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(SHEETAL_SM) Sheetal Universal complete technical analysis [charts+indicators] | Buy/Sell Sheetal Universal | (SHEETAL_SM) share price targets

Complete technical analysis of Sheetal Universal (SHEETAL_SM) by charts plus indicators, forecast predictions and share price targets for Sheetal Universal (SHEETAL_SM)

Showing technical analysis as on 2024-04-01 View latest technical analysis

10 day averaged volume of Sheetal Universal is 77600

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	62.65	62.00	62.90	60.00	0.49 times
28 Thu Mar 2024	61.15	61.60	62.00	60.50	1.314 times
27 Wed Mar 2024	61.60	63.95	66.00	59.15	1.108 times
26 Tue Mar 2024	63.95	63.00	67.75	62.30	0.593 times
22 Fri Mar 2024	66.85	62.25	67.20	62.05	1.16 times
21 Thu Mar 2024	64.60	59.20	67.75	59.20	0.851 times
20 Wed Mar 2024	62.00	57.10	64.85	57.10	1.211 times
19 Tue Mar 2024	59.55	56.55	60.90	56.55	0.361 times
18 Mon Mar 2024	56.90	58.90	60.00	55.10	1.005 times
15 Fri Mar 2024	57.65	56.50	59.40	56.10	1.16 times

My analysis of stock is bearish for shortterm, and stock might move down till 59.6 or till 53.5. Use a stoploss of 64.62 and if the stock hits stoploss, then it can shoot up till 69.69

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	55.10
Downside Target	59.15
Upside Target	62.90
Upside Target	67.75
Upside Target	70.00
Upside Target	70.80
Upside Target	71.50
Upside Target	72.75
Upside Target	78.10
Upside Target	80.50
Upside Target	86.95
Upside Target	91.90

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	60.8
Downside Intraday Target	58.95
Upside Intraday Target	63.7
Upside Intraday Target	64.75
Downside Intraday Target	61.85

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	62.65	62.00	62.90	60.00	0.162 times
28 Thu Mar 2024	61.15	63.00	67.75	59.15	0.657 times
22 Fri Mar 2024	66.85	58.90	67.75	55.10	0.947 times
15 Fri Mar 2024	57.65	70.00	70.00	56.10	2.648 times
07 Thu Mar 2024	70.10	71.50	71.50	68.60	0.634 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 Sheetal Universal (SHEETAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	62.65	62.00	62.90	60.00	0.033 times
28 Thu Mar 2024	61.15	71.25	72.75	55.10	1.503 times
29 Thu Feb 2024	71.05	78.00	78.10	70.50	0.582 times
31 Wed Jan 2024	77.85	82.90	86.95	70.80	1.08 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 Sheetal Universal (SHEETAL_SM)

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal ( (SHEETAL_SM) ) 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 Sheetal Universal stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Sheetal Universal 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.

Sheetal Universal 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 tired and bears 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 Sheetal Universal 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 Sheetal Universal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 61.64 and Sheetal Universal (SHEETAL_SM) 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 Sheetal Universal (SHEETAL_SM) stock. Volume based technical analysis of Sheetal Universal (SHEETAL_SM) stock is negative.

Sheetal Universal 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.