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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 2024-08-21 View latest technical analysis

10 day averaged volume of Sarthak Metals is 33948

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	173.95	180.02	183.70	171.35	0.533 times
20 Tue Aug 2024	178.26	178.40	184.39	172.81	1.117 times
19 Mon Aug 2024	171.66	174.95	176.60	165.61	0.993 times
16 Fri Aug 2024	171.17	174.99	177.99	169.03	0.769 times
14 Wed Aug 2024	171.97	177.95	179.90	170.15	1.007 times
13 Tue Aug 2024	180.37	189.98	192.80	178.70	1.309 times
12 Mon Aug 2024	189.34	192.00	195.04	188.01	1.098 times
09 Fri Aug 2024	194.39	191.31	198.00	191.31	0.968 times
08 Thu Aug 2024	191.31	189.29	193.69	188.00	0.644 times
07 Wed Aug 2024	187.04	182.51	192.37	181.50	1.069 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 177.1, but if it comes above 177.1, then a intra day buy could be more profitable.
If you take a sell trade below 177.1, then use 177.1 as stoploss and 168 as target. However if you take a buy trade in stock , then use 177.1 as stoploss and 184.65 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	165.61
Downside Target	169.03
Upside 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	164.91
Downside Intraday Target	155.87
Upside Intraday Target	183.69
Upside Intraday Target	193.43
Upside Intraday Target	174.65

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	173.95	174.95	184.39	165.61	0.632 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
21 Wed Aug 2024	173.95	188.68	198.00	165.61	0.608 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 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 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 gaining momentum.

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

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 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 181.17 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.