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(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.

Showing technical analysis as on 2024-03-19 View latest technical analysis

10 day averaged volume of Universal Cables is 32370

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	392.00	395.85	400.65	390.00	0.359 times
18 Mon Mar 2024	395.85	400.00	405.45	394.10	0.405 times
15 Fri Mar 2024	399.80	410.00	410.15	394.00	0.835 times
14 Thu Mar 2024	406.00	394.95	412.30	390.95	1.511 times
13 Wed Mar 2024	394.95	402.20	413.95	385.00	1.586 times
12 Tue Mar 2024	408.10	415.00	417.85	404.65	0.852 times
11 Mon Mar 2024	414.90	425.65	425.65	406.95	1.467 times
07 Thu Mar 2024	425.65	429.85	434.90	423.10	0.404 times
06 Wed Mar 2024	425.65	432.75	435.00	417.95	1.999 times
05 Tue Mar 2024	430.05	437.25	439.90	426.80	0.425 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 405.6, but if it comes above 405.6, then a intra day buy could be more profitable.
If you take a sell trade below 405.6, then use 405.6 as stoploss and 374.1 as target. However if you take a buy trade in stock , then use 405.6 as stoploss and 431.89 as target.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	385.00
Upside Target	405.45
Upside Target	417.95
Upside Target	435.00
Upside Target	449.00
Upside Target	479.95
Upside Target	483.00
Upside Target	484.45
Upside Target	512.80
Upside Target	541.90
Upside Target	554.00
Upside Target	564.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	386.18
Downside Intraday Target	380.37
Upside Intraday Target	401.63
Upside Intraday Target	411.27
Upside Intraday Target	395.82

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	392.00	400.00	405.45	390.00	0.122 times
15 Fri Mar 2024	399.80	425.65	425.65	385.00	1.869 times
07 Thu Mar 2024	425.65	445.50	449.00	417.95	0.665 times
02 Sat Mar 2024	445.45	468.95	475.00	435.00	3.282 times
23 Fri Feb 2024	468.95	476.00	479.95	460.00	0.333 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 Universal Cables (UNIVCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	392.00	440.05	451.45	385.00	0.605 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
29 Fri Dec 2023	517.60	506.25	541.90	484.45	0.703 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 Universal Cables (UNIVCABLES)

Price action analysis of Universal Cables ( (UNIVCABLES) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) 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 Universal Cables ( (UNIVCABLES) ) 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 Universal Cables stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Universal Cables in short term and the sell signal is strong.

Universal 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 Universal Cables in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Universal 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 410.11 and Universal Cables (UNIVCABLES) 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 Universal Cables (UNIVCABLES) stock. Volume based technical analysis of Universal Cables (UNIVCABLES) stock is negative.

Universal 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.