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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 2024-08-05 View latest technical analysis

10 day averaged volume of Finolex Cables is 130276

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1455.90	1522.00	1522.00	1444.20	1.533 times
02 Fri Aug 2024	1533.40	1512.00	1540.00	1498.90	0.807 times
01 Thu Aug 2024	1524.15	1540.00	1548.85	1516.00	1.215 times
31 Wed Jul 2024	1533.15	1599.90	1605.00	1525.00	2.665 times
30 Tue Jul 2024	1578.40	1591.95	1609.45	1569.15	0.662 times
29 Mon Jul 2024	1580.75	1570.95	1611.00	1569.00	1.032 times
26 Fri Jul 2024	1561.00	1539.90	1569.80	1530.40	0.644 times
25 Thu Jul 2024	1531.45	1538.70	1545.00	1514.25	0.538 times
24 Wed Jul 2024	1538.70	1518.70	1553.50	1504.95	0.47 times
23 Tue Jul 2024	1502.90	1552.00	1558.45	1441.15	1.362 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1461.8, for a target of 1517.6 or 1564.08

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	960.60
Downside Target	994.15
Downside Target	1070.00
Downside Target	1300.05
Downside Target	1441.15
Upside Target	1498.90
Upside Target	1556.00
Upside Target	1569.80
Upside Target	1611.00
Upside Target	1674.90
Upside Target	1683.35
Upside Target	1697.95
Upside Target	1700.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1426.07
Downside Intraday Target	1396.23
Upside Intraday Target	1503.87
Upside Intraday Target	1551.83
Upside Intraday Target	1474.03

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	1455.90	1522.00	1522.00	1444.20	0.24 times
02 Fri Aug 2024	1533.40	1570.95	1611.00	1498.90	1.763 times
26 Fri Jul 2024	1561.00	1537.20	1569.80	1441.15	0.442 times
19 Fri Jul 2024	1537.25	1588.80	1674.90	1521.00	1.186 times
12 Fri Jul 2024	1583.65	1666.50	1683.35	1556.00	1.429 times

Price has moved down 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
05 Mon Aug 2024	1455.90	1540.00	1548.85	1444.20	0.127 times
31 Wed Jul 2024	1533.15	1582.85	1697.95	1441.15	0.617 times
28 Fri Jun 2024	1559.40	1500.00	1700.00	1300.05	0.223 times
31 Fri May 2024	1435.40	1070.75	1506.90	994.15	5.873 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. 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.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Finolex Cables in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 1526.59 and Finolex Cables (FINCABLES) stock is trading below this level. This means that stock is falling with high volumes. 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.