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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 2024-04-10 View latest technical analysis

10 day averaged volume of Sheela Foam is 168512

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	979.60	967.65	998.00	958.15	0.591 times
09 Tue Apr 2024	958.30	973.95	982.00	953.20	0.298 times
08 Mon Apr 2024	967.50	999.00	999.00	965.00	0.414 times
05 Fri Apr 2024	975.20	964.00	1009.00	960.00	2.473 times
04 Thu Apr 2024	947.00	978.00	984.75	941.80	1.03 times
03 Wed Apr 2024	970.25	975.00	1012.00	965.10	0.97 times
02 Tue Apr 2024	964.40	958.00	973.95	949.85	0.333 times
01 Mon Apr 2024	949.85	946.00	965.00	945.00	0.44 times
28 Thu Mar 2024	943.70	929.95	951.55	927.10	0.716 times
27 Wed Mar 2024	929.10	937.40	955.00	918.05	2.717 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 972.3, but if it comes below 972.3, then a intra day sell could be more profitable.
If you take a sell trade below 972.3, then use 972.3 as stoploss and 956.31 as target. However if you take a buy trade in stock , then use 972.3 as stoploss and 991.6 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	918.05
Upside Target	999.00
Upside Target	1012.00
Upside Target	1022.00
Upside Target	1026.35
Upside Target	1067.00
Upside Target	1111.65
Upside Target	1139.95
Upside Target	1177.85
Upside Target	1258.45
Upside Target	1297.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	955.53
Downside Intraday Target	931.47
Upside Intraday Target	1001.33
Upside Intraday Target	1023.07
Downside Intraday Target	977.27

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Apr 2024	979.60	999.00	999.00	953.20	0.249 times
05 Fri Apr 2024	975.20	946.00	1012.00	941.80	1.297 times
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

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
10 Wed Apr 2024	979.60	946.00	1012.00	941.80	0.687 times
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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Sheela Foam ( (SFL) ) based on a short to mid 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 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 BUY. Signal strength is Weak 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. Bulls 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 Sheela Foam in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 954.96 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 rising upwards.

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 is giving positive 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.