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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 2024-01-22 View latest technical analysis

10 day averaged volume of Sheela Foam is 80479

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	1165.20	1178.00	1182.20	1142.60	0.74 times
19 Fri Jan 2024	1168.50	1165.00	1175.00	1149.25	0.726 times
18 Thu Jan 2024	1153.25	1168.30	1203.00	1149.00	0.95 times
17 Wed Jan 2024	1174.85	1190.00	1198.90	1165.00	0.973 times
16 Tue Jan 2024	1201.30	1219.20	1226.15	1195.00	0.732 times
15 Mon Jan 2024	1219.20	1229.00	1237.00	1203.10	1.1 times
12 Fri Jan 2024	1223.00	1254.40	1254.40	1215.00	0.721 times
11 Thu Jan 2024	1241.30	1203.95	1250.00	1203.95	0.973 times
10 Wed Jan 2024	1203.35	1206.95	1207.95	1189.60	0.424 times
09 Tue Jan 2024	1204.65	1217.30	1240.00	1197.00	2.306 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1184.9, but if it comes above 1184.9, then a intra day buy could be more profitable.
If you take a sell trade below 1184.9, then use 1184.9 as stoploss and 1152 as target. However if you take a buy trade in stock , then use 1184.9 as stoploss and 1212.38 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
Upside Target	1176.00
Upside Target	1212.90
Upside Target	1237.00
Upside Target	1254.40
Upside Target	1255.10
Upside Target	1258.45
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	1144.47
Downside Intraday Target	1123.73
Upside Intraday Target	1184.07
Upside Intraday Target	1202.93
Downside Intraday Target	1163.33

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	1165.20	1178.00	1182.20	1142.60	0.165 times
19 Fri Jan 2024	1168.50	1229.00	1237.00	1149.00	0.812 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

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
22 Mon Jan 2024	1165.20	1249.40	1258.45	1142.60	0.447 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sheela Foam ( (SFL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 SELL. Signal strength is Weak and stock is losing momentum.

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

Sheela Foam 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sheela Foam is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1197.25 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.