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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 2024-08-20 View latest technical analysis

10 day averaged volume of Sarthak Metals is 33212

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	178.26	178.40	184.39	172.81	1.142 times
19 Mon Aug 2024	171.66	174.95	176.60	165.61	1.015 times
16 Fri Aug 2024	171.17	174.99	177.99	169.03	0.786 times
14 Wed Aug 2024	171.97	177.95	179.90	170.15	1.029 times
13 Tue Aug 2024	180.37	189.98	192.80	178.70	1.338 times
12 Mon Aug 2024	189.34	192.00	195.04	188.01	1.123 times
09 Fri Aug 2024	194.39	191.31	198.00	191.31	0.99 times
08 Thu Aug 2024	191.31	189.29	193.69	188.00	0.658 times
07 Wed Aug 2024	187.04	182.51	192.37	181.50	1.093 times
06 Tue Aug 2024	179.44	181.00	185.86	179.00	1.047 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 178.3, but if it comes above 178.3, then a intra day buy could be more profitable.
If you take a sell trade below 178.3, then use 178.3 as stoploss and 169.4 as target. However if you take a buy trade in stock , then use 178.3 as stoploss and 185.63 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	165.61
Downside Target	169.03
Downside Target	178.21
Upside Target	192.99
Upside Target	199.00
Upside Target	199.80
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	167.78
Downside Intraday Target	157.31
Upside Intraday Target	186.56
Upside Intraday Target	194.87
Downside Intraday Target	176.09

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	178.26	174.95	184.39	165.61	0.505 times
16 Fri Aug 2024	171.17	192.00	195.04	169.03	0.908 times
09 Fri Aug 2024	194.39	185.00	198.00	178.21	1.177 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

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
20 Tue Aug 2024	178.26	188.68	198.00	165.61	0.584 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Sarthak Metals in short term and the sell signal is strong.

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 positive zone. This is a BUY 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 181.38 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.