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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 2024-03-19 View latest technical analysis

10 day averaged volume of Finolex Cables is 363500

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	884.00	879.95	910.65	871.00	1.391 times
18 Mon Mar 2024	877.10	877.95	886.30	854.00	0.53 times
15 Fri Mar 2024	877.95	841.00	897.85	832.80	3.693 times
14 Thu Mar 2024	838.80	844.10	859.50	831.25	1.07 times
13 Wed Mar 2024	844.10	884.25	885.00	833.30	1.292 times
12 Tue Mar 2024	883.55	894.50	901.80	877.05	0.555 times
11 Mon Mar 2024	892.40	905.20	916.00	888.85	0.47 times
07 Thu Mar 2024	906.40	925.50	933.40	901.05	0.99 times
06 Wed Mar 2024	923.60	940.95	942.20	917.10	0.46 times
05 Tue Mar 2024	936.70	950.00	954.65	924.25	0.49 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 877.6 as stoploss in an intra day buy trade for a target of 921.62. However, stock will show a bearish move below 877.6.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	854.00
Downside Target	883.35
Upside Target	901.05
Upside Target	969.60
Upside Target	985.85
Upside Target	989.30
Upside Target	1006.20
Upside Target	1021.05
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	855.12
Downside Intraday Target	826.23
Upside Intraday Target	911.77
Upside Intraday Target	939.53
Downside Intraday Target	882.88

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	884.00	877.95	910.65	854.00	0.271 times
15 Fri Mar 2024	877.95	905.20	916.00	831.25	2.964 times
07 Thu Mar 2024	906.40	961.00	969.60	901.05	0.746 times
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

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
19 Tue Mar 2024	884.00	927.85	969.60	831.25	0.967 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 down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 878.88 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.