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(SFL) Sheela Foam complete technical analysis [charts+indicators] | Buy/Sell Sheela Foam | (SFL) share price targets

Complete technical analysis of Sheela Foam (SFL) by charts plus indicators, forecast predictions and share price targets for Sheela Foam (SFL)

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Sheela Foam is 37303

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1051.25	1041.70	1067.00	1036.60	0.56 times
29 Thu Feb 2024	1036.00	1036.00	1047.95	1022.00	1.121 times
28 Wed Feb 2024	1036.50	1050.05	1054.00	1032.05	2.673 times
27 Tue Feb 2024	1046.00	1045.00	1052.00	1038.20	0.543 times
26 Mon Feb 2024	1045.35	1059.05	1063.45	1041.50	0.579 times
23 Fri Feb 2024	1056.45	1069.95	1075.10	1051.00	1.151 times
22 Thu Feb 2024	1067.05	1080.00	1085.85	1064.50	0.495 times
21 Wed Feb 2024	1069.85	1082.00	1083.00	1065.00	0.648 times
20 Tue Feb 2024	1080.90	1079.65	1090.75	1065.55	0.824 times
19 Mon Feb 2024	1079.65	1090.55	1100.00	1072.65	1.03 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1047.9 as stoploss in an intra day buy trade for a target of 1083.16. However, stock will show a bearish move below 1047.9.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	1022.00
Upside Target	1089.20
Upside Target	1115.75
Upside Target	1118.95
Upside Target	1139.95
Upside Target	1170.60
Upside Target	1177.85
Upside Target	1179.25
Upside Target	1192.45
Upside Target	1258.45
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	1026.5
Downside Intraday Target	1001.75
Upside Intraday Target	1071.5
Upside Intraday Target	1091.75
Downside Intraday Target	1046.75

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1051.25	1059.05	1067.00	1022.00	1.32 times
23 Fri Feb 2024	1056.45	1090.55	1100.00	1051.00	0.633 times
16 Fri Feb 2024	1086.20	1096.05	1118.95	1043.70	0.801 times
09 Fri Feb 2024	1093.95	1147.00	1170.60	1089.20	1.001 times
02 Fri Feb 2024	1130.45	1137.90	1179.25	1115.75	2.183 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 Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	1051.25	1041.70	1067.00	1036.60	0.021 times
29 Thu Feb 2024	1036.00	1174.90	1177.85	1022.00	0.722 times
31 Wed Jan 2024	1174.05	1249.40	1258.45	1111.65	0.567 times
29 Fri Dec 2023	1240.40	1148.35	1297.00	1139.95	1.763 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 Sheela Foam (SFL)

Price action analysis of Sheela Foam ( (SFL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sheela Foam ( (SFL) ) 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 Sheela Foam ( (SFL) ) 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 Sheela Foam ( (SFL) ) 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 Sheela Foam stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Sheela Foam in short term and the sell signal is strong.

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

Sheela Foam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Sheela Foam in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sheela Foam is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1052.99 and Sheela Foam (SFL) 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 Sheela Foam (SFL) stock. Volume based technical analysis of Sheela Foam (SFL) stock is negative.

Sheela Foam 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.