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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 2024-09-06 View latest technical analysis

10 day averaged volume of Sheetal Universal is 77800

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	67.35	68.65	69.65	67.00	0.257 times
05 Thu Sep 2024	67.90	68.00	69.00	67.20	0.771 times
04 Wed Sep 2024	68.40	69.00	69.00	68.30	0.566 times
03 Tue Sep 2024	69.05	69.00	69.20	68.50	0.591 times
02 Mon Sep 2024	68.90	69.00	69.10	68.30	0.643 times
30 Fri Aug 2024	69.80	71.35	71.35	68.25	0.566 times
29 Thu Aug 2024	71.35	73.15	73.15	70.15	0.9 times
28 Wed Aug 2024	73.85	77.00	77.00	73.15	1.285 times
27 Tue Aug 2024	77.00	76.00	78.00	75.50	1.054 times
26 Mon Aug 2024	75.40	74.95	75.95	71.00	2.468 times

My analysis of stock is bullish for shortterm, and stock might move up till 71.9 or till 80.3. Use a stoploss of 64.85 and if this stock hits its stoploss, then it can fall down till 57.82

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	57.80
Downside Target	60.00
Downside Target	63.90
Downside Target	67.00
Upside Target	69.40
Upside Target	69.65
Upside Target	70.95
Upside Target	72.75
Upside Target	78.00

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	66.35
Downside Intraday Target	65.35
Upside Intraday Target	69
Upside Intraday Target	70.65
Upside Intraday Target	68

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	67.35	69.00	69.65	67.00	0.451 times
30 Fri Aug 2024	69.80	74.95	78.00	68.25	2.652 times
23 Fri Aug 2024	69.05	55.60	69.40	55.60	1.736 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

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 Fri Sep 2024	67.35	69.00	69.65	67.00	0.217 times
30 Fri Aug 2024	69.80	59.00	78.00	54.50	1.801 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

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 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 mid to longer 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.

ADX buy sell signal for Sheetal Universal stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining 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 72.45 and Sheetal Universal (SHEETAL_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.