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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 2024-10-29 View latest technical analysis

10 day averaged volume of Sheetal Universal is 28200

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	62.30	62.00	62.50	62.00	1.915 times
28 Mon Oct 2024	61.90	61.50	62.30	61.50	0.567 times
25 Fri Oct 2024	59.15	60.00	62.10	59.15	2.199 times
24 Thu Oct 2024	62.50	62.50	62.95	61.00	1.064 times
23 Wed Oct 2024	62.60	62.50	62.90	62.10	1.135 times
22 Tue Oct 2024	62.50	62.80	62.80	62.00	0.213 times
21 Mon Oct 2024	62.90	63.00	63.40	61.00	1.489 times
18 Fri Oct 2024	63.45	63.00	63.50	63.00	0.567 times
17 Thu Oct 2024	62.95	62.80	63.00	62.80	0.78 times
16 Wed Oct 2024	63.00	62.90	63.10	62.90	0.355 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 61.8 as stoploss in an intra day buy trade for a target of 63.37. However, stock will show a bearish move below 61.8.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	56.05
Downside Target	59.15
Downside Target	61.50
Upside Target	64.05
Upside Target	64.50
Upside Target	65.90
Upside Target	66.90
Upside Target	67.00
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	61.7
Downside Intraday Target	61.1
Upside Intraday Target	62.7
Upside Intraday Target	63.1
Downside Intraday Target	62.1

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	62.30	61.50	62.50	61.50	0.407 times
25 Fri Oct 2024	59.15	63.00	63.40	59.15	1.686 times
18 Fri Oct 2024	63.45	64.50	64.50	62.50	0.836 times
11 Fri Oct 2024	64.20	65.50	65.90	62.60	1.968 times
04 Fri Oct 2024	66.00	67.00	67.00	64.05	0.939 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
29 Tue Oct 2024	62.30	66.90	66.90	59.15	1.157 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

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

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. Bears are weakening, and bulls 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 buy signal for Sheetal Universal 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 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 61.89 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.