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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 2024-08-23 View latest technical analysis

10 day averaged volume of Universal Cables is 175226

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	687.70	681.95	702.00	681.95	0.175 times
22 Thu Aug 2024	688.45	715.00	715.00	685.00	0.154 times
21 Wed Aug 2024	697.05	695.00	708.60	683.85	0.362 times
20 Tue Aug 2024	695.00	682.10	723.05	682.00	0.462 times
19 Mon Aug 2024	680.35	671.95	686.15	668.70	0.21 times
16 Fri Aug 2024	668.65	679.90	694.05	664.20	0.323 times
14 Wed Aug 2024	674.60	707.30	707.90	665.30	1.126 times
13 Tue Aug 2024	707.15	714.00	729.00	670.35	4.905 times
12 Mon Aug 2024	767.80	740.20	782.00	737.10	0.639 times
09 Fri Aug 2024	753.00	747.85	761.05	737.25	0.774 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 685.5 as stoploss in an intra day buy trade for a target of 758.79. However, stock will show a bearish move below 685.5.

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	663.25
Downside Intraday Target	638.8
Upside Intraday Target	717.6
Upside Intraday Target	747.5
Upside Intraday Target	693.15

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	687.70	671.95	723.05	668.70	0.195 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
23 Fri Aug 2024	687.70	874.00	938.00	664.20	1.322 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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

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 707.59 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.