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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 2024-11-12 View latest technical analysis

10 day averaged volume of Sheetal Universal is 32400

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	62.00	62.00	62.40	62.00	0.309 times
11 Mon Nov 2024	62.70	62.10	62.80	62.10	0.494 times
08 Fri Nov 2024	62.00	61.05	62.80	61.05	1.173 times
07 Thu Nov 2024	62.80	62.00	62.80	62.00	0.432 times
06 Wed Nov 2024	62.85	62.50	62.90	61.00	0.309 times
05 Tue Nov 2024	62.45	62.00	62.60	61.60	0.741 times
04 Mon Nov 2024	61.80	61.60	62.00	61.40	1.852 times
01 Fri Nov 2024	62.55	62.00	62.85	62.00	1.358 times
31 Thu Oct 2024	61.55	60.05	62.05	60.05	1.049 times
30 Wed Oct 2024	61.20	62.00	62.00	61.00	0.926 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.4 or till 60.3. Use a stoploss of 62.26 and if the stock hits stoploss, then it can shoot up till 63.15

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	56.05
Downside Target	59.15
Upside Target	62.90
Upside Target	63.00
Upside Target	63.40
Upside Target	63.90
Upside Target	64.50
Upside Target	66.90
Upside Target	69.65
Upside Target	78.00

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	61.73
Downside Intraday Target	61.47
Upside Intraday Target	62.53
Upside Intraday Target	63.07
Upside Intraday Target	62.27

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	62.00	62.10	62.80	62.00	0.178 times
08 Fri Nov 2024	62.00	61.60	62.90	61.00	0.82 times
01 Fri Nov 2024	62.55	61.50	62.85	60.05	1.035 times
25 Fri Oct 2024	59.15	63.00	63.40	59.15	1.686 times
18 Fri Oct 2024	63.45	64.50	64.50	62.50	0.836 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
12 Tue Nov 2024	62.00	62.00	62.90	61.00	0.372 times
31 Thu Oct 2024	61.55	66.90	66.90	59.15	1.3 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) based on a short 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.

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Strong and stock is losing momentum.

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

Sheetal Universal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling 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 62.05 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.