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

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

10 day averaged volume of Universal Cables is 99145

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 697.15 731.60 740.00 693.35 0.949 times
20 Thu Jun 2024 724.35 750.60 755.70 720.35 0.57 times
19 Wed Jun 2024 747.15 760.50 766.90 742.95 0.41 times
18 Tue Jun 2024 760.35 751.35 772.00 736.60 0.46 times
14 Fri Jun 2024 748.90 798.80 798.80 735.00 1.424 times

My analysis of stock is bullish for shortterm, and stock might move up till 746.4 or till 820.4. Use a stoploss of 684.65 and if this stock hits its stoploss, then it can fall down till 622.93

Share price targets for Universal Cables (UNIVCABLES)

Target Type Value
Downside Target 385.00
Downside Target 435.00
Downside Target 455.05
Downside Target 495.00
Downside Target 512.80
Downside Target 587.00
Downside Target 654.95
Downside Target 672.90
Downside Target 693.35
Upside Target 723.55
Upside Target 743.70
Upside Target 772.00
Upside Target 799.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type Value
Downside Intraday Target 669.67
Downside Intraday Target 642.18
Upside Intraday Target 748.32
Upside Intraday Target 799.48
Upside Intraday Target 720.83

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 697.15 751.35 772.00 693.35 0.442 times
14 Fri Jun 2024 748.90 740.00 799.00 723.55 0.767 times
07 Fri Jun 2024 732.95 634.00 743.70 587.00 1.679 times
31 Fri May 2024 611.85 618.20 672.90 603.00 1.339 times
24 Fri May 2024 608.75 616.05 654.95 595.80 0.617 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 Universal Cables (UNIVCABLES)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 697.15 634.00 799.00 587.00 0.901 times
31 Fri May 2024 611.85 585.75 672.90 495.00 0.972 times
30 Tue Apr 2024 584.10 455.45 611.95 455.05 2.731 times
28 Thu Mar 2024 455.40 440.05 461.95 385.00 1.044 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 Universal Cables (UNIVCABLES)

Indicator Name Indicator Value Indicator Signal
ADX 24, 22, 5 Buy
MACD 78, 82Sell
Stochastics 52None
CCI -124Sell
RSI 58Buy
OBV 552277Sell
VWAP 744Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Universal Cables ( (UNIVCABLES) ) based on a short 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.

Price action analysis of Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) 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 Universal Cables stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Universal Cables in short term but the sell signal is initial and weak.

Universal Cables 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. 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 SELL signal for Universal Cables in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 Universal 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 743.66 and Universal Cables (UNIVCABLES) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Universal Cables (UNIVCABLES) stock. Volume based technical analysis of Universal Cables (UNIVCABLES) stock is negative.

Universal 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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