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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 2024-03-21 View latest technical analysis

10 day averaged volume of Universal Cables is 31904

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	413.45	400.60	419.00	400.60	0.684 times
20 Wed Mar 2024	400.55	397.90	402.00	390.00	0.446 times
19 Tue Mar 2024	392.00	395.85	400.65	390.00	0.364 times
18 Mon Mar 2024	395.85	400.00	405.45	394.10	0.41 times
15 Fri Mar 2024	399.80	410.00	410.15	394.00	0.847 times
14 Thu Mar 2024	406.00	394.95	412.30	390.95	1.533 times
13 Wed Mar 2024	394.95	402.20	413.95	385.00	1.609 times
12 Tue Mar 2024	408.10	415.00	417.85	404.65	0.865 times
11 Mon Mar 2024	414.90	425.65	425.65	406.95	1.489 times
07 Thu Mar 2024	425.65	429.85	434.90	423.10	0.41 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 401.6 as stoploss in an intra day buy trade for a target of 425.7. However, stock will show a bearish move below 401.6.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	385.00
Upside Target	417.95
Upside Target	435.00
Upside Target	449.00
Upside Target	475.00
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	395.97
Downside Intraday Target	378.48
Upside Intraday Target	424.97
Upside Intraday Target	436.48
Downside Intraday Target	407.48

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	413.45	400.00	419.00	390.00	0.3 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 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 Universal Cables (UNIVCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	413.45	440.05	451.45	385.00	0.667 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing momentum.

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

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

Universal 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 moving up

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 405.25 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 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.