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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 2024-03-28 View latest technical analysis

10 day averaged volume of Sheela Foam is 126551

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	943.70	929.95	951.55	927.10	0.954 times
27 Wed Mar 2024	929.10	937.40	955.00	918.05	3.618 times
26 Tue Mar 2024	935.80	943.05	947.20	925.00	0.811 times
22 Fri Mar 2024	947.20	940.25	954.90	940.25	1.521 times
21 Thu Mar 2024	940.25	950.00	953.00	923.95	0.845 times
20 Wed Mar 2024	937.60	945.00	945.80	928.55	0.561 times
19 Tue Mar 2024	942.40	971.00	971.00	926.60	0.337 times
18 Mon Mar 2024	964.70	960.95	969.50	951.05	0.316 times
15 Fri Mar 2024	960.95	978.00	984.45	945.75	0.501 times
14 Thu Mar 2024	976.45	948.70	986.00	921.60	1.011 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 940.5 as stoploss in an intra day buy trade for a target of 982.72. However, stock will show a bearish move below 940.5.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	918.05
Upside Target	955.00
Upside Target	1003.60
Upside Target	1057.90
Upside Target	1067.00
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	922.83
Downside Intraday Target	901.97
Upside Intraday Target	959.78
Upside Intraday Target	975.87
Downside Intraday Target	938.92

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	943.70	943.05	955.00	918.05	1.503 times
22 Fri Mar 2024	947.20	960.95	971.00	923.95	1.383 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sheela Foam (SFL)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Thu Mar 2024	943.70	1041.70	1067.00	918.05	1.631 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, and volume has increased substantially. This means that the move can 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 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 losing 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 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 SELL signal in short term but selling 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 942.53 and Sheela Foam (SFL) 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 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.