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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 2024-08-22 View latest technical analysis

10 day averaged volume of Sarthak Metals is 32281

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	177.38	174.95	180.00	174.95	0.313 times
21 Wed Aug 2024	173.95	180.02	183.70	171.35	0.561 times
20 Tue Aug 2024	178.26	178.40	184.39	172.81	1.175 times
19 Mon Aug 2024	171.66	174.95	176.60	165.61	1.045 times
16 Fri Aug 2024	171.17	174.99	177.99	169.03	0.809 times
14 Wed Aug 2024	171.97	177.95	179.90	170.15	1.059 times
13 Tue Aug 2024	180.37	189.98	192.80	178.70	1.377 times
12 Mon Aug 2024	189.34	192.00	195.04	188.01	1.155 times
09 Fri Aug 2024	194.39	191.31	198.00	191.31	1.018 times
08 Thu Aug 2024	191.31	189.29	193.69	188.00	0.677 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 176.4 as stoploss in an intra day buy trade for a target of 183.95. However, stock will show a bearish move below 176.4.

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	167.2
Downside Intraday Target	157.01
Upside Intraday Target	185.98
Upside Intraday Target	194.57
Downside Intraday Target	175.79

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	177.38	174.95	184.39	165.61	0.703 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
22 Thu Aug 2024	177.38	188.68	198.00	165.61	0.621 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 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 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 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 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 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 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 180.33 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.