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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 2024-04-02 View latest technical analysis

10 day averaged volume of Universal Cables is 41524

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	490.40	478.00	493.00	466.00	0.821 times
01 Mon Apr 2024	473.30	455.45	475.50	455.05	2.521 times
28 Thu Mar 2024	455.40	453.00	461.95	448.60	0.516 times
27 Wed Mar 2024	452.85	447.40	459.10	446.00	0.869 times
26 Tue Mar 2024	444.95	423.00	458.30	411.20	3.226 times
22 Fri Mar 2024	420.05	415.30	436.80	409.10	0.755 times
21 Thu Mar 2024	413.45	400.60	419.00	400.60	0.526 times
20 Wed Mar 2024	400.55	397.90	402.00	390.00	0.342 times
19 Tue Mar 2024	392.00	395.85	400.65	390.00	0.28 times
18 Mon Mar 2024	395.85	400.00	405.45	394.10	0.315 times

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 485, for a target of 453 or 426.33

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	385.00
Downside Target	411.20
Downside Target	435.00
Downside Target	449.00
Downside Target	461.95
Downside Target	483.00
Downside Target	484.45
Upside Target	493.00
Upside Target	512.80
Upside Target	541.90
Upside Target	564.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	465.97
Downside Intraday Target	441.53
Upside Intraday Target	503.92
Upside Intraday Target	517.43
Downside Intraday Target	479.48

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	490.40	455.45	493.00	455.05	0.725 times
28 Thu Mar 2024	455.40	423.00	461.95	411.20	2.079 times
22 Fri Mar 2024	420.05	400.00	436.80	390.00	0.455 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

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
02 Tue Apr 2024	490.40	455.45	493.00	455.05	0.225 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, 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 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 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 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 BUY. Signal strength is Strong and stock is gaining 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 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 red color and prices are in or above 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 448.9 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.