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(SMLT_BE) Sarthak Metals complete technical analysis [charts+indicators] | Buy/Sell Sarthak Metals | (SMLT_BE) share price targets

Complete technical analysis of Sarthak Metals (SMLT_BE) by charts plus indicators, forecast predictions and share price targets for Sarthak Metals (SMLT_BE)

10 day averaged volume of Sarthak Metals is 16556

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	247.35	246.85	252.00	244.05	0.947 times
16 Thu May 2024	244.65	242.60	245.00	239.00	0.506 times
15 Wed May 2024	239.70	239.40	242.30	236.30	0.518 times
14 Tue May 2024	239.90	242.30	247.00	233.60	0.514 times
13 Mon May 2024	241.60	239.70	246.90	230.30	0.482 times
10 Fri May 2024	235.15	236.50	239.80	233.00	0.581 times
09 Thu May 2024	236.50	236.05	244.00	236.00	0.961 times
08 Wed May 2024	241.15	237.25	244.65	237.25	0.533 times
07 Tue May 2024	244.30	257.15	263.30	244.30	1.079 times
06 Mon May 2024	257.15	257.00	269.80	252.00	1.764 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 248.4 as stoploss in an intra day sell trade for a target of 240.66. However, stock will show a bullish move above 248.4.

Share price targets for Sarthak Metals (SMLT_BE)

Target Type	Value
Downside Target	204.00
Downside Target	216.55
Downside Target	222.50
Downside Target	230.00
Upside Target	250.00
Upside Target	252.00
Upside Target	257.90
Upside Target	267.00
Upside Target	269.80
Upside Target	272.95
Upside Target	299.75

Intraday share price targets for Sarthak Metals (SMLT_BE)

Target Type	Value
Downside Intraday Target	234.43
Downside Intraday Target	221.52
Upside Intraday Target	256.13
Upside Intraday Target	264.92
Downside Intraday Target	243.22

Weekly technical analysis of Sarthak Metals (SMLT_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	247.35	239.70	252.00	230.30	0.603 times
10 Fri May 2024	235.15	257.00	269.80	233.00	0.759 times
03 Fri May 2024	257.65	237.15	257.90	237.15	1.55 times
26 Fri Apr 2024	237.15	229.85	239.90	222.50	0.613 times
19 Fri Apr 2024	228.60	215.60	230.00	208.00	1.33 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	247.35	249.85	269.80	230.30	0.479 times
30 Tue Apr 2024	244.80	222.95	250.00	208.00	0.898 times
28 Thu Mar 2024	222.95	249.45	267.00	204.00	0.935 times
29 Thu Feb 2024	246.70	286.75	299.75	240.00	2.785 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_BE)

Price action analysis of Sarthak Metals ( (SMLT_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Sarthak Metals in short term and the buy 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Sarthak Metals in short term and BUY 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

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 244.97 and Sarthak Metals (SMLT_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Sarthak Metals (SMLT_BE) stock. Volume based technical analysis of Sarthak Metals (SMLT_BE) 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.