Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-05-22 View latest technical analysis

10 day averaged volume of Sarthak Metals is 166484

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	232.65	247.90	252.00	232.60	0.266 times
21 Tue May 2024	244.80	255.00	259.00	242.85	0.181 times
18 Sat May 2024	255.60	254.00	259.70	240.05	0.124 times
13 Tue Feb 2024	301.80	301.80	301.80	301.80	0.066 times
12 Mon Feb 2024	317.65	317.65	317.65	317.65	0.055 times
09 Fri Feb 2024	352.90	352.90	352.90	352.90	0.116 times
08 Thu Feb 2024	392.10	426.05	429.95	392.10	0.883 times
07 Wed Feb 2024	435.65	392.80	448.00	385.05	3.872 times
06 Tue Feb 2024	391.45	339.90	397.65	333.50	3.867 times
05 Mon Feb 2024	331.40	359.90	361.25	326.00	0.58 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 259.5, but if it comes above 259.5, then a intra day buy could be more profitable.
If you take a sell trade below 259.5, then use 259.5 as stoploss and 198 as target. However if you take a buy trade in stock , then use 259.5 as stoploss and 310.76 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	202.00
Downside Target	223.80
Downside Target	232.60
Upside Target	240.05
Upside Target	259.00
Upside Target	270.00
Upside Target	294.00
Upside Target	301.80
Upside Target	315.00
Upside Target	326.00
Upside Target	328.00
Upside Target	331.20
Upside Target	448.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	223.83
Downside Intraday Target	215.02
Upside Intraday Target	250.23
Upside Intraday Target	267.82
Upside Intraday Target	241.42

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	232.65	255.00	259.00	232.60	1.825 times
18 Sat May 2024	255.60	317.65	317.65	240.05	0.026 times
09 Fri Feb 2024	352.90	359.90	448.00	326.00	3.327 times
02 Fri Feb 2024	325.75	318.00	331.20	294.00	0.525 times
25 Thu Jan 2024	307.65	255.05	315.00	249.10	5.626 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sarthak Metals (SMLT)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Wed May 2024	232.65	254.00	259.70	232.60	0.056 times
13 Tue Feb 2024	301.80	328.00	448.00	301.80	0.622 times
31 Wed Jan 2024	322.70	250.00	328.00	245.30	2.837 times
29 Fri Dec 2023	255.25	228.10	270.00	223.80	1.499 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sarthak Metals ( (SMLT) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sarthak Metals stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sarthak Metals in short term but the sell 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 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 395.11 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.