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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 2024-04-09 View latest technical analysis

10 day averaged volume of Sheetal Universal is 52000

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	65.10	64.80	65.10	64.10	0.885 times
08 Mon Apr 2024	65.00	64.20	65.15	64.20	0.192 times
05 Fri Apr 2024	63.50	64.00	64.00	63.50	0.077 times
04 Thu Apr 2024	65.75	64.00	66.00	64.00	0.654 times
03 Wed Apr 2024	64.45	63.65	64.50	63.65	0.269 times
02 Tue Apr 2024	61.40	64.00	64.85	60.60	1.846 times
01 Mon Apr 2024	62.65	62.00	62.90	60.00	0.731 times
28 Thu Mar 2024	61.15	61.60	62.00	60.50	1.962 times
27 Wed Mar 2024	61.60	63.95	66.00	59.15	1.654 times
26 Tue Mar 2024	63.95	63.00	67.75	62.30	0.885 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 65.5 as stoploss in an intra day sell trade for a target of 62.53. However, stock will show a bullish move above 65.5.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	55.10
Downside Target	59.15
Downside Target	64.10
Upside Target	67.75
Upside Target	70.00
Upside Target	70.50
Upside Target	70.80
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	64.42
Downside Intraday Target	63.73
Upside Intraday Target	65.47
Upside Intraday Target	65.83
Downside Intraday Target	64.78

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	65.10	64.20	65.15	64.10	0.301 times
05 Fri Apr 2024	63.50	62.00	66.00	60.00	0.795 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

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
09 Tue Apr 2024	65.10	62.00	66.00	60.00	0.21 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 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 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 Sheetal Universal ( (SHEETAL_SM) ) 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 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 BUY. 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Sheetal Universal in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Sheetal Universal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 62.58 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 falling down

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 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.