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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 2024-08-22 View latest technical analysis

10 day averaged volume of Universal Cables is 192882

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	688.45	715.00	715.00	685.00	0.14 times
21 Wed Aug 2024	697.05	695.00	708.60	683.85	0.329 times
20 Tue Aug 2024	695.00	682.10	723.05	682.00	0.42 times
19 Mon Aug 2024	680.35	671.95	686.15	668.70	0.191 times
16 Fri Aug 2024	668.65	679.90	694.05	664.20	0.294 times
14 Wed Aug 2024	674.60	707.30	707.90	665.30	1.023 times
13 Tue Aug 2024	707.15	714.00	729.00	670.35	4.456 times
12 Mon Aug 2024	767.80	740.20	782.00	737.10	0.58 times
09 Fri Aug 2024	753.00	747.85	761.05	737.25	0.704 times
08 Thu Aug 2024	738.25	750.00	788.30	726.00	0.949 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 692.4, but if it comes above 692.4, then a intra day buy could be more profitable.
If you take a sell trade below 692.4, then use 692.4 as stoploss and 601 as target. However if you take a buy trade in stock , then use 692.4 as stoploss and 768.58 as target.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	455.05
Downside Target	495.00
Downside Target	587.00
Downside Target	611.95
Downside Target	664.20
Upside Target	697.15
Upside Target	713.35
Upside Target	766.00
Upside Target	782.00
Upside Target	799.00
Upside Target	815.45
Upside Target	910.00
Upside Target	938.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	663.75
Downside Intraday Target	639.05
Upside Intraday Target	718.1
Upside Intraday Target	747.75
Upside Intraday Target	693.4

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	688.45	671.95	723.05	668.70	0.17 times
16 Fri Aug 2024	668.65	740.20	782.00	664.20	1.244 times
09 Fri Aug 2024	753.00	810.00	815.45	713.35	1.922 times
02 Fri Aug 2024	819.20	883.25	938.00	814.00	1.928 times
26 Fri Jul 2024	875.40	850.00	910.00	766.00	0.445 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
22 Thu Aug 2024	688.45	874.00	938.00	664.20	1.308 times
31 Wed Jul 2024	870.00	697.20	910.00	697.15	1.072 times
28 Fri Jun 2024	697.15	634.00	799.00	587.00	1.197 times
31 Fri May 2024	611.85	585.75	672.90	495.00	0.972 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Universal Cables stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 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

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 711.14 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.