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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 2024-06-10 View latest technical analysis

10 day averaged volume of Sheela Foam is 105263

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	941.05	938.00	958.85	920.00	8.482 times
07 Fri Jun 2024	913.05	905.00	920.00	897.95	2.859 times
06 Thu Jun 2024	897.45	906.45	908.00	892.75	0.549 times
05 Wed Jun 2024	893.60	875.00	907.95	858.85	0.555 times
04 Tue Jun 2024	872.25	904.00	904.00	854.00	1.056 times
03 Mon Jun 2024	894.70	901.00	923.00	887.90	0.879 times
31 Fri May 2024	886.65	892.00	898.80	884.75	0.329 times
30 Thu May 2024	888.30	902.05	902.05	885.00	0.373 times
29 Wed May 2024	900.90	902.00	904.80	896.00	0.21 times
28 Tue May 2024	902.90	899.00	910.00	892.00	0.315 times

Stock of Sheela Foam (SFL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 945.8, for a target of 925.2 or 908.1

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Downside Target	937.80
Upside Target	958.85
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	921.08
Downside Intraday Target	901.12
Upside Intraday Target	959.93
Upside Intraday Target	978.82
Downside Intraday Target	939.97

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	941.05	938.00	958.85	920.00	1.438 times
07 Fri Jun 2024	913.05	901.00	923.00	854.00	1.438 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

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
10 Mon Jun 2024	941.05	901.00	958.85	854.00	0.949 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 921.71 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.