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Stock analysis Sarthak Metals Limited SMLT

More indepth analysis on MunafaSutra.com

Moving Averages for Sarthak Metals Limited

  • 5Day Average: 360.02
  • 12Day Average: 341.45
  • 20Day Average: 312.55
  • 50Day Average: 277.01
  • 100Day Average: 254.86
  • 150Day Average: 230.74
  • 200Day Average: 214.9

SMLT Indicators & signals

Indicator MACD (12,26,9)

334.84, 312.21, 24.29
Indicator MACD is in positive zone

Indicator ADX (14)

16.71, 33.33, 23.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SMLT Sarthak Metals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Feb 2024 301.80 301.80 to 301.80 -4.99% 0.06 times
12 Mon Feb 2024 317.65 317.65 to 317.65 -9.99% 0.05 times
09 Fri Feb 2024 352.90 352.90 to 352.90 -10% 0.1 times
08 Thu Feb 2024 392.10 392.10 to 429.95 -10% 0.77 times
07 Wed Feb 2024 435.65 385.05 to 448.00 11.29% 3.39 times
06 Tue Feb 2024 391.45 333.50 to 397.65 18.12% 3.38 times
05 Mon Feb 2024 331.40 326.00 to 361.25 1.73% 0.51 times
02 Fri Feb 2024 325.75 319.85 to 331.20 0.82% 0.22 times
01 Thu Feb 2024 323.10 317.25 to 329.90 0.12% 0.47 times
31 Wed Jan 2024 322.70 297.15 to 328.00 6.54% 0.72 times
30 Tue Jan 2024 302.90 297.20 to 309.15 0.97% 0.39 times
29 Mon Jan 2024 300.00 294.00 to 318.00 -2.49% 0.65 times

Technical analysis forecast for Sarthak Metals Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sarthak Metals Limited SMLT at this time. Stock is falling and might fall more.

It appears as if Sarthak Metals Limited SMLT gave a large move recently.

Stock of Sarthak Metals Limited (SMLT) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Sarthak Metals Limited is bearish for shortterm, and stock might move down till 272.2 or till 213.4. Use a stoploss of 321.15 and if the stock hits stoploss, then it can shoot up till 370.12

More indepth analysis on MunafaSutra.com