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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 2024-08-07 View latest technical analysis

10 day averaged volume of Sarthak Metals is 27351

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	187.04	182.51	192.37	181.50	1.327 times
06 Tue Aug 2024	179.44	181.00	185.86	179.00	1.272 times
05 Mon Aug 2024	182.76	185.00	185.00	178.21	1.118 times
02 Fri Aug 2024	188.37	189.61	195.01	187.36	0.729 times
01 Thu Aug 2024	190.58	188.68	196.60	188.00	1.751 times
31 Wed Jul 2024	188.68	186.00	194.77	186.00	0.818 times
30 Tue Jul 2024	189.36	189.05	191.98	188.00	0.441 times
29 Mon Jul 2024	189.05	199.00	199.00	188.00	1.118 times
26 Fri Jul 2024	192.82	192.30	199.80	189.72	1.907 times
25 Thu Jul 2024	191.15	186.35	194.38	186.35	0.392 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 185.9 as stoploss in an intra day buy trade for a target of 189.2. However, stock will show a bearish move below 185.9.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	178.21
Downside Target	186.00
Upside Target	192.37
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	179.38
Downside Intraday Target	171.71
Upside Intraday Target	193.54
Upside Intraday Target	200.03
Downside Intraday Target	185.87

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	187.04	185.00	192.37	178.21	0.765 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
07 Wed Aug 2024	187.04	188.68	196.60	178.21	0.226 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 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 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 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 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 but BUY signal is weak.

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 187.96 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.