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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 2024-06-21 View latest technical analysis

10 day averaged volume of Sheela Foam is 198911

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	946.45	963.00	975.00	941.65	0.65 times
20 Thu Jun 2024	956.00	943.65	959.90	935.00	0.531 times
19 Wed Jun 2024	938.95	940.00	945.75	930.05	0.296 times
18 Tue Jun 2024	939.90	943.00	943.00	930.00	0.452 times
14 Fri Jun 2024	933.05	934.00	948.95	925.50	0.626 times
13 Thu Jun 2024	931.15	930.00	940.00	921.15	0.434 times
12 Wed Jun 2024	929.40	930.00	943.40	925.00	0.525 times
11 Tue Jun 2024	927.15	950.00	952.80	923.05	0.844 times
10 Mon Jun 2024	941.05	938.00	958.85	920.00	4.489 times
07 Fri Jun 2024	913.05	905.00	920.00	897.95	1.513 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 938, but if it comes below 938, then a intra day sell could be more profitable.
If you take a sell trade below 938, then use 938 as stoploss and 914.64 as target. However if you take a buy trade in stock , then use 938 as stoploss and 965.9 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Upside Target	958.85
Upside Target	975.00
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	925.97
Downside Intraday Target	905.48
Upside Intraday Target	970.97
Upside Intraday Target	995.48
Upside Intraday Target	950.48

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	946.45	943.00	975.00	930.00	0.279 times
14 Fri Jun 2024	933.05	938.00	958.85	920.00	2.216 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

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
21 Fri Jun 2024	946.45	901.00	975.00	854.00	1.492 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 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 935.33 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.