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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 123539

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 748.90 798.80 798.80 735.00 1.143 times
13 Thu Jun 2024 778.65 775.55 799.00 775.55 0.699 times
12 Wed Jun 2024 771.00 738.10 794.80 738.10 1.309 times
11 Tue Jun 2024 738.75 733.00 750.00 723.55 0.505 times
10 Mon Jun 2024 732.15 740.00 759.35 725.00 0.683 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 721.7, but if it comes below 721.7, then a intra day sell could be more profitable.
If you take a sell trade below 721.7, then use 721.7 as stoploss and 661.11 as target. However if you take a buy trade in stock , then use 721.7 as stoploss and 794.4 as target.

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 548.40
Downside Target 587.00
Downside Target 654.95
Downside Target 672.90
Downside Target 723.55
Downside Target 743.70
Upside Target 799.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type Value
Downside Intraday Target 715.3
Downside Intraday Target 681.7
Upside Intraday Target 790.75
Upside Intraday Target 832.6
Upside Intraday Target 757.15

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date Weekly Closing Price Open High Low Volume
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
17 Fri May 2024 586.75 581.45 623.00 548.40 1.411 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 Universal Cables (UNIVCABLES)

Date Monthly Closing Price Open High Low Volume
14 Fri Jun 2024 748.90 634.00 799.00 587.00 0.756 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 35, 15, 40 Buy
MACD 91, 76Buy
Stochastics 85Buy
CCI 68Sell
RSI 63Buy
OBV 612819Sell
VWAP 709Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Universal 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.

Universal 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 SELL signal for Universal Cables in short term but SELL signal is weak.

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 Universal 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 708.65 and Universal Cables (UNIVCABLES) 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 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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