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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 334320

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 1568.40 1584.95 1620.00 1540.00 1.018 times
20 Thu Jun 2024 1570.45 1554.95 1575.00 1510.05 0.748 times
19 Wed Jun 2024 1565.85 1580.00 1601.00 1550.00 0.356 times
18 Tue Jun 2024 1574.25 1608.00 1623.25 1552.00 0.506 times
14 Fri Jun 2024 1594.55 1578.70 1629.95 1568.00 0.872 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1576.1 as stoploss in an intra day sell trade for a target of 1494.84. However, stock will show a bullish move above 1576.1.

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 1623.25
Upside Target 1629.95

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type Value
Downside Intraday Target 1511.22
Downside Intraday Target 1454.03
Upside Intraday Target 1624.42
Upside Intraday Target 1680.43
Downside Intraday Target 1567.23

Weekly technical analysis of Finolex Cables (FINCABLES)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 1568.40 1608.00 1623.25 1510.05 0.444 times
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

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 Finolex Cables (FINCABLES)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 1568.40 1500.00 1629.95 1300.05 0.184 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 32, 13, 42 Buy
MACD 208, 216Sell
Stochastics 72Buy
CCI 57Buy
RSI 72Buy
OBV 12671283Sell
VWAP 1553Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a short 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 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 SELL signal for Finolex Cables in short term but the sell signal is initial and weak.

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 coming down

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 1552.85 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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