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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 2024-05-27 View latest technical analysis

10 day averaged volume of Sheela Foam is 86668

Date	Daily Closing Price	Open	High	Low	Volume
27 Mon May 2024	893.95	912.30	912.30	892.20	3.491 times
24 Fri May 2024	905.90	913.80	913.85	900.50	0.685 times
23 Thu May 2024	912.80	926.55	931.70	907.40	1.017 times
22 Wed May 2024	922.70	949.00	996.80	909.65	5.515 times
21 Tue May 2024	924.40	938.00	950.00	913.90	0.663 times
18 Sat May 2024	931.00	937.80	937.80	910.15	0.154 times
17 Fri May 2024	928.80	925.00	936.00	924.10	0.334 times
16 Thu May 2024	924.40	931.00	931.00	914.95	0.33 times
15 Wed May 2024	918.30	911.05	922.00	908.85	0.329 times
14 Tue May 2024	908.90	913.00	930.00	906.45	0.609 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 889.6, for a target of 901.7 or 911.8

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	889.00
Upside Target	937.80
Upside Target	938.30
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	886.67
Downside Intraday Target	879.38
Upside Intraday Target	906.77
Upside Intraday Target	919.58
Upside Intraday Target	899.48

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Mon May 2024	893.95	912.30	912.30	892.20	0.443 times
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

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
27 Mon May 2024	893.95	906.05	996.80	889.00	0.55 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 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 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 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 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 but buying is losing 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 913.04 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.