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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 2024-08-14 View latest technical analysis

10 day averaged volume of Sheetal Universal is 32800

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	56.70	56.70	56.80	55.90	0.915 times
13 Tue Aug 2024	56.40	55.00	57.35	55.00	1.098 times
12 Mon Aug 2024	56.25	56.10	56.45	56.00	0.366 times
09 Fri Aug 2024	56.65	58.00	58.00	56.00	0.61 times
08 Thu Aug 2024	56.50	57.00	57.00	56.10	0.854 times
07 Wed Aug 2024	55.45	55.00	55.80	54.50	1.098 times
06 Tue Aug 2024	55.70	55.50	56.50	55.40	0.854 times
05 Mon Aug 2024	56.10	55.10	56.30	55.10	0.732 times
02 Fri Aug 2024	57.10	56.50	57.50	56.15	1.524 times
01 Thu Aug 2024	59.10	59.00	59.50	58.75	1.463 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 56.3 as stoploss in an intra day buy trade for a target of 57.9. However, stock will show a bearish move below 56.3.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Upside Target	57.35
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	55.35
Downside Intraday Target	54
Upside Intraday Target	57.7
Upside Intraday Target	58.7
Downside Intraday Target	56.35

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	56.70	56.10	57.35	55.00	0.574 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 up 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
14 Wed Aug 2024	56.70	59.00	59.50	54.50	0.555 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong and stock is gaining 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 moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.78 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.