fri Jul 2024	192.82	192.30	199.80	189.72	1.973 times
25 Thu Jul 2024	191.15	186.35	194.38	186.35	0.405 times
24 Wed Jul 2024	191.38	193.50	195.90	191.00	0.471 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 182.2, for a target of 186.2 or 189.45

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	178.21
Upside Target	185.86
Upside Target	192.99
Upside Target	199.80
Upside Target	200.99
Upside Target	206.55
Upside Target	206.60
Upside Target	226.00
Upside Target	259.70
Upside Target	301.80
Upside Target	448.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	176.48
Downside Intraday Target	173.52
Upside Intraday Target	184.13
Upside Intraday Target	188.82
Upside Intraday Target	181.17

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	179.44	185.00	185.86	178.21	0.492 times
02 Fri Aug 2024	188.37	199.00	199.00	186.00	1.053 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

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
06 Tue Aug 2024	179.44	188.68	196.60	178.21	0.178 times
31 Wed Jul 2024	188.68	200.00	206.60	181.65	0.919 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

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 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 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 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 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 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.

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 but buying is losing 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 188.23 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.