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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 2024-09-17 View latest technical analysis

10 day averaged volume of Sheetal Universal is 27600

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	67.75	68.95	68.95	67.50	0.652 times
16 Mon Sep 2024	67.75	68.10	68.50	67.00	0.507 times
13 Fri Sep 2024	67.70	69.20	69.20	67.65	1.594 times
12 Thu Sep 2024	69.10	68.90	69.10	68.70	0.87 times
11 Wed Sep 2024	68.50	68.50	68.50	67.95	0.29 times
10 Tue Sep 2024	67.90	67.90	67.90	67.90	0.072 times
09 Mon Sep 2024	67.50	67.80	68.00	67.50	0.507 times
06 Fri Sep 2024	67.35	68.65	69.65	67.00	0.725 times
05 Thu Sep 2024	67.90	68.00	69.00	67.20	2.174 times
04 Wed Sep 2024	68.40	69.00	69.00	68.30	1.594 times

My analysis of stock is bearish for shortterm, and stock might move down till 64.9 or till 60.2. Use a stoploss of 68.77 and if the stock hits stoploss, then it can shoot up till 72.66

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	60.00
Downside Target	63.90
Downside Target	67.00
Upside Target	69.20
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	66.85
Downside Intraday Target	65.95
Upside Intraday Target	68.8
Upside Intraday Target	69.85
Upside Intraday Target	67.9

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	67.75	68.10	68.95	67.00	0.348 times
13 Fri Sep 2024	67.70	67.80	69.20	67.50	0.418 times
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

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
17 Tue Sep 2024	67.75	69.00	69.65	67.00	0.34 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 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 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 above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Sheetal Universal in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 68 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 positive

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