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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 2024-01-16 View latest technical analysis

10 day averaged volume of Sheela Foam is 69347

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1201.30	1219.20	1226.15	1195.00	0.849 times
15 Mon Jan 2024	1219.20	1229.00	1237.00	1203.10	1.277 times
12 Fri Jan 2024	1223.00	1254.40	1254.40	1215.00	0.837 times
11 Thu Jan 2024	1241.30	1203.95	1250.00	1203.95	1.129 times
10 Wed Jan 2024	1203.35	1206.95	1207.95	1189.60	0.492 times
09 Tue Jan 2024	1204.65	1217.30	1240.00	1197.00	2.676 times
08 Mon Jan 2024	1204.60	1222.85	1232.00	1191.95	1.271 times
05 Fri Jan 2024	1222.85	1227.75	1242.50	1209.00	0.566 times
04 Thu Jan 2024	1227.75	1226.00	1239.95	1216.70	0.596 times
03 Wed Jan 2024	1228.75	1232.55	1237.30	1220.30	0.425 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1206.9, but if it comes above 1206.9, then a intra day buy could be more profitable.
If you take a sell trade below 1206.9, then use 1206.9 as stoploss and 1186.5 as target. However if you take a buy trade in stock , then use 1206.9 as stoploss and 1223.92 as target.

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	1237.00
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	1185.2
Downside Intraday Target	1169.1
Upside Intraday Target	1227.2
Upside Intraday Target	1253.1
Upside Intraday Target	1211.1

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1201.30	1229.00	1237.00	1195.00	0.332 times
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

Price has moved down 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 Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	1201.30	1249.40	1258.45	1189.60	0.334 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sheela Foam ( (SFL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 Weak and stock is losing 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 getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1215.13 and Sheela Foam (SFL) 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 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.