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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 2024-05-15 View latest technical analysis

10 day averaged volume of Finolex Cables is 259306

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed May 2024	1046.40	1029.80	1084.40	1027.35	2.067 times
14 Tue May 2024	1022.45	1022.05	1031.00	1017.05	0.44 times
13 Mon May 2024	1022.55	1020.10	1034.05	994.15	0.739 times
10 Fri May 2024	1027.65	1019.00	1038.00	1005.30	2.142 times
09 Thu May 2024	1014.50	1051.05	1060.00	1007.10	0.98 times
08 Wed May 2024	1057.30	1042.00	1069.50	1034.30	0.682 times
07 Tue May 2024	1062.50	1039.85	1070.00	1013.00	1.012 times
06 Mon May 2024	1032.10	1054.00	1056.00	1028.00	0.467 times
03 Fri May 2024	1048.35	1066.00	1082.00	1044.65	1.107 times
02 Thu May 2024	1066.00	1070.75	1077.00	1041.00	0.968 times

Stock of Finolex Cables (FINCABLES) has showed a significant upmove. This could be a good time to enter in this stock!

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 1050 as stoploss in an intra day sell trade for a target of 1022.09. However, stock will show a bullish move above 1050.

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	1032.00
Upside Target	1070.00
Upside Target	1082.00
Upside Target	1084.40
Upside Target	1124.00
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	998.9
Downside Intraday Target	951.4
Upside Intraday Target	1089.15
Upside Intraday Target	1131.9
Downside Intraday Target	1041.65

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed May 2024	1046.40	1020.10	1084.40	994.15	0.614 times
10 Fri May 2024	1027.65	1054.00	1070.00	1005.30	1.107 times
03 Fri May 2024	1048.35	1004.40	1082.00	1004.05	1.248 times
26 Fri Apr 2024	1004.40	977.00	1032.00	966.30	2.15 times
19 Fri Apr 2024	970.45	981.70	1005.60	960.60	0.662 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
15 Wed May 2024	1046.40	1070.75	1084.40	994.15	0.612 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
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 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 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.

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 green color and prices are above the green cloud Prices appear to be moving up

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 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 1040.61 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 positive

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