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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 2024-10-16 View latest technical analysis

10 day averaged volume of Finolex Cables is 241415

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1342.50	1345.55	1360.60	1331.95	1.406 times
15 Tue Oct 2024	1345.65	1311.00	1350.00	1295.35	1.306 times
14 Mon Oct 2024	1307.65	1299.00	1317.00	1299.00	0.477 times
11 Fri Oct 2024	1298.15	1310.20	1311.00	1288.00	0.6 times
10 Thu Oct 2024	1300.15	1310.00	1319.50	1291.00	0.719 times
09 Wed Oct 2024	1295.05	1350.00	1354.90	1285.00	1.266 times
08 Tue Oct 2024	1333.90	1305.00	1351.10	1267.20	1.927 times
07 Mon Oct 2024	1294.55	1368.55	1374.40	1279.00	1.42 times
04 Fri Oct 2024	1365.15	1384.00	1386.95	1336.95	0.751 times
03 Thu Oct 2024	1380.85	1401.10	1406.30	1365.00	0.779 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 1315.7 as stoploss in an intra day buy trade for a target of 1383.08. However, stock will show a bearish move below 1315.7.

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	1267.20
Downside Target	1295.35
Downside Target	1336.95
Upside Target	1420.25
Upside Target	1441.15
Upside Target	1445.00
Upside Target	1449.15
Upside Target	1548.85
Upside Target	1559.00
Upside Target	1697.95
Upside Target	1700.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	1305.03
Downside Intraday Target	1267.57
Upside Intraday Target	1370.28
Upside Intraday Target	1398.07
Downside Intraday Target	1332.82

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	1342.50	1299.00	1360.60	1295.35	0.538 times
11 Fri Oct 2024	1298.15	1368.55	1374.40	1267.20	1.803 times
04 Fri Oct 2024	1365.15	1440.00	1449.15	1336.95	0.164 times
27 Fri Sep 2024	1443.35	1394.00	1559.00	1392.00	10.143 times
20 Fri Sep 2024	1387.20	1433.00	1433.00	1372.00	0.93 times

Price has moved up 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
16 Wed Oct 2024	1342.50	1423.90	1445.00	1267.20	0.41 times
30 Mon Sep 2024	1412.50	1452.25	1559.00	1369.15	1.573 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

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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 coming down

CCI has generated a buy signal for Finolex Cables in short term and BUY 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

Stock of Finolex Cables is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1326.78 and Finolex Cables (FINCABLES) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.