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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 2024-10-08 View latest technical analysis

10 day averaged volume of Sheetal Universal is 13600

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	64.55	65.15	65.15	64.50	0.588 times
07 Mon Oct 2024	65.20	65.50	65.50	65.20	0.588 times
04 Fri Oct 2024	66.00	64.05	66.90	64.05	1.176 times
03 Thu Oct 2024	64.05	66.20	66.50	64.05	2.353 times
01 Tue Oct 2024	66.90	66.90	66.90	66.90	0.147 times
30 Mon Sep 2024	66.60	67.00	67.00	66.00	0.882 times
27 Fri Sep 2024	64.00	65.50	65.50	63.00	0.735 times
26 Thu Sep 2024	65.00	65.00	65.00	65.00	0.882 times
25 Wed Sep 2024	67.00	68.00	68.00	65.50	1.471 times
24 Tue Sep 2024	67.10	67.00	67.15	66.80	0.735 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 65.2, but if it comes above 65.2, then a intra day buy could be more profitable.
If you take a sell trade below 65.2, then use 65.2 as stoploss and 63.5 as target. However if you take a buy trade in stock , then use 65.2 as stoploss and 66.59 as target.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	56.05
Downside Target	60.00
Downside Target	63.00
Upside Target	67.00
Upside Target	67.50
Upside Target	68.00
Upside Target	68.95
Upside Target	69.20
Upside Target	69.65
Upside Target	70.95
Upside Target	78.00

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	64.2
Downside Intraday Target	63.85
Upside Intraday Target	65.2
Upside Intraday Target	65.85
Upside Intraday Target	64.85

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	64.55	65.50	65.50	64.50	0.258 times
04 Fri Oct 2024	66.00	67.00	67.00	64.05	0.939 times
27 Fri Sep 2024	64.00	66.80	68.00	63.00	1.179 times
20 Fri Sep 2024	66.50	68.10	68.95	66.00	0.609 times
13 Fri Sep 2024	67.70	67.80	69.20	67.50	0.418 times

Price has moved down 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
08 Tue Oct 2024	64.55	66.90	66.90	64.05	0.148 times
30 Mon Sep 2024	66.60	69.00	69.65	63.00	0.441 times
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

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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sheetal Universal in short term and the sell signal is strong.

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. 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 coming down

CCI has generated a SELL signal for Sheetal Universal in short term and SELL 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 65.44 and Sheetal Universal (SHEETAL_SM) 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 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.