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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 2024-08-30 View latest technical analysis

10 day averaged volume of Sheetal Universal is 65600

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	69.80	71.35	71.35	68.25	0.671 times
29 Thu Aug 2024	71.35	73.15	73.15	70.15	1.067 times
28 Wed Aug 2024	73.85	77.00	77.00	73.15	1.524 times
27 Tue Aug 2024	77.00	76.00	78.00	75.50	1.25 times
26 Mon Aug 2024	75.40	74.95	75.95	71.00	2.927 times
23 Fri Aug 2024	69.05	69.00	69.40	67.00	1.372 times
22 Thu Aug 2024	63.10	58.00	63.70	58.00	0.915 times
21 Wed Aug 2024	57.95	55.95	58.00	55.95	0.152 times
20 Tue Aug 2024	57.70	56.00	57.95	56.00	0.244 times
19 Mon Aug 2024	56.65	55.60	56.95	55.60	0.122 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 69.3, but if it comes below 69.3, then a intra day sell could be more profitable.
If you take a sell trade below 69.3, then use 69.3 as stoploss and 61.81 as target. However if you take a buy trade in stock , then use 69.3 as stoploss and 78.3 as target.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	57.80
Downside Target	59.50
Downside Target	63.90
Downside Target	68.25
Downside Target	69.40
Upside Target	70.50
Upside Target	70.95
Upside Target	72.75
Upside Target	78.00
Upside Target	78.10

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	66.03
Downside Intraday Target	62.27
Upside Intraday Target	75.78
Upside Intraday Target	81.77
Upside Intraday Target	72.02

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	69.80	74.95	78.00	68.25	2.652 times
23 Fri Aug 2024	69.05	55.60	69.40	55.60	1.736 times
16 Fri Aug 2024	57.45	56.10	57.80	55.00	0.779 times
09 Fri Aug 2024	56.65	55.10	58.00	54.50	0.618 times
02 Fri Aug 2024	57.10	56.50	59.50	56.15	0.887 times

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

Monthly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	69.80	59.00	78.00	54.50	1.801 times
31 Wed Jul 2024	58.35	63.90	63.90	56.05	0.937 times
22 Mon Apr 2024	70.85	62.00	70.95	60.00	0.52 times
28 Thu Mar 2024	61.15	71.25	72.75	55.10	1.503 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sheetal Universal ( (SHEETAL_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Sheetal Universal stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Sheetal Universal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sheetal Universal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 71.72 and Sheetal Universal (SHEETAL_SM) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.