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(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 2024-08-06 View latest technical analysis

10 day averaged volume of Sheetal Universal is 46600

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	55.70	55.50	56.50	55.40	0.601 times
05 Mon Aug 2024	56.10	55.10	56.30	55.10	0.515 times
02 Fri Aug 2024	57.10	56.50	57.50	56.15	1.073 times
01 Thu Aug 2024	59.10	59.00	59.50	58.75	1.03 times
31 Wed Jul 2024	58.35	57.50	58.50	57.50	0.987 times
30 Tue Jul 2024	58.40	59.50	59.50	57.40	0.901 times
29 Mon Jul 2024	57.40	56.50	58.60	56.40	0.73 times
26 Fri Jul 2024	58.75	58.00	59.80	57.25	1.288 times
25 Thu Jul 2024	60.25	60.20	60.80	59.60	0.987 times
24 Wed Jul 2024	59.90	56.05	60.20	56.05	1.288 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.9, but if it comes above 56.9, then a intra day buy could be more profitable.
If you take a sell trade below 56.9, then use 56.9 as stoploss and 52.3 as target. However if you take a buy trade in stock , then use 56.9 as stoploss and 60.66 as target.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	55.10
Upside Target	59.00
Upside Target	60.80
Upside Target	63.90
Upside Target	64.00
Upside Target	69.80
Upside Target	70.50
Upside Target	70.95
Upside Target	72.75
Upside Target	78.10

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	55.03
Downside Intraday Target	54.37
Upside Intraday Target	56.43
Upside Intraday Target	57.17
Upside Intraday Target	55.77

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	55.70	55.10	56.50	55.10	0.236 times
02 Fri Aug 2024	57.10	56.50	59.50	56.15	0.887 times
26 Fri Jul 2024	58.75	60.50	60.80	56.05	0.855 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

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
06 Tue Aug 2024	55.70	59.00	59.50	55.10	0.267 times
31 Wed Jul 2024	58.35	63.90	63.90	56.05	0.937 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

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 Strong and stock is losing 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 buy signal for Sheetal Universal in short term but BUY signal is weak.

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 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 58.39 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.