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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 2024-03-18 View latest technical analysis

10 day averaged volume of Sheela Foam is 45200

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	964.70	960.95	969.50	951.05	0.886 times
15 Fri Mar 2024	960.95	978.00	984.45	945.75	1.403 times
14 Thu Mar 2024	976.45	948.70	986.00	921.60	2.829 times
13 Wed Mar 2024	948.70	987.00	994.95	938.00	1.34 times
12 Tue Mar 2024	987.30	1012.90	1013.15	980.00	0.82 times
11 Mon Mar 2024	1003.15	1017.00	1026.35	999.00	0.859 times
07 Thu Mar 2024	1015.85	1015.00	1025.50	1008.75	0.842 times
06 Wed Mar 2024	1012.90	1027.95	1030.40	1003.60	0.92 times
05 Tue Mar 2024	1024.80	1047.35	1047.40	1020.00	0.554 times
04 Mon Mar 2024	1042.15	1057.90	1057.90	1036.05	0.391 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 986, but if it comes above 986, then a intra day buy could be more profitable.
If you take a sell trade below 986, then use 986 as stoploss and 940.5 as target. However if you take a buy trade in stock , then use 986 as stoploss and 1024.02 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	921.60
Downside Target	951.05
Upside Target	1003.60
Upside Target	1051.00
Upside Target	1067.00
Upside Target	1100.00
Upside Target	1111.65
Upside Target	1139.95
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	954
Downside Intraday Target	943.3
Upside Intraday Target	972.45
Upside Intraday Target	980.2
Downside Intraday Target	961.75

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	964.70	960.95	969.50	951.05	0.122 times
15 Fri Mar 2024	960.95	1017.00	1026.35	921.60	2.679 times
07 Thu Mar 2024	1015.85	1057.90	1057.90	1003.60	0.593 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

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 Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	964.70	1041.70	1067.00	921.60	0.52 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 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 Sheela Foam (SFL)

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.

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 moving up

CCI has generated a SELL signal for Sheela Foam 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 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 983.98 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.