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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 2024-08-12 View latest technical analysis

10 day averaged volume of Sheetal Universal is 35600

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	56.25	56.10	56.45	56.00	0.337 times
09 Fri Aug 2024	56.65	58.00	58.00	56.00	0.562 times
08 Thu Aug 2024	56.50	57.00	57.00	56.10	0.787 times
07 Wed Aug 2024	55.45	55.00	55.80	54.50	1.011 times
06 Tue Aug 2024	55.70	55.50	56.50	55.40	0.787 times
05 Mon Aug 2024	56.10	55.10	56.30	55.10	0.674 times
02 Fri Aug 2024	57.10	56.50	57.50	56.15	1.404 times
01 Thu Aug 2024	59.10	59.00	59.50	58.75	1.348 times
31 Wed Jul 2024	58.35	57.50	58.50	57.50	1.292 times
30 Tue Jul 2024	58.40	59.50	59.50	57.40	1.18 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 55.6 as stoploss in an intra day buy trade for a target of 58.83. However, stock will show a bearish move below 55.6.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Upside Target	58.00
Upside Target	59.50
Upside Target	60.00
Upside Target	60.80
Upside Target	63.90
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	56.02
Downside Intraday Target	55.78
Upside Intraday Target	56.47
Upside Intraday Target	56.68
Downside Intraday Target	56.23

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	56.25	56.10	56.45	56.00	0.088 times
09 Fri Aug 2024	56.65	55.10	58.00	54.50	0.618 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

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
12 Mon Aug 2024	56.25	59.00	59.50	54.50	0.438 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

MACD generated a BUY signal for Sheetal Universal in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sheetal Universal 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. 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 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 57.25 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.