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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 2024-03-04 View latest technical analysis

10 day averaged volume of Sheela Foam is 32247

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1042.15	1057.90	1057.90	1036.05	0.547 times
02 Sat Mar 2024	1054.05	1059.00	1065.00	1029.95	0.06 times
01 Fri Mar 2024	1051.25	1041.70	1067.00	1036.60	0.648 times
29 Thu Feb 2024	1036.00	1036.00	1047.95	1022.00	1.296 times
28 Wed Feb 2024	1036.50	1050.05	1054.00	1032.05	3.092 times
27 Tue Feb 2024	1046.00	1045.00	1052.00	1038.20	0.628 times
26 Mon Feb 2024	1045.35	1059.05	1063.45	1041.50	0.67 times
23 Fri Feb 2024	1056.45	1069.95	1075.10	1051.00	1.331 times
22 Thu Feb 2024	1067.05	1080.00	1085.85	1064.50	0.573 times
21 Wed Feb 2024	1069.85	1082.00	1083.00	1065.00	0.75 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1045.3, but if it comes above 1045.3, then a intra day buy could be more profitable.
If you take a sell trade below 1045.3, then use 1045.3 as stoploss and 1012.6 as target. However if you take a buy trade in stock , then use 1045.3 as stoploss and 1072.57 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	1022.00
Upside Target	1089.20
Upside Target	1100.00
Upside Target	1111.65
Upside Target	1118.95
Upside Target	1139.95
Upside Target	1170.60
Upside Target	1177.85
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	1032.83
Downside Intraday Target	1023.52
Upside Intraday Target	1054.68
Upside Intraday Target	1067.22
Upside Intraday Target	1045.37

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	1042.15	1057.90	1057.90	1036.05	0.086 times
02 Sat Mar 2024	1054.05	1059.05	1067.00	1022.00	1.333 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

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
04 Mon Mar 2024	1042.15	1041.70	1067.00	1029.95	0.041 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 gaining momentum.

MACD generated a BUY signal for Sheela Foam 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.

Sheela Foam 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 weakening, and bulls 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 Sheela Foam in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1046.3 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.