Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-01 View latest technical analysis

10 day averaged volume of Sheela Foam is 56041

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1136.60	1174.90	1177.85	1131.95	1.259 times
31 Wed Jan 2024	1174.05	1120.00	1179.25	1119.45	1.759 times
30 Tue Jan 2024	1121.90	1151.95	1151.95	1115.75	0.746 times
29 Mon Jan 2024	1148.10	1137.90	1162.00	1123.35	1.196 times
25 Thu Jan 2024	1137.80	1140.00	1145.90	1128.00	0.301 times
24 Wed Jan 2024	1136.25	1115.00	1140.00	1111.65	0.488 times
23 Tue Jan 2024	1119.15	1157.05	1178.00	1112.65	0.644 times
22 Mon Jan 2024	1165.20	1178.00	1182.20	1142.60	1.062 times
19 Fri Jan 2024	1168.50	1165.00	1175.00	1149.25	1.043 times
18 Thu Jan 2024	1153.25	1168.30	1203.00	1149.00	1.364 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1141.6, but if it comes above 1141.6, then a intra day buy could be more profitable.
If you take a sell trade below 1141.6, then use 1141.6 as stoploss and 1096.5 as target. However if you take a buy trade in stock , then use 1141.6 as stoploss and 1179.18 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	1000.05
Downside Target	1058.00
Downside Target	1111.65
Upside Target	1176.00
Upside Target	1189.60
Upside Target	1192.45
Upside Target	1209.00
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	1108.48
Downside Intraday Target	1080.37
Upside Intraday Target	1171.98
Upside Intraday Target	1207.37
Upside Intraday Target	1143.87

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	1136.60	1137.90	1179.25	1115.75	1.989 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 down 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
01 Thu Feb 2024	1136.60	1174.90	1177.85	1131.95	0.052 times
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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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.

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 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1151.2 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 negative.

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