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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 2024-08-07 View latest technical analysis

10 day averaged volume of Sheela Foam is 108519

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	955.25	959.95	963.90	950.55	0.438 times
06 Tue Aug 2024	951.95	975.00	989.85	947.05	2.544 times
05 Mon Aug 2024	970.05	948.00	987.00	942.05	2.687 times
02 Fri Aug 2024	998.30	998.00	1007.00	993.55	0.678 times
01 Thu Aug 2024	1009.75	1028.65	1031.30	1006.00	0.738 times
31 Wed Jul 2024	1023.50	1017.00	1043.60	1017.00	0.468 times
30 Tue Jul 2024	1027.45	1033.25	1038.90	1023.10	0.594 times
29 Mon Jul 2024	1028.10	1030.40	1061.65	1025.05	0.826 times
26 Fri Jul 2024	1025.25	1038.00	1038.00	1016.35	0.43 times
25 Thu Jul 2024	1028.40	1015.00	1038.60	1010.25	0.488 times

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 953.3, for a target of 983.9 or 1009.4

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Downside Target	918.55
Downside Target	942.05
Upside Target	1001.65
Upside Target	1012.00
Upside Target	1031.30
Upside Target	1038.60
Upside Target	1051.65
Upside Target	1061.65
Upside Target	1067.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	934.92
Downside Intraday Target	914.58
Upside Intraday Target	982.72
Upside Intraday Target	1010.18
Upside Intraday Target	962.38

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	955.25	948.00	989.85	942.05	1.716 times
02 Fri Aug 2024	998.30	1030.40	1061.65	993.55	0.899 times
26 Fri Jul 2024	1025.25	988.00	1038.60	960.45	0.604 times
19 Fri Jul 2024	1000.00	1041.35	1051.65	983.10	0.908 times
12 Fri Jul 2024	1036.15	1048.00	1067.00	1001.65	0.398 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
07 Wed Aug 2024	955.25	1028.65	1031.30	942.05	0.201 times
31 Wed Jul 2024	1023.50	919.95	1067.00	918.55	1.335 times
28 Fri Jun 2024	915.05	901.00	975.00	854.00	1.793 times
31 Fri May 2024	886.65	906.05	996.80	884.75	0.598 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sheela Foam stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sheela Foam in short term but the sell 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Sheela Foam in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 985.75 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 positive

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