Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(SHEETAL_SM) Sheetal Universal complete technical analysis [charts+indicators] | Buy/Sell Sheetal Universal | (SHEETAL_SM) share price targets

Complete technical analysis of Sheetal Universal (SHEETAL_SM) by charts plus indicators, forecast predictions and share price targets for Sheetal Universal (SHEETAL_SM)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Sheetal Universal is 54200

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	58.95	59.00	60.20	58.00	1.033 times
22 Mon Jul 2024	59.55	60.50	60.50	59.50	0.48 times
19 Fri Jul 2024	59.50	60.50	61.50	59.00	1.402 times
18 Thu Jul 2024	61.00	61.00	61.65	60.05	0.959 times
16 Tue Jul 2024	60.80	63.90	63.90	60.00	1.181 times
22 Mon Apr 2024	70.85	64.50	70.95	63.50	1.808 times
19 Fri Apr 2024	64.50	64.30	67.70	64.10	1.107 times
18 Thu Apr 2024	64.40	66.80	66.90	64.00	0.369 times
16 Tue Apr 2024	66.35	67.00	67.00	66.10	0.48 times
15 Mon Apr 2024	66.25	69.50	69.80	66.00	1.181 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 60.6, but if it comes above 60.6, then a intra day buy could be more profitable.
If you take a sell trade below 60.6, then use 60.6 as stoploss and 56.5 as target. However if you take a buy trade in stock , then use 60.6 as stoploss and 64.05 as target.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	55.10
Downside Target	58.00
Upside Target	63.90
Upside Target	66.00
Upside Target	69.80
Upside Target	70.80
Upside Target	70.95
Upside Target	72.75
Upside Target	78.10
Upside Target	86.95

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	57.8
Downside Intraday Target	56.65
Upside Intraday Target	60.3
Upside Intraday Target	61.65
Upside Intraday Target	59.15

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	58.95	60.50	60.50	58.00	0.283 times
19 Fri Jul 2024	59.50	64.50	70.95	59.00	1.706 times
19 Fri Apr 2024	64.50	69.50	69.80	64.00	1.164 times
12 Fri Apr 2024	69.85	64.20	70.80	64.10	0.785 times
05 Fri Apr 2024	63.50	62.00	66.00	60.00	0.795 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 Sheetal Universal (SHEETAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	58.95	63.90	63.90	58.00	0.457 times
22 Mon Apr 2024	70.85	62.00	70.95	60.00	0.52 times
28 Thu Mar 2024	61.15	71.25	72.75	55.10	1.503 times
29 Thu Feb 2024	71.05	78.00	78.10	70.50	0.582 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 Sheetal Universal (SHEETAL_SM)

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sheetal Universal in short term and the sell signal is strong.

Sheetal Universal 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Sheetal Universal 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Sheetal Universal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.66 and Sheetal Universal (SHEETAL_SM) 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 Sheetal Universal (SHEETAL_SM) stock. Volume based technical analysis of Sheetal Universal (SHEETAL_SM) stock is negative.

Sheetal Universal Stock has given negative 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.