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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 2024-01-31 View latest technical analysis

10 day averaged volume of Sheela Foam is 52071

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1174.05	1120.00	1179.25	1119.45	1.894 times
30 Tue Jan 2024	1121.90	1151.95	1151.95	1115.75	0.803 times
29 Mon Jan 2024	1148.10	1137.90	1162.00	1123.35	1.287 times
25 Thu Jan 2024	1137.80	1140.00	1145.90	1128.00	0.323 times
24 Wed Jan 2024	1136.25	1115.00	1140.00	1111.65	0.525 times
23 Tue Jan 2024	1119.15	1157.05	1178.00	1112.65	0.693 times
22 Mon Jan 2024	1165.20	1178.00	1182.20	1142.60	1.143 times
19 Fri Jan 2024	1168.50	1165.00	1175.00	1149.25	1.122 times
18 Thu Jan 2024	1153.25	1168.30	1203.00	1149.00	1.468 times
17 Wed Jan 2024	1174.85	1190.00	1198.90	1165.00	1.504 times

My analysis of stock is bearish for shortterm, and stock might move down till 1146.1 or till 1100.8. Use a stoploss of 1183.79 and if the stock hits stoploss, then it can shoot up till 1221.53

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	1209.00
Upside Target	1212.90
Upside Target	1237.00
Upside Target	1254.40
Upside Target	1258.45
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	1133.45
Downside Intraday Target	1092.85
Upside Intraday Target	1196.95
Upside Intraday Target	1219.85
Downside Intraday Target	1156.35

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1174.05	1137.90	1179.25	1115.75	1.484 times
25 Thu Jan 2024	1137.80	1178.00	1182.20	1111.65	0.388 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

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 Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	1174.05	1249.40	1258.45	1111.65	0.567 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 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 BUY. 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sheela Foam in short term and BUY 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

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 1156.34 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.