Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-14 View latest technical analysis

10 day averaged volume of Sheetal Universal is 19400

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	62.55	64.50	64.50	62.55	0.412 times
11 Fri Oct 2024	64.20	65.50	65.90	63.00	3.402 times
10 Thu Oct 2024	64.75	63.50	64.80	63.50	0.722 times
09 Wed Oct 2024	63.10	64.50	65.10	62.60	1.34 times
08 Tue Oct 2024	64.55	65.15	65.15	64.50	0.412 times
07 Mon Oct 2024	65.20	65.50	65.50	65.20	0.412 times
04 Fri Oct 2024	66.00	64.05	66.90	64.05	0.825 times
03 Thu Oct 2024	64.05	66.20	66.50	64.05	1.649 times
01 Tue Oct 2024	66.90	66.90	66.90	66.90	0.103 times
30 Mon Sep 2024	66.60	67.00	67.00	66.00	0.619 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 62.3, for a target of 64.1 or 65.66

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	56.05
Downside Target	60.00
Downside Target	62.55
Upside Target	65.90
Upside Target	66.90
Upside Target	67.00
Upside Target	68.00
Upside Target	68.95
Upside Target	69.65
Upside Target	70.95
Upside Target	78.00

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	61.9
Downside Intraday Target	61.25
Upside Intraday Target	63.85
Upside Intraday Target	65.15
Upside Intraday Target	63.2

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	62.55	64.50	64.50	62.55	0.066 times
11 Fri Oct 2024	64.20	65.50	65.90	62.60	1.968 times
04 Fri Oct 2024	66.00	67.00	67.00	64.05	0.939 times
27 Fri Sep 2024	64.00	66.80	68.00	63.00	1.179 times
20 Fri Sep 2024	66.50	68.10	68.95	66.00	0.609 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
14 Mon Oct 2024	62.55	66.90	66.90	62.55	0.404 times
30 Mon Sep 2024	66.60	69.00	69.65	63.00	0.441 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

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 SELL signal for Sheetal Universal in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 64.38 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.