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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 2024-09-03 View latest technical analysis

10 day averaged volume of Finolex Cables is 272674

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	1443.45	1453.85	1469.90	1440.00	0.394 times
02 Mon Sep 2024	1451.10	1452.25	1464.00	1445.05	0.372 times
30 Fri Aug 2024	1452.25	1445.00	1514.85	1443.00	2.609 times
29 Thu Aug 2024	1440.45	1465.00	1470.15	1433.50	0.265 times
28 Wed Aug 2024	1464.10	1482.70	1492.15	1460.05	0.31 times
27 Tue Aug 2024	1482.70	1490.00	1499.95	1468.30	0.715 times
26 Mon Aug 2024	1486.90	1482.00	1516.30	1452.35	0.641 times
23 Fri Aug 2024	1477.45	1465.70	1538.00	1454.85	3.31 times
22 Thu Aug 2024	1454.95	1450.00	1477.40	1442.95	0.46 times
21 Wed Aug 2024	1439.95	1456.60	1487.75	1438.50	0.515 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1446.3, but if it comes above 1446.3, then a intra day buy could be more profitable.
If you take a sell trade below 1446.3, then use 1446.3 as stoploss and 1423.7 as target. However if you take a buy trade in stock , then use 1446.3 as stoploss and 1465.16 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	994.15
Downside Target	1300.05
Downside Target	1420.25
Upside Target	1506.90
Upside Target	1508.80
Upside Target	1516.30
Upside Target	1522.00
Upside Target	1538.00
Upside Target	1548.85
Upside Target	1697.95
Upside Target	1700.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1432.33
Downside Intraday Target	1421.22
Upside Intraday Target	1462.23
Upside Intraday Target	1481.02
Upside Intraday Target	1451.12

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	1443.45	1452.25	1469.90	1440.00	0.169 times
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

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
03 Tue Sep 2024	1443.45	1452.25	1469.90	1440.00	0.049 times
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

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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining 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 coming down

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

RSI is generating a BUY signal in short term and the buying is gaining 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 1464.65 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.