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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 2024-12-04 View latest technical analysis

10 day averaged volume of Sheetal Universal is 23200

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	62.65	61.10	62.70	61.10	1.207 times
03 Tue Dec 2024	61.05	60.00	63.75	60.00	1.379 times
02 Mon Dec 2024	59.80	60.00	60.00	59.50	0.776 times
29 Fri Nov 2024	60.60	59.50	60.80	59.50	0.69 times
28 Thu Nov 2024	60.20	61.00	61.00	59.50	0.862 times
27 Wed Nov 2024	61.30	61.60	61.60	61.00	0.862 times
26 Tue Nov 2024	61.50	61.50	61.75	61.50	0.776 times
25 Mon Nov 2024	62.00	62.30	62.30	61.00	1.293 times
22 Fri Nov 2024	62.40	62.40	62.40	61.90	1.034 times
21 Thu Nov 2024	62.20	62.00	62.30	62.00	0.517 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 62.6, but if it comes below 62.6, then a intra day sell could be more profitable.
If you take a sell trade below 62.6, then use 62.6 as stoploss and 61.76 as target. However if you take a buy trade in stock , then use 62.6 as stoploss and 63.6 as target.

Share price targets for Sheetal Universal (SHEETAL_SM)

Target Type	Value
Downside Target	54.50
Downside Target	59.15
Downside Target	62.30
Upside Target	63.00
Upside Target	63.50
Upside Target	63.75
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	60.18
Downside Intraday Target	57.72
Upside Intraday Target	64.43
Upside Intraday Target	66.22
Downside Intraday Target	61.97

Weekly technical analysis of Sheetal Universal (SHEETAL_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	62.65	60.00	63.75	59.50	0.75 times
29 Fri Nov 2024	60.60	62.30	62.30	59.50	0.981 times
22 Fri Nov 2024	62.40	60.00	63.50	60.00	1.233 times
14 Thu Nov 2024	61.70	62.10	62.80	60.50	0.589 times
08 Fri Nov 2024	62.00	61.60	62.90	61.00	0.82 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
04 Wed Dec 2024	62.65	60.00	63.75	59.50	0.16 times
29 Fri Nov 2024	60.60	62.00	63.50	59.50	0.838 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 neutral. A longer time frame might give a better analysis.

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. 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 and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 61.44 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 is giving positive 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.