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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)

Finolex Cables trades in NSE in Other Elect.Equip. sector.

Showing technical analysis as on 2024-03-02 View latest technical analysis

10 day averaged volume of Finolex Cables is 169365

Date	Daily Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	958.45	915.05	960.00	915.05	0.389 times
01 Fri Mar 2024	914.85	927.85	928.00	907.50	1.728 times
29 Thu Feb 2024	920.80	945.40	952.20	915.35	1.258 times
28 Wed Feb 2024	945.40	953.35	959.00	941.80	1.706 times
27 Tue Feb 2024	953.40	968.10	974.40	943.55	1.16 times
26 Mon Feb 2024	968.10	987.95	989.30	966.00	0.632 times
23 Fri Feb 2024	980.80	994.90	1006.00	978.30	0.888 times
22 Thu Feb 2024	982.20	990.00	990.00	978.00	0.508 times
21 Wed Feb 2024	988.05	999.45	999.50	982.30	0.571 times
20 Tue Feb 2024	993.50	998.00	1004.45	991.00	0.763 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 942.1 as stoploss in an intra day buy trade for a target of 1002.19. However, stock will show a bearish move below 942.1.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	883.35
Downside Target	907.50
Upside Target	960.00
Upside Target	1052.00
Upside Target	1054.90
Upside Target	1069.95
Upside Target	1120.00
Upside Target	1124.00
Upside Target	1157.95
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	914.2
Downside Intraday Target	869.95
Upside Intraday Target	996
Upside Intraday Target	1033.55
Downside Intraday Target	951.75

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Sat Mar 2024	958.45	987.95	989.30	907.50	1.955 times
23 Fri Feb 2024	980.80	1000.25	1006.20	978.00	0.603 times
16 Fri Feb 2024	999.05	1059.05	1069.95	982.05	0.5 times
09 Fri Feb 2024	1058.45	1064.00	1183.00	1052.00	2.213 times
02 Fri Feb 2024	1064.70	1117.00	1120.00	1054.90	0.876 times

Price has moved down 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
02 Sat Mar 2024	958.45	927.85	960.00	907.50	0.077 times
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 times
31 Wed Jan 2024	1100.20	1055.00	1124.00	1021.05	0.502 times
29 Fri Dec 2023	1069.15	978.00	1157.95	972.00	0.834 times

Scroll below to view daily charts

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)

Price action analysis of Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a short to mid 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 Finolex Cables ( (FINCABLES) ) based on a mid to longer 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.

ADX buy sell signal for Finolex Cables stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Finolex Cables in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Finolex Cables in short term but BUY signal is weak.

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 951.25 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 falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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