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

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

Showing technical analysis as on 2024-01-12 View latest technical analysis

10 day averaged volume of Sheela Foam is 64696

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1223.00	1254.40	1254.40	1215.00	0.897 times
11 Thu Jan 2024	1241.30	1203.95	1250.00	1203.95	1.21 times
10 Wed Jan 2024	1203.35	1206.95	1207.95	1189.60	0.527 times
09 Tue Jan 2024	1204.65	1217.30	1240.00	1197.00	2.868 times
08 Mon Jan 2024	1204.60	1222.85	1232.00	1191.95	1.362 times
05 Fri Jan 2024	1222.85	1227.75	1242.50	1209.00	0.607 times
04 Thu Jan 2024	1227.75	1226.00	1239.95	1216.70	0.639 times
03 Wed Jan 2024	1228.75	1232.55	1237.30	1220.30	0.455 times
02 Tue Jan 2024	1239.55	1253.30	1253.30	1228.10	0.784 times
01 Mon Jan 2024	1246.55	1249.40	1258.45	1231.00	0.797 times

My analysis of stock is bearish for shortterm, and stock might move down till 1208.2 or till 1181.9. Use a stoploss of 1230.18 and if the stock hits stoploss, then it can shoot up till 1252.11

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	1000.05
Downside Target	1058.00
Downside Target	1092.00
Downside Target	1139.95
Downside Target	1176.00
Upside Target	1254.40
Upside Target	1255.10
Upside Target	1258.45
Upside Target	1289.00
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	1190.27
Downside Intraday Target	1157.53
Upside Intraday Target	1255.07
Upside Intraday Target	1287.13
Downside Intraday Target	1222.33

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1223.00	1222.85	1254.40	1189.60	2.092 times
05 Fri Jan 2024	1222.85	1249.40	1258.45	1209.00	1.081 times
29 Fri Dec 2023	1240.40	1220.00	1255.10	1203.15	0.316 times
22 Fri Dec 2023	1218.95	1289.00	1289.00	1177.00	0.537 times
15 Fri Dec 2023	1286.45	1149.30	1297.00	1146.00	3.114 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Jan 2024	1223.00	1249.40	1258.45	1189.60	0.273 times
29 Fri Dec 2023	1240.40	1148.35	1297.00	1139.95	1.763 times
30 Thu Nov 2023	1148.75	1081.25	1192.45	1058.00	0.827 times
31 Tue Oct 2023	1079.75	1148.90	1176.00	1000.05	0.618 times

Scroll below to view daily charts

Price has moved down 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 Sheela Foam (SFL)

Price action analysis of Sheela Foam ( (SFL) ) 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 Sheela Foam ( (SFL) ) based on a short 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 Sheela Foam ( (SFL) ) based on a short to mid 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 Sheela Foam ( (SFL) ) 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 Sheela Foam stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sheela Foam in short term but the sell signal is initial and weak.

Sheela Foam 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Sheela Foam in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Sheela Foam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1220.18 and Sheela Foam (SFL) 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 Sheela Foam (SFL) stock. Volume based technical analysis of Sheela Foam (SFL) stock is negative.

Sheela Foam 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.