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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 2024-05-24 View latest technical analysis

10 day averaged volume of Sheela Foam is 84016

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	905.90	913.80	913.85	900.50	0.707 times
23 Thu May 2024	912.80	926.55	931.70	907.40	1.049 times
22 Wed May 2024	922.70	949.00	996.80	909.65	5.689 times
21 Tue May 2024	924.40	938.00	950.00	913.90	0.684 times
18 Sat May 2024	931.00	937.80	937.80	910.15	0.159 times
17 Fri May 2024	928.80	925.00	936.00	924.10	0.344 times
16 Thu May 2024	924.40	931.00	931.00	914.95	0.34 times
15 Wed May 2024	918.30	911.05	922.00	908.85	0.339 times
14 Tue May 2024	908.90	913.00	930.00	906.45	0.629 times
13 Mon May 2024	910.00	910.00	916.85	894.25	0.375 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 903 as stoploss in an intra day buy trade for a target of 912.35. However, stock will show a bearish move below 903.

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	872
Downside Intraday Target	838.1
Upside Intraday Target	968.3
Upside Intraday Target	1030.7
Upside Intraday Target	934.4

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	905.90	938.00	996.80	900.50	3.717 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
24 Fri May 2024	905.90	906.05	996.80	889.00	0.436 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 losing momentum.

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

Sheela Foam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 919.59 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.