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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 13057

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 247.35 246.85 252.00 244.05 1.201 times
16 Thu May 2024 244.65 242.60 245.00 239.00 0.642 times
15 Wed May 2024 239.70 239.40 242.30 236.30 0.657 times
14 Tue May 2024 239.90 242.30 247.00 233.60 0.652 times
13 Mon May 2024 241.60 239.70 246.90 230.30 0.611 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 12, 44 Buy
MACD 5, 5Buy
Stochastics 34None
CCI 51Buy
RSI 55Buy
OBV 148928Sell
VWAP 245Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 red color and prices are in or above the red 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.

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