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 2024-11-13 View latest technical analysis

10 day averaged volume of Sheetal Universal is 28000

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	60.90	61.10	61.70	60.50	1.786 times
12 Tue Nov 2024	62.00	62.00	62.40	62.00	0.357 times
11 Mon Nov 2024	62.70	62.10	62.80	62.10	0.571 times
08 Fri Nov 2024	62.00	61.05	62.80	61.05	1.357 times
07 Thu Nov 2024	62.80	62.00	62.80	62.00	0.5 times
06 Wed Nov 2024	62.85	62.50	62.90	61.00	0.357 times
05 Tue Nov 2024	62.45	62.00	62.60	61.60	0.857 times
04 Mon Nov 2024	61.80	61.60	62.00	61.40	2.143 times
01 Fri Nov 2024	62.55	62.00	62.85	62.00	1.571 times
31 Thu Oct 2024	61.55	60.05	62.05	60.05	1.214 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 61.2, but if it comes above 61.2, then a intra day buy could be more profitable.
If you take a sell trade below 61.2, then use 61.2 as stoploss and 60.1 as target. However if you take a buy trade in stock , then use 61.2 as stoploss and 62.15 as target.

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	62.50
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	60
Downside Intraday Target	59.1
Upside Intraday Target	62.3
Upside Intraday Target	63.7
Upside Intraday Target	61.4

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	60.90	62.10	62.80	60.50	0.521 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
13 Wed Nov 2024	60.90	62.00	62.90	60.50	0.459 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 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 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 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 gaining momentum.

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

Sheetal Universal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sheetal Universal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.95 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.