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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 2024-05-16 View latest technical analysis

10 day averaged volume of Sheela Foam is 40981

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	924.40	931.00	931.00	914.95	0.697 times
15 Wed May 2024	918.30	911.05	922.00	908.85	0.696 times
14 Tue May 2024	908.90	913.00	930.00	906.45	1.289 times
13 Mon May 2024	910.00	910.00	916.85	894.25	0.769 times
10 Fri May 2024	912.30	903.65	919.00	896.00	0.802 times
09 Thu May 2024	899.15	905.00	905.70	892.50	0.92 times
08 Wed May 2024	902.85	906.00	911.20	894.00	0.647 times
07 Tue May 2024	899.90	909.45	911.40	889.00	1.319 times
06 Mon May 2024	904.05	912.00	914.00	895.10	1.068 times
03 Fri May 2024	906.50	916.40	918.00	901.50	1.25 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 923.8, but if it comes below 923.8, then a intra day sell could be more profitable.
If you take a sell trade below 923.8, then use 923.8 as stoploss and 913.49 as target. However if you take a buy trade in stock , then use 923.8 as stoploss and 936.2 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	889.00
Upside Target	938.30
Upside Target	945.95
Upside Target	961.20
Upside Target	1012.00
Upside Target	1022.00
Upside Target	1067.00
Upside Target	1111.65
Upside Target	1177.85
Upside Target	1258.45

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	902.1
Downside Intraday Target	879.8
Upside Intraday Target	938.85
Upside Intraday Target	953.3
Downside Intraday Target	916.55

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	924.40	910.00	931.00	894.25	0.726 times
10 Fri May 2024	912.30	912.00	919.00	889.00	0.371 times
03 Fri May 2024	906.50	907.00	938.30	900.50	0.913 times
26 Fri Apr 2024	905.10	937.90	945.95	902.45	1.937 times
19 Fri Apr 2024	934.10	940.00	961.20	911.10	0.606 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
16 Thu May 2024	924.40	906.05	931.00	889.00	0.164 times
30 Tue Apr 2024	904.40	946.00	1012.00	900.50	1.659 times
28 Thu Mar 2024	943.70	1041.70	1067.00	918.05	1.631 times
29 Thu Feb 2024	1036.00	1174.90	1177.85	1022.00	0.722 times

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Sheela Foam in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 but buying is losing 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 907.63 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 rising upwards.

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 is giving positive 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.