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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 2024-05-21 View latest technical analysis

10 day averaged volume of Finolex Cables is 249140

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue May 2024	1058.20	1050.00	1069.00	1037.00	0.671 times
18 Sat May 2024	1054.35	1062.00	1065.00	1044.90	0.058 times
17 Fri May 2024	1055.40	1045.00	1070.45	1044.85	1.257 times
16 Thu May 2024	1039.70	1049.75	1054.40	1035.35	0.294 times
15 Wed May 2024	1046.40	1029.80	1084.40	1027.35	2.151 times
14 Tue May 2024	1022.45	1022.05	1031.00	1017.05	0.458 times
13 Mon May 2024	1022.55	1020.10	1034.05	994.15	0.769 times
10 Fri May 2024	1027.65	1019.00	1038.00	1005.30	2.23 times
09 Thu May 2024	1014.50	1051.05	1060.00	1007.10	1.02 times
08 Wed May 2024	1057.30	1042.00	1069.50	1034.30	0.709 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1056.2, but if it comes below 1056.2, then a intra day sell could be more profitable.
If you take a sell trade below 1056.2, then use 1056.2 as stoploss and 1036.62 as target. However if you take a buy trade in stock , then use 1056.2 as stoploss and 1079.7 as target.

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
Upside Target	1069.00
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	1040.47
Downside Intraday Target	1022.73
Upside Intraday Target	1072.47
Upside Intraday Target	1086.73
Downside Intraday Target	1054.73

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue May 2024	1058.20	1050.00	1069.00	1037.00	0.135 times
18 Sat May 2024	1054.35	1020.10	1084.40	994.15	0.907 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

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
21 Tue May 2024	1058.20	1070.75	1084.40	994.15	0.739 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 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 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 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 short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.

MACD generated a BUY signal for Finolex 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.

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. Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Finolex 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 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 1038.27 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.