Homepage Active Options Active Stocks

Stock analysis Sheela Foam Limited SFL

More indepth analysis on MunafaSutra.com

Moving Averages for Sheela Foam Limited

  • 5Day Average: 919.27
  • 12Day Average: 933.95
  • 20Day Average: 942.72
  • 50Day Average: 989.38
  • 100Day Average: 1087.75
  • 150Day Average: 1096.19
  • 200Day Average: 1110.18

SFL Indicators & signals

Indicator MACD (12,26,9)

930.88, 951.1, -20.48
Indicator MACD is in negative zone

Indicator ADX (14)

28.53, 13.07, 23.51
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SFL Sheela Foam Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 905.10 902.45 to 931.20 -2.24% 1.61 times
25 Thu Apr 2024 925.85 924.00 to 937.00 -0.96% 0.53 times
24 Wed Apr 2024 934.85 920.20 to 939.00 1.83% 0.74 times
23 Tue Apr 2024 918.05 912.00 to 927.00 0.61% 1.02 times
22 Mon Apr 2024 912.50 908.00 to 945.95 -2.31% 1.47 times
19 Fri Apr 2024 934.10 911.10 to 945.95 1.2% 0.7 times
18 Thu Apr 2024 923.05 920.00 to 940.40 -1.35% 0.77 times
16 Tue Apr 2024 935.65 930.55 to 948.00 0.21% 0.54 times
15 Mon Apr 2024 933.70 925.00 to 961.20 -1.37% 0.76 times
12 Fri Apr 2024 946.65 945.00 to 977.75 -3.36% 2.52 times
10 Wed Apr 2024 979.60 958.15 to 998.00 2.22% 0.93 times
09 Tue Apr 2024 958.30 953.20 to 982.00 -0.95% 0.47 times

Technical analysis forecast for Sheela Foam Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sheela Foam Limited SFL at this time. Stock is falling and might fall more.

It appears as if Sheela Foam Limited SFL gave a large move recently.

Stock of Sheela Foam Limited (SFL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Sheela Foam Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 896.2, for a target of 921.1 or 941.9

More indepth analysis on MunafaSutra.com