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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 2024-10-23 View latest technical analysis

10 day averaged volume of Sarthak Metals is 98238

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	176.14	180.70	182.73	173.87	0.216 times
22 Tue Oct 2024	181.21	186.80	188.30	175.15	0.305 times
21 Mon Oct 2024	186.73	196.80	197.48	186.00	0.321 times
18 Fri Oct 2024	192.12	194.12	196.19	187.15	0.26 times
17 Thu Oct 2024	194.45	190.10	200.00	190.10	0.483 times
16 Wed Oct 2024	191.57	195.50	201.54	188.30	0.455 times
15 Tue Oct 2024	198.40	207.90	210.50	196.20	1.923 times
14 Mon Oct 2024	204.87	182.00	209.95	182.00	5.796 times
11 Fri Oct 2024	180.68	183.15	185.59	180.00	0.188 times
10 Thu Oct 2024	185.11	186.90	186.90	183.21	0.092 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 178.6, but if it comes above 178.6, then a intra day buy could be more profitable.
If you take a sell trade below 178.6, then use 178.6 as stoploss and 169.1 as target. However if you take a buy trade in stock , then use 178.6 as stoploss and 186.58 as target.

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	164.00
Downside Target	173.87
Upside Target	181.65
Upside Target	192.99
Upside Target	198.00
Upside Target	201.22
Upside Target	204.00
Upside Target	206.60
Upside Target	210.50
Upside Target	226.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	167.51
Downside Intraday Target	158.89
Upside Intraday Target	191.12
Upside Intraday Target	206.11
Upside Intraday Target	182.5

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	176.14	196.80	197.48	173.87	0.094 times
18 Fri Oct 2024	192.12	182.00	210.50	182.00	6.654 times
11 Fri Oct 2024	180.68	178.28	196.60	167.32	0.345 times
04 Fri Oct 2024	178.28	181.06	204.00	176.00	0.357 times
27 Fri Sep 2024	181.06	165.05	201.22	165.05	8.534 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
23 Wed Oct 2024	176.14	196.99	210.50	167.32	0.838 times
30 Mon Sep 2024	193.96	177.65	201.22	164.00	2.502 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

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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sarthak Metals stock for short term is BUY. Signal strength is Weak and stock is losing 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 green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 199.64 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.