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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 2024-08-09 View latest technical analysis

10 day averaged volume of Sheela Foam is 112306

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	957.05	950.95	967.45	949.05	0.251 times
08 Thu Aug 2024	946.20	955.35	958.65	930.00	0.914 times
07 Wed Aug 2024	955.25	959.95	963.90	950.55	0.423 times
06 Tue Aug 2024	951.95	975.00	989.85	947.05	2.458 times
05 Mon Aug 2024	970.05	948.00	987.00	942.05	2.596 times
02 Fri Aug 2024	998.30	998.00	1007.00	993.55	0.655 times
01 Thu Aug 2024	1009.75	1028.65	1031.30	1006.00	0.713 times
31 Wed Jul 2024	1023.50	1017.00	1043.60	1017.00	0.452 times
30 Tue Jul 2024	1027.45	1033.25	1038.90	1023.10	0.574 times
29 Mon Jul 2024	1028.10	1030.40	1061.65	1025.05	0.799 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 972.2, but if it comes above 972.2, then a intra day buy could be more profitable.
If you take a sell trade below 972.2, then use 972.2 as stoploss and 936 as target. However if you take a buy trade in stock , then use 972.2 as stoploss and 1002.34 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Downside Target	918.55
Upside Target	960.45
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	928.08
Downside Intraday Target	899.12
Upside Intraday Target	987.93
Upside Intraday Target	1018.82
Upside Intraday Target	958.97

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	957.05	948.00	989.85	930.00	2.081 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
09 Fri Aug 2024	957.05	1028.65	1031.30	930.00	0.236 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 losing momentum.

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

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

MRSI is in positive zone. This is a BUY 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 977.62 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.