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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 2024-06-12 View latest technical analysis

10 day averaged volume of Sarthak Metals is 39030

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	208.11	203.83	210.63	202.83	0.976 times
11 Tue Jun 2024	203.83	211.50	211.99	202.50	1.105 times
10 Mon Jun 2024	205.80	211.85	213.99	203.85	1.015 times
07 Fri Jun 2024	206.75	218.00	225.95	200.05	2.554 times
06 Thu Jun 2024	210.35	205.90	210.35	201.15	0.233 times
05 Wed Jun 2024	200.35	206.45	207.05	197.55	0.802 times
04 Tue Jun 2024	202.20	212.00	214.40	202.05	0.825 times
03 Mon Jun 2024	212.65	226.00	226.00	211.45	0.839 times
31 Fri May 2024	217.75	226.80	226.80	214.80	0.608 times
30 Thu May 2024	216.55	215.00	226.05	206.55	1.45 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 195.7 as stoploss in an intra day buy trade for a target of 226.59. However, stock will show a bearish move below 195.7.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	197.55
Downside Target	202.50
Downside Target	206.55
Upside Target	213.99
Upside Target	223.80
Upside Target	240.05
Upside Target	245.30
Upside Target	259.00
Upside Target	259.70
Upside Target	270.00
Upside Target	301.80
Upside Target	317.65
Upside Target	328.00
Upside Target	448.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	202.41
Downside Intraday Target	196.71
Upside Intraday Target	213.9
Upside Intraday Target	219.69
Upside Intraday Target	208.2

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Jun 2024	208.11	211.85	213.99	202.50	0.59 times
07 Fri Jun 2024	206.75	226.00	226.00	197.55	1.175 times
31 Fri May 2024	217.75	220.50	226.80	206.55	1.127 times
24 Fri May 2024	220.50	255.00	259.00	218.10	3.793 times
18 Sat May 2024	255.60	317.65	317.65	240.05	0.026 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
12 Wed Jun 2024	208.11	226.00	226.00	197.55	0.931 times
31 Fri May 2024	217.75	254.00	259.70	206.55	0.205 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 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 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 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 208.19 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.