Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-30 View latest technical analysis

10 day averaged volume of Finolex Cables is 224849

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1452.25	1445.00	1514.85	1443.00	3.164 times
29 Thu Aug 2024	1440.45	1465.00	1470.15	1433.50	0.321 times
28 Wed Aug 2024	1464.10	1482.70	1492.15	1460.05	0.376 times
27 Tue Aug 2024	1482.70	1490.00	1499.95	1468.30	0.867 times
26 Mon Aug 2024	1486.90	1482.00	1516.30	1452.35	0.777 times
23 Fri Aug 2024	1477.45	1465.70	1538.00	1454.85	4.013 times
22 Thu Aug 2024	1454.95	1450.00	1477.40	1442.95	0.558 times
21 Wed Aug 2024	1439.95	1456.60	1487.75	1438.50	0.625 times
20 Tue Aug 2024	1462.10	1473.00	1490.00	1456.00	0.974 times
19 Mon Aug 2024	1447.85	1456.00	1464.80	1425.00	0.716 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 bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1446.8 as stoploss in an intra day buy trade for a target of 1469.9. However, stock will show a bearish move below 1446.8.

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	1498.90
Upside Target	1516.30
Upside Target	1522.00
Upside Target	1538.00
Upside Target	1548.85
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	1418.4
Downside Intraday Target	1384.55
Upside Intraday Target	1501.2
Upside Intraday Target	1550.15
Upside Intraday Target	1467.35

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	1452.25	1482.00	1516.30	1433.50	0.799 times
23 Fri Aug 2024	1477.45	1456.00	1538.00	1425.00	2.951 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

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
30 Fri Aug 2024	1452.25	1540.00	1548.85	1420.25	1.175 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 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 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 BUY. 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.

Finolex Cables Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and BUY 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 1464.79 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.