Login or Join
Learn then Earn

(FINCABLES) Finolex Cables complete technical analysis [charts+indicators] | Buy/Sell Finolex Cables | (FINCABLES) share price targets

Complete technical analysis of Finolex Cables (FINCABLES) by charts plus indicators, forecast predictions and share price targets for Finolex Cables (FINCABLES)

10 day averaged volume of Finolex Cables is 530579

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 1159.60 1059.05 1172.00 1040.45 5.817 times
21 Tue May 2024 1058.20 1050.00 1069.00 1037.00 0.315 times
20 Mon May 2024 1054.35 1062.00 1065.00 1044.90 0.027 times
17 Fri May 2024 1055.40 1045.00 1070.45 1044.85 0.59 times
16 Thu May 2024 1039.70 1049.75 1054.40 1035.35 0.138 times

Stock of Finolex Cables (FINCABLES) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1115.2, for a target of 1076.5 or 1044.19

Share price targets for Finolex Cables (FINCABLES)

Target Type Value
Downside Target 831.25
Downside Target 915.35
Downside Target 960.60
Downside Target 994.15
Downside Target 1070.00
Downside Target 1082.00
Downside Target 1084.40
Downside Target 1124.00
Upside Target 1172.00
Upside Target 1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type Value
Downside Intraday Target 1073.73
Downside Intraday Target 987.87
Upside Intraday Target 1208.73
Upside Intraday Target 1257.87
Downside Intraday Target 1122.87

Weekly technical analysis of Finolex Cables (FINCABLES)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 1159.60 1062.00 1172.00 1037.00 2.661 times
17 Fri May 2024 1055.40 1020.10 1084.40 994.15 0.896 times
10 Fri May 2024 1027.65 1054.00 1070.00 1005.30 1.107 times
03 Fri May 2024 1048.35 1004.40 1082.00 1004.05 1.248 times
26 Fri Apr 2024 1004.40 977.00 1032.00 966.30 2.15 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Finolex Cables (FINCABLES)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 1159.60 1070.75 1172.00 994.15 1.426 times
30 Tue Apr 2024 1053.25 1003.00 1070.00 960.60 0.525 times
28 Thu Mar 2024 1001.00 927.85 1008.90 831.25 1.839 times
29 Thu Feb 2024 920.80 1103.95 1183.00 915.35 1.028 times

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 Finolex Cables (FINCABLES)

Indicator Name Indicator Value Indicator Signal
ADX 40, 9, 63 Buy
MACD 43, 32Buy
Stochastics 77Buy
CCI 244Buy
RSI 69Buy
OBV 5309507Sell
VWAP 1108Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a short to mid 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Finolex Cables in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Finolex Cables 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 Finolex Cables 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Finolex Cables is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1108.21 and Finolex Cables (FINCABLES) 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 Finolex Cables (FINCABLES) stock. Volume based technical analysis of Finolex Cables (FINCABLES) stock is negative.

Finolex Cables Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Finolex Cables charts

Click here for further forecast and predictions for tomorrow

Learn then Earn
Back to top | Use Dark Theme