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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 2024-08-29 View latest technical analysis

10 day averaged volume of Sheela Foam is 71106

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	928.10	939.00	939.00	918.60	0.522 times
28 Wed Aug 2024	934.95	949.00	949.00	930.00	0.661 times
27 Tue Aug 2024	944.40	947.00	952.95	936.60	0.582 times
26 Mon Aug 2024	943.55	939.45	948.55	939.45	0.418 times
23 Fri Aug 2024	939.45	950.00	955.35	937.00	0.487 times
22 Thu Aug 2024	944.60	947.00	957.80	939.75	0.883 times
21 Wed Aug 2024	939.75	934.00	946.00	933.00	0.685 times
20 Tue Aug 2024	934.15	926.00	940.00	926.00	0.718 times
19 Mon Aug 2024	924.70	908.85	940.70	908.85	3.325 times
16 Fri Aug 2024	904.30	910.45	917.50	903.05	1.402 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 918.4 as stoploss in an intra day buy trade for a target of 944. However, stock will show a bearish move below 918.4.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	854.00
Downside Target	884.75
Upside Target	952.95
Upside Target	975.00
Upside Target	989.85
Upside Target	993.55
Upside Target	996.80
Upside Target	1012.00
Upside Target	1031.30
Upside Target	1061.65
Upside Target	1067.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	913.48
Downside Intraday Target	898.87
Upside Intraday Target	947.83
Upside Intraday Target	967.57
Upside Intraday Target	933.22

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	928.10	939.45	952.95	918.60	0.358 times
23 Fri Aug 2024	939.45	908.85	957.80	908.85	0.926 times
16 Fri Aug 2024	904.30	961.50	961.50	903.05	0.628 times
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

Price has moved down 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
29 Thu Aug 2024	928.10	1028.65	1031.30	903.05	0.512 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 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 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 neutral. A longer time frame might give a better analysis.

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 BUY signal for Sheela Foam in short term but the buy signal is initial and weak.

Sheela Foam Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling 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 928.95 and Sheela Foam (SFL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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