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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 2024-08-22 View latest technical analysis

10 day averaged volume of Sheetal Universal is 22400

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	63.10	58.00	63.70	58.00	2.679 times
21 Wed Aug 2024	57.95	55.95	58.00	55.95	0.446 times
20 Tue Aug 2024	57.70	56.00	57.95	56.00	0.714 times
19 Mon Aug 2024	56.65	55.60	56.95	55.60	0.357 times
16 Fri Aug 2024	57.45	57.00	57.80	56.90	1.25 times
14 Wed Aug 2024	56.70	56.70	56.80	55.90	1.339 times
13 Tue Aug 2024	56.40	55.00	57.35	55.00	1.607 times
12 Mon Aug 2024	56.25	56.10	56.45	56.00	0.536 times
09 Fri Aug 2024	56.65	58.00	58.00	56.00	0.893 times
08 Thu Aug 2024	56.50	57.00	57.00	56.10	1.25 times

Stock of Sheetal Universal (SHEETAL_SM) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 61.4, for a target of 59.3 or 57.6

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	57.80
Downside Target	59.50
Downside Target	60.80
Upside Target	63.70
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	57.9
Downside Intraday Target	52.7
Upside Intraday Target	66
Upside Intraday Target	68.9
Downside Intraday Target	60.8

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	63.10	55.60	63.70	55.60	0.887 times
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

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
22 Thu Aug 2024	63.10	59.00	63.70	54.50	0.772 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 up 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 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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but selling is losing 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 58.35 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 rising upwards.

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 is giving positive 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.