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

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

Showing technical analysis as on 2024-02-05 View latest technical analysis

10 day averaged volume of Smel is 13000

Date Daily Closing Price Open High Low Volume
05 Mon Feb 2024 18.37 18.37 18.37 18.37 0.385 times
25 Thu Jan 2024 17.50 18.75 18.75 17.50 0.769 times
24 Wed Jan 2024 18.00 16.30 18.00 16.30 2.308 times
22 Mon Jan 2024 17.15 17.10 17.15 17.10 0.769 times
09 Tue Jan 2024 18.00 18.00 18.00 18.00 0.385 times
12 Tue Dec 2023 18.00 18.00 18.00 18.00 1.538 times
27 Fri Oct 2023 17.60 17.60 17.60 17.60 0.385 times
26 Thu Oct 2023 22.00 22.00 22.00 22.00 0.385 times
05 Tue Sep 2023 22.50 22.00 22.50 22.00 1.538 times
30 Wed Aug 2023 27.00 27.00 27.00 27.00 0.385 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 18.7, but if it comes above 18.7, then a intra day buy could be more profitable.
If you take a sell trade below 18.7, then use 18.7 as stoploss and 12.4 as target. However if you take a buy trade in stock , then use 18.7 as stoploss and 24.05 as target.

Share price targets for Smel (Smel)

Target Type Value
Downside Target 16.30
Downside Target 17.60
Downside Target 18.00
Downside Target 18.37
Upside Target 18.75
Upside Target 22.00
Upside Target 22.50

Intraday share price targets for Smel (Smel)

Target Type Value
Downside Intraday Target 18.37
Downside Intraday Target 18.37
Downside Intraday Target 18.37
Downside Intraday Target 18.37
Downside Intraday Target 18.37

Weekly technical analysis of Smel (Smel)

Date Weekly Closing Price Open High Low Volume
05 Mon Feb 2024 18.37 18.37 18.37 18.37 0.1 times
25 Thu Jan 2024 17.50 17.10 18.75 16.30 10 times
09 Tue Jan 2024 18.00 18.00 18.00 18.00 0.25 times
12 Tue Dec 2023 18.00 18.00 18.00 18.00 0.667 times
27 Fri Oct 2023 17.60 22.00 22.50 17.60 6 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 Smel (Smel)

Date Monthly Closing Price Open High Low Volume
05 Mon Feb 2024 18.37 18.37 18.37 18.37 0.091 times
25 Thu Jan 2024 17.50 18.00 18.75 16.30 2.75 times
12 Tue Dec 2023 18.00 18.00 18.00 18.00 2 times
27 Fri Oct 2023 17.60 22.00 22.00 17.60 0.5 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 Smel (Smel)

Price action analysis of Smel ( (Smel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Smel ( (Smel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Smel ( (Smel) ) based on a short to mid 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 Smel ( (Smel) ) based on a mid to longer 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.

ADX buy sell signal for Smel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Smel in short term and the sell signal is strong.

Smel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Smel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Smel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.23 and Smel (Smel) 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 Smel (Smel) stock. Volume based technical analysis of Smel (Smel) stock is negative.

Smel 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.

Price action analysis of Smel ( (Smel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Smel ( (Smel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Smel ( (Smel) ) based on a short to mid 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 Smel ( (Smel) ) based on a mid to longer 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.

ADX buy sell signal for Smel stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Smel in short term and the sell signal is strong.

Smel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 Smel in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 Smel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 19.23 and Smel (Smel) 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 Smel (Smel) stock. Volume based technical analysis of Smel (Smel) stock is negative.

Smel 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.

Click here for Smel charts

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Daily charts

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Daily chart
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