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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 2024-10-16 View latest technical analysis

10 day averaged volume of Sheetal Universal is 22600

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	63.00	62.90	63.10	62.90	0.442 times
15 Tue Oct 2024	62.85	62.70	63.25	62.50	2.035 times
14 Mon Oct 2024	62.55	64.50	64.50	62.55	0.354 times
11 Fri Oct 2024	64.20	65.50	65.90	63.00	2.92 times
10 Thu Oct 2024	64.75	63.50	64.80	63.50	0.619 times
09 Wed Oct 2024	63.10	64.50	65.10	62.60	1.15 times
08 Tue Oct 2024	64.55	65.15	65.15	64.50	0.354 times
07 Mon Oct 2024	65.20	65.50	65.50	65.20	0.354 times
04 Fri Oct 2024	66.00	64.05	66.90	64.05	0.708 times
03 Thu Oct 2024	64.05	66.20	66.50	64.05	1.416 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.6, but if it comes above 63.6, then a intra day buy could be more profitable.
If you take a sell trade below 63.6, then use 63.6 as stoploss and 61.8 as target. However if you take a buy trade in stock , then use 63.6 as stoploss and 65.18 as target.

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	62.50
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	62.17
Downside Intraday Target	61.33
Upside Intraday Target	64.17
Upside Intraday Target	65.33
Upside Intraday Target	63.33

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	63.00	64.50	64.50	62.50	0.525 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
16 Wed Oct 2024	63.00	66.90	66.90	62.50	0.529 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Sheetal Universal stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up

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

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 63.89 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.