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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 2024-07-05 View latest technical analysis

10 day averaged volume of Sarthak Metals is 41207

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	197.06	200.65	205.87	195.35	1.064 times
04 Thu Jul 2024	199.87	198.90	206.60	194.66	1.891 times
03 Wed Jul 2024	193.89	198.95	198.95	192.10	0.698 times
02 Tue Jul 2024	195.30	202.00	202.00	192.10	1.186 times
01 Mon Jul 2024	196.85	200.00	200.00	195.15	0.765 times
28 Fri Jun 2024	195.34	202.99	202.99	192.99	1.147 times
27 Thu Jun 2024	197.64	198.00	203.40	195.55	0.752 times
26 Wed Jun 2024	198.58	200.20	202.39	194.50	0.956 times
25 Tue Jun 2024	200.20	198.55	204.32	198.55	0.551 times
24 Mon Jun 2024	200.78	200.20	203.68	198.15	0.499 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 196.9 as stoploss in an intra day buy trade for a target of 201.63. However, stock will show a bearish move below 196.9.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	192.10
Upside Target	197.55
Upside Target	213.59
Upside Target	214.79
Upside Target	226.00
Upside Target	245.30
Upside Target	259.70
Upside Target	301.80
Upside Target	328.00
Upside Target	448.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	190.57
Downside Intraday Target	184.09
Upside Intraday Target	205.07
Upside Intraday Target	213.09
Upside Intraday Target	198.59

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	197.06	200.00	206.60	192.10	1.435 times
28 Fri Jun 2024	195.34	200.20	204.32	192.99	0.621 times
21 Fri Jun 2024	200.16	209.00	213.59	199.00	1.358 times
14 Fri Jun 2024	208.72	211.85	214.79	202.50	0.931 times
07 Fri Jun 2024	206.75	226.00	226.00	197.55	1.175 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
05 Fri Jul 2024	197.06	200.00	206.60	192.10	0.283 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
13 Tue Feb 2024	301.80	328.00	448.00	301.80	0.622 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 197.52 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.