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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 2024-06-05 View latest technical analysis

10 day averaged volume of Sheela Foam is 126092

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	893.60	875.00	907.95	858.85	0.464 times
04 Tue Jun 2024	872.25	904.00	904.00	854.00	0.882 times
03 Mon Jun 2024	894.70	901.00	923.00	887.90	0.733 times
31 Fri May 2024	886.65	892.00	898.80	884.75	0.274 times
30 Thu May 2024	888.30	902.05	902.05	885.00	0.312 times
29 Wed May 2024	900.90	902.00	904.80	896.00	0.175 times
28 Tue May 2024	902.90	899.00	910.00	892.00	0.263 times
27 Mon May 2024	893.95	912.30	912.30	892.20	2.399 times
24 Fri May 2024	905.90	913.80	913.85	900.50	0.471 times
23 Thu May 2024	912.80	926.55	931.70	907.40	0.699 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 891.3 as stoploss in an intra day buy trade for a target of 906.6. However, stock will show a bearish move below 891.3.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Upside Target	923.00
Upside Target	937.80
Upside Target	996.80
Upside Target	1012.00
Upside Target	1022.00
Upside Target	1067.00
Upside Target	1177.85

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	857.4
Downside Intraday Target	821.2
Upside Intraday Target	926.4
Upside Intraday Target	959.2
Downside Intraday Target	890.2

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	893.60	901.00	923.00	854.00	0.607 times
31 Fri May 2024	886.65	912.30	912.30	884.75	0.632 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

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
05 Wed Jun 2024	893.60	901.00	923.00	854.00	0.164 times
31 Fri May 2024	886.65	906.05	996.80	884.75	0.598 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

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Sheela Foam in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sheela Foam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sheela Foam in short term but BUY signal is weak.

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

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 893.93 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.