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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 2024-02-19 View latest technical analysis

10 day averaged volume of Sheela Foam is 54981

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	1079.65	1090.55	1100.00	1072.65	0.699 times
16 Fri Feb 2024	1086.20	1090.70	1109.40	1080.00	0.636 times
15 Thu Feb 2024	1090.30	1085.00	1099.00	1080.05	0.42 times
14 Wed Feb 2024	1084.05	1080.00	1111.00	1080.00	1.644 times
13 Tue Feb 2024	1091.00	1070.00	1118.95	1043.70	1.045 times
12 Mon Feb 2024	1076.05	1096.05	1106.00	1070.10	0.701 times
09 Fri Feb 2024	1093.95	1122.30	1124.95	1089.20	0.796 times
08 Thu Feb 2024	1127.20	1135.00	1144.60	1118.10	0.961 times
07 Wed Feb 2024	1137.35	1145.15	1145.15	1115.40	1.963 times
06 Tue Feb 2024	1165.60	1159.00	1170.60	1121.05	0.974 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1092.2, but if it comes above 1092.2, then a intra day buy could be more profitable.
If you take a sell trade below 1092.2, then use 1092.2 as stoploss and 1056.2 as target. However if you take a buy trade in stock , then use 1092.2 as stoploss and 1122.17 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	1000.05
Downside Target	1043.70
Upside Target	1139.95
Upside Target	1170.60
Upside Target	1176.00
Upside Target	1177.85
Upside Target	1179.25
Upside Target	1182.20
Upside Target	1192.45
Upside Target	1258.45
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	1068.2
Downside Intraday Target	1056.75
Upside Intraday Target	1095.55
Upside Intraday Target	1111.45
Upside Intraday Target	1084.1

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	1079.65	1090.55	1100.00	1072.65	0.157 times
16 Fri Feb 2024	1086.20	1096.05	1118.95	1043.70	0.801 times
09 Fri Feb 2024	1093.95	1147.00	1170.60	1089.20	1.001 times
02 Fri Feb 2024	1130.45	1137.90	1179.25	1115.75	2.183 times
25 Thu Jan 2024	1137.80	1178.00	1182.20	1111.65	0.388 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
19 Mon Feb 2024	1079.65	1174.90	1177.85	1043.70	0.503 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Sheela Foam stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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

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 1108.04 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.