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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
SM

SMTO3.SA

$21.00
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-27
HTR non-permissible income 5.96%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

São Martinho S.A. (SMTO3.SA) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-27). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$20.74
-1.2% · 10 analysts
Institutional own.
11.4%
of shares
NON-COMPLIANT
Sharia compliance
5.96%
Non-permissible income — HTR, from filings (2026-03-31)
$20.74
Price target (-1.2%) · 10 analysts
11.4%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. SMTO3.SA files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 172.11% 30.00% Fail
Interest-bearing investments 68.86% 30.00% Fail
Non-permissible income 5.96% 5.00% Fail

Usmani Fail

RatioValueThresholdResult
Interest-bearing debt 44.86% 33.00% Fail
Interest-bearing investments 17.95% 33.00% Pass
Non-liquid assets 80.49% at least 20.00% Pass
Non-permissible income 5.96% 5.00% Fail

MSCI Fail

RatioValueThresholdResult
Interest-bearing debt 44.86% 33.33% Fail
Cash + interest-bearing securities 17.95% 33.33% Pass
Accounts receivable 19.51% 33.33% Pass
Non-permissible income 5.96% 5.00% Fail

FTSE Fail

RatioValueThresholdResult
Interest-bearing debt 44.86% 33.33% Fail
Cash + interest-bearing securities 17.95% 33.33% Pass
Accounts receivable 19.51% 50.00% Pass
Non-permissible income 5.96% 5.00% Fail

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 191.54% 33.00% Fail
Cash + interest-bearing securities 76.63% 33.00% Fail
Accounts receivable 6.69% 33.00% Pass
Non-permissible income 5.96% 5.00% Fail

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 159.65% 33.00% Fail
Cash + interest-bearing securities 63.87% 49.00% Fail
Accounts receivable 5.57% 49.00% Pass
Non-permissible income 5.96% 5.00% Fail

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 159.65% 33.33% Fail
Cash + interest-bearing securities 63.87% 33.33% Fail
Accounts receivable 69.45% 49.00% Fail
Non-permissible income 5.96% 5.00% Fail

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

21.2119.1117.0114.9212.822025-09-112026-03-132026-09-10

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
19.16
S2
19.55
S1
19.90
PIVOT
20.29
R1
20.64
R2
21.03
R3
21.38

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
17.2914 22.8286
±13.8% from 20.06, made 2026-09-04 · resolves 2026-09-11
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 21938 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)70.30SELL
Stochastic %K (14)91.22SELL
CCI (20)89.22NEUTRAL
Williams %R (14)-8.78SELL
MACD (12,26,9)0.14BUY
ROC (10)12.72BUY
Momentum (10)2.37BUY
EMA (10)20.06BUY
SMA (10)20.23BUY
EMA (20)18.94BUY
SMA (20)18.59BUY
EMA (30)18.17BUY
SMA (30)17.23BUY
EMA (50)17.39BUY
SMA (50)16.54BUY
EMA (100)16.82BUY
SMA (100)16.45BUY
EMA (200)16.33BUY
SMA (200)16.30BUY

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About São Martinho S.A.

Basic Materials · Specialty Chemicals

São Martinho S.A., together with its subsidiaries, engages in the production and sale of sugar, ethanol, and other sugarcane byproducts in Brazil. The company operates through Sugar, Ethanol, Corm Ethanol, Electric Power, Real Estate Businesses, Yeast, and Other Products segment. It offers a range of raw sugar; hydrated ethanol, which is used in tanks of cars powered by ethanol; anhydrous ethanol that is used as a gasoline additive in gasoline-powered vehicles; and industrial ethanol, which is primarily used in the production of paints, cosmetics, and alcoholic beverages. The company also generates electricity from sugarcane bagasse; provides byproducts, including yeast used in animal feed; offers fusel oil used as a solvent and pure amyl ethanol; and SMartLiO, a substitute for soybean oil used in the production of biofuels, paint, and chemicals, as well as Dried Distillers Grains with Solubles, an animal nutrition for ruminants, pigs, horses, birds, fish, and pets. In addition, it is involved in the cultivation of sugarcane; development of real estate properties; import and export of goods, products, and raw materials; agricultural productions; and investment in other companies. The company was founded in 1914 and is based in São Paulo, Brazil. São Martinho S.A. is a subsidiary of LJN Participações S.A.

saomartinho.com.br ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.