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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 2024-08-22 View latest technical analysis

10 day averaged volume of Finolex Cables is 140877

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1454.95	1450.00	1477.40	1442.95	0.89 times
21 Wed Aug 2024	1439.95	1456.60	1487.75	1438.50	0.998 times
20 Tue Aug 2024	1462.10	1473.00	1490.00	1456.00	1.555 times
19 Mon Aug 2024	1447.85	1456.00	1464.80	1425.00	1.143 times
16 Fri Aug 2024	1465.25	1480.00	1508.80	1452.60	1.233 times
14 Wed Aug 2024	1477.85	1447.95	1490.00	1420.25	1.201 times
13 Tue Aug 2024	1437.90	1457.60	1467.00	1428.15	0.597 times
12 Mon Aug 2024	1457.60	1490.00	1492.00	1450.05	0.693 times
09 Fri Aug 2024	1490.60	1520.00	1520.00	1486.05	0.554 times
08 Thu Aug 2024	1497.30	1493.50	1510.80	1485.50	0.765 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 1450.8 as stoploss in an intra day buy trade for a target of 1495.15. However, stock will show a bearish move below 1450.8.

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	1420.25
Upside Target	1490.00
Upside Target	1508.80
Upside Target	1522.00
Upside Target	1548.85
Upside Target	1569.80
Upside Target	1611.00
Upside Target	1697.95
Upside Target	1700.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1423.3
Downside Intraday Target	1391.65
Upside Intraday Target	1488.3
Upside Intraday Target	1521.65
Upside Intraday Target	1456.65

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	1454.95	1456.00	1490.00	1425.00	1.231 times
16 Fri Aug 2024	1465.25	1490.00	1508.80	1420.25	0.755 times
09 Fri Aug 2024	1490.60	1522.00	1522.00	1444.20	0.836 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

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
22 Thu Aug 2024	1454.95	1540.00	1548.85	1420.25	0.586 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Finolex Cables in short term and the sell signal is strong.

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 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 1462.43 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.