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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 2024-09-03 View latest technical analysis

10 day averaged volume of Sarthak Metals is 23781

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	174.96	175.00	176.99	173.20	0.49 times
02 Mon Sep 2024	174.90	177.65	180.99	172.31	0.871 times
30 Fri Aug 2024	179.27	185.80	185.80	178.61	0.34 times
29 Thu Aug 2024	180.84	181.50	186.47	176.89	1.885 times
28 Wed Aug 2024	176.70	182.90	182.90	175.15	0.692 times
27 Tue Aug 2024	178.23	183.96	184.00	177.00	0.401 times
26 Mon Aug 2024	179.25	187.99	187.99	177.62	0.886 times
23 Fri Aug 2024	182.64	182.85	186.00	171.35	2.144 times
22 Thu Aug 2024	177.38	174.95	180.00	174.95	0.424 times
21 Wed Aug 2024	173.95	180.02	183.70	171.35	0.762 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 173.3 as stoploss in an intra day buy trade for a target of 179.65. However, stock will show a bearish move below 173.3.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	165.61
Downside Target	169.03
Upside Target	186.00
Upside Target	192.99
Upside Target	195.04
Upside Target	198.00
Upside Target	206.55
Upside Target	206.60
Upside Target	226.00
Upside Target	259.70

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	171.18
Downside Intraday Target	167.41
Upside Intraday Target	179.86
Upside Intraday Target	184.77
Upside Intraday Target	176.09

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	174.96	177.65	180.99	172.31	0.324 times
30 Fri Aug 2024	179.27	187.99	187.99	175.15	0.663 times
23 Fri Aug 2024	182.64	174.95	186.00	165.61	1.062 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

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
03 Tue Sep 2024	174.96	177.65	180.99	172.31	0.052 times
30 Fri Aug 2024	179.27	188.68	198.00	165.61	0.823 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

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 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 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.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 178.96 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.