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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 2024-11-05 View latest technical analysis

10 day averaged volume of Sheetal Universal is 36800

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	62.45	62.00	62.60	61.60	0.652 times
04 Mon Nov 2024	61.80	61.60	62.00	61.40	1.63 times
01 Fri Nov 2024	62.55	62.00	62.85	62.00	1.196 times
31 Thu Oct 2024	61.55	60.05	62.05	60.05	0.924 times
30 Wed Oct 2024	61.20	62.00	62.00	61.00	0.815 times
29 Tue Oct 2024	62.30	62.00	62.50	62.00	1.467 times
28 Mon Oct 2024	61.90	61.50	62.30	61.50	0.435 times
25 Fri Oct 2024	59.15	60.00	62.10	59.15	1.685 times
24 Thu Oct 2024	62.50	62.50	62.95	61.00	0.815 times
23 Wed Oct 2024	62.60	62.50	62.90	62.10	0.87 times

My analysis of stock is bearish for shortterm, and stock might move down till 61.4 or till 60.1. Use a stoploss of 62.51 and if the stock hits stoploss, then it can shoot up till 63.62

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	61.40
Upside Target	63.00
Upside Target	63.40
Upside Target	63.90
Upside Target	64.50
Upside Target	65.90
Upside Target	66.90
Upside Target	69.65
Upside Target	78.00

Intraday share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Intraday Target	61.7
Downside Intraday Target	60.95
Upside Intraday Target	62.9
Upside Intraday Target	63.35
Downside Intraday Target	62.15

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	62.45	61.60	62.60	61.40	0.472 times
01 Fri Nov 2024	62.55	61.50	62.85	60.05	1.035 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

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
05 Tue Nov 2024	62.45	62.00	62.85	61.40	0.221 times
31 Thu Oct 2024	61.55	66.90	66.90	59.15	1.3 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

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 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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 61.63 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 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.