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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 2024-11-22 View latest technical analysis

10 day averaged volume of Sheela Foam is 69622

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	787.65	784.00	799.90	782.10	1.136 times
21 Thu Nov 2024	780.05	796.90	805.80	777.60	1.421 times
19 Tue Nov 2024	791.50	786.70	812.85	786.70	1.638 times
18 Mon Nov 2024	786.70	802.00	809.30	774.05	1.713 times
14 Thu Nov 2024	802.15	825.00	829.00	792.70	1.803 times
13 Wed Nov 2024	829.40	835.00	845.00	823.50	0.793 times
12 Tue Nov 2024	837.50	836.00	851.90	835.00	0.404 times
11 Mon Nov 2024	836.35	844.35	844.35	820.20	0.329 times
08 Fri Nov 2024	844.35	867.10	867.10	841.60	0.561 times
07 Thu Nov 2024	858.80	857.10	870.00	848.75	0.442 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 801.7, but if it comes above 801.7, then a intra day buy could be more profitable.
If you take a sell trade below 801.7, then use 801.7 as stoploss and 771.4 as target. However if you take a buy trade in stock , then use 801.7 as stoploss and 826.88 as target.

Share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Target	774.05
Upside Target	792.70
Upside Target	832.60
Upside Target	851.90
Upside Target	875.00
Upside Target	895.00
Upside Target	896.50
Upside Target	903.05
Upside Target	918.55
Upside Target	930.00
Upside Target	965.00
Upside Target	1031.30
Upside Target	1067.00

Intraday share price targets for Sheela Foam (SFL)

Target Type	Value
Downside Intraday Target	770.18
Downside Intraday Target	752.72
Upside Intraday Target	808.98
Upside Intraday Target	830.32
Upside Intraday Target	791.52

Weekly technical analysis of Sheela Foam (SFL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	787.65	802.00	812.85	774.05	1.774 times
14 Thu Nov 2024	802.15	844.35	851.90	792.70	0.752 times
08 Fri Nov 2024	844.35	870.00	875.30	832.60	0.643 times
01 Fri Nov 2024	868.05	827.00	875.00	803.00	1.418 times
25 Fri Oct 2024	823.50	895.00	895.00	816.05	1.486 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
22 Fri Nov 2024	787.65	854.60	875.30	774.05	0.657 times
31 Thu Oct 2024	832.15	920.00	930.00	803.00	0.5 times
30 Mon Sep 2024	919.55	935.15	965.00	896.50	1.544 times
30 Fri Aug 2024	926.25	1028.65	1031.30	903.05	0.523 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 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 and selling is picking up 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 802.55 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.