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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 2024-08-16 View latest technical analysis

10 day averaged volume of Sheetal Universal is 31200

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	57.45	57.00	57.80	56.90	0.897 times
14 Wed Aug 2024	56.70	56.70	56.80	55.90	0.962 times
13 Tue Aug 2024	56.40	55.00	57.35	55.00	1.154 times
12 Mon Aug 2024	56.25	56.10	56.45	56.00	0.385 times
09 Fri Aug 2024	56.65	58.00	58.00	56.00	0.641 times
08 Thu Aug 2024	56.50	57.00	57.00	56.10	0.897 times
07 Wed Aug 2024	55.45	55.00	55.80	54.50	1.154 times
06 Tue Aug 2024	55.70	55.50	56.50	55.40	0.897 times
05 Mon Aug 2024	56.10	55.10	56.30	55.10	0.769 times
02 Fri Aug 2024	57.10	56.50	57.50	56.15	1.603 times

My analysis of stock is bearish for shortterm, and stock might move down till 56.3 or till 54.5. Use a stoploss of 57.72 and if the stock hits stoploss, then it can shoot up till 59.19

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Upside Target	57.80
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	55.7
Downside Intraday Target	53.95
Upside Intraday Target	58.5
Upside Intraday Target	59.55
Downside Intraday Target	56.75

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	57.45	56.10	57.80	55.00	0.779 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
16 Fri Aug 2024	57.45	59.00	59.50	54.50	0.605 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) based on a short to mid 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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sheetal Universal in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 56.46 and Sheetal Universal (SHEETAL_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.