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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 2024-05-22 View latest technical analysis

10 day averaged volume of Sheela Foam is 33827

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed May 2024	922.70	949.00	996.80	909.65	14.129 times
21 Tue May 2024	924.40	938.00	950.00	913.90	1.698 times
18 Sat May 2024	931.00	937.80	937.80	910.15	0.396 times
17 Fri May 2024	928.80	925.00	936.00	924.10	0.855 times
16 Thu May 2024	924.40	931.00	931.00	914.95	0.845 times
15 Wed May 2024	918.30	911.05	922.00	908.85	0.843 times
14 Tue May 2024	908.90	913.00	930.00	906.45	1.562 times
13 Mon May 2024	910.00	910.00	916.85	894.25	0.932 times
10 Fri May 2024	912.30	903.65	919.00	896.00	0.972 times
09 Thu May 2024	899.15	905.00	905.70	892.50	1.115 times

Stock of Sheela Foam (SFL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 925.2 as stoploss in an intra day sell trade for a target of 914.45. However, stock will show a bullish move above 925.2.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	889.00
Upside Target	937.80
Upside Target	945.95
Upside Target	996.80
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	889.3
Downside Intraday Target	855.9
Upside Intraday Target	976.45
Upside Intraday Target	1030.2
Upside Intraday Target	943.05

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed May 2024	922.70	938.00	996.80	909.65	2.914 times
18 Sat May 2024	931.00	910.00	937.80	894.25	0.943 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

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
22 Wed May 2024	922.70	906.05	996.80	889.00	0.381 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 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 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 Strong 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 tired and bears 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 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 920.1 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.