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(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 398021

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 1594.55 1578.70 1629.95 1568.00 0.732 times
13 Thu Jun 2024 1566.70 1557.05 1575.00 1546.00 0.461 times
12 Wed Jun 2024 1556.35 1569.45 1595.00 1537.50 0.685 times
11 Tue Jun 2024 1557.50 1549.00 1584.70 1525.00 1.37 times
10 Mon Jun 2024 1560.80 1502.50 1586.70 1471.95 1.72 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1568.5, but if it comes below 1568.5, then a intra day sell could be more profitable.
If you take a sell trade below 1568.5, then use 1568.5 as stoploss and 1401.7 as target. However if you take a buy trade in stock , then use 1568.5 as stoploss and 1768.6 as target.

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 1037.00
Downside Target 1070.00
Downside Target 1183.00
Downside Target 1290.00
Downside Target 1363.30
Downside Target 1471.95
Downside Target 1506.90
Downside Target 1541.85
Upside Target 1629.95

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type Value
Downside Intraday Target 1501.02
Downside Intraday Target 1407.48
Upside Intraday Target 1659.02
Upside Intraday Target 1723.48
Downside Intraday Target 1565.48

Weekly technical analysis of Finolex Cables (FINCABLES)

Date Weekly Closing Price Open High Low Volume
14 Fri Jun 2024 1594.55 1502.50 1629.95 1471.95 0.988 times
07 Fri Jun 2024 1473.80 1500.00 1541.85 1300.05 0.177 times
31 Fri May 2024 1435.40 1308.30 1506.90 1290.00 0.946 times
24 Fri May 2024 1282.60 1062.00 1363.30 1037.00 9.723 times
17 Fri May 2024 1055.40 1020.10 1084.40 994.15 0.896 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 Finolex Cables (FINCABLES)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 1594.55 1500.00 1629.95 1300.05 0.151 times
31 Fri May 2024 1435.40 1070.75 1506.90 994.15 5.873 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

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 37, 9, 60 Buy
MACD 228, 216Buy
Stochastics 89Buy
CCI 103Buy
RSI 70Buy
OBV 16602220Sell
VWAP 1513Buy
ADL 0Sell
ROC 11Buy
Force Index 0Sell

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 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 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 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 tired and bears 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 Finolex Cables in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1513.36 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.

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