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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 2024-09-05 View latest technical analysis

10 day averaged volume of Finolex Cables is 258817

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1424.40	1434.95	1441.40	1417.00	0.53 times
04 Wed Sep 2024	1430.80	1440.00	1451.95	1425.00	0.439 times
03 Tue Sep 2024	1443.45	1453.85	1469.90	1440.00	0.415 times
02 Mon Sep 2024	1451.10	1452.25	1464.00	1445.05	0.392 times
30 Fri Aug 2024	1452.25	1445.00	1514.85	1443.00	2.749 times
29 Thu Aug 2024	1440.45	1465.00	1470.15	1433.50	0.279 times
28 Wed Aug 2024	1464.10	1482.70	1492.15	1460.05	0.327 times
27 Tue Aug 2024	1482.70	1490.00	1499.95	1468.30	0.753 times
26 Mon Aug 2024	1486.90	1482.00	1516.30	1452.35	0.675 times
23 Fri Aug 2024	1477.45	1465.70	1538.00	1454.85	3.487 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1439, but if it comes above 1439, then a intra day buy could be more profitable.
If you take a sell trade below 1439, then use 1439 as stoploss and 1414.7 as target. However if you take a buy trade in stock , then use 1439 as stoploss and 1459.25 as target.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	994.15
Downside Target	1300.05
Downside Target	1417.00
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	1404.3
Downside Intraday Target	1384.2
Upside Intraday Target	1457.2
Upside Intraday Target	1490
Upside Intraday Target	1437.1

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	1424.40	1452.25	1469.90	1417.00	0.371 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
05 Thu Sep 2024	1424.40	1452.25	1469.90	1417.00	0.108 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 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 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 SELL. 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 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 1462.85 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.