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

(UNIVCABLES) Universal Cables complete technical analysis [charts+indicators] | Buy/Sell Universal Cables | (UNIVCABLES) share price targets

Complete technical analysis of Universal Cables (UNIVCABLES) by charts plus indicators, forecast predictions and share price targets for Universal Cables (UNIVCABLES)

Universal Cables trades in NSE in Other Elect.Equip. sector.

10 day averaged volume of Universal Cables is 100773

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	569.20	575.70	611.95	559.60	2.147 times
22 Mon Apr 2024	575.70	544.90	604.25	539.95	5.288 times
19 Fri Apr 2024	534.80	495.80	537.95	495.80	1.065 times
18 Thu Apr 2024	505.70	505.00	522.00	494.35	0.711 times
16 Tue Apr 2024	501.85	493.80	513.00	493.60	0.405 times
15 Mon Apr 2024	493.80	500.05	510.45	484.55	0.316 times
12 Fri Apr 2024	507.00	507.40	517.00	504.00	0.202 times
10 Wed Apr 2024	513.05	526.15	532.00	502.50	0.662 times
09 Tue Apr 2024	520.95	506.40	534.00	499.05	0.804 times
08 Mon Apr 2024	505.60	490.55	509.35	487.05	0.335 times

Stock of Universal Cables (UNIVCABLES) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 582, for a target of 532.6 or 491.51

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	385.00
Downside Target	411.20
Downside Target	435.00
Downside Target	455.05
Downside Target	483.00
Downside Target	512.80
Downside Target	534.00
Downside Target	537.95
Downside Target	539.95
Downside Target	541.90
Downside Target	564.00
Upside Target	611.95

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	535.45
Downside Intraday Target	501.7
Upside Intraday Target	607.45
Upside Intraday Target	645.7
Upside Intraday Target	573.7

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	569.20	544.90	611.95	539.95	2.978 times
19 Fri Apr 2024	534.80	500.05	537.95	484.55	1.246 times
12 Fri Apr 2024	507.00	490.55	534.00	487.05	1.005 times
05 Fri Apr 2024	490.55	455.45	493.00	455.05	1.049 times
28 Thu Mar 2024	455.40	423.00	461.95	411.20	2.079 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Universal Cables (UNIVCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	569.20	455.45	611.95	455.05	2.279 times
28 Thu Mar 2024	455.40	440.05	461.95	385.00	1.044 times
29 Thu Feb 2024	438.20	512.45	512.80	435.00	0.692 times
31 Wed Jan 2024	509.65	517.60	564.00	483.00	0.76 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Universal Cables (UNIVCABLES)

Price action analysis of Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Universal Cables ( (UNIVCABLES) ) based on a short to mid 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 Universal Cables ( (UNIVCABLES) ) based on a mid to longer 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.

ADX buy sell signal for Universal Cables stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Universal Cables in short term and the buy signal is strong.

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

Universal Cables Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Universal 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Universal 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 551.74 and Universal Cables (UNIVCABLES) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Universal Cables (UNIVCABLES) stock. Volume based technical analysis of Universal Cables (UNIVCABLES) stock is negative.

Universal Cables Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.