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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 2024-11-18 View latest technical analysis

10 day averaged volume of Sheetal Universal is 27600

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	61.90	60.00	62.20	60.00	1.014 times
14 Thu Nov 2024	61.70	61.50	61.70	60.50	0.362 times
13 Wed Nov 2024	60.90	61.10	61.70	60.50	1.812 times
12 Tue Nov 2024	62.00	62.00	62.40	62.00	0.362 times
11 Mon Nov 2024	62.70	62.10	62.80	62.10	0.58 times
08 Fri Nov 2024	62.00	61.05	62.80	61.05	1.377 times
07 Thu Nov 2024	62.80	62.00	62.80	62.00	0.507 times
06 Wed Nov 2024	62.85	62.50	62.90	61.00	0.362 times
05 Tue Nov 2024	62.45	62.00	62.60	61.60	0.87 times
04 Mon Nov 2024	61.80	61.60	62.00	61.40	2.174 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.2 or till 60.1. Use a stoploss of 62.01 and if the stock hits stoploss, then it can shoot up till 62.86

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	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	60.53
Downside Intraday Target	59.17
Upside Intraday Target	62.73
Upside Intraday Target	63.57
Downside Intraday Target	61.37

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	61.90	60.00	62.20	60.00	0.326 times
14 Thu Nov 2024	61.70	62.10	62.80	60.50	0.589 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

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
18 Mon Nov 2024	61.90	62.00	62.90	60.00	0.524 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 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 61.88 and Sheetal Universal (SHEETAL_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.