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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 2024-08-26 View latest technical analysis

10 day averaged volume of Universal Cables is 159985

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	678.60	687.75	694.80	672.00	0.243 times
23 Fri Aug 2024	687.70	681.95	702.00	681.95	0.191 times
22 Thu Aug 2024	688.45	715.00	715.00	685.00	0.169 times
21 Wed Aug 2024	697.05	695.00	708.60	683.85	0.396 times
20 Tue Aug 2024	695.00	682.10	723.05	682.00	0.507 times
19 Mon Aug 2024	680.35	671.95	686.15	668.70	0.23 times
16 Fri Aug 2024	668.65	679.90	694.05	664.20	0.354 times
14 Wed Aug 2024	674.60	707.30	707.90	665.30	1.233 times
13 Tue Aug 2024	707.15	714.00	729.00	670.35	5.372 times
12 Mon Aug 2024	767.80	740.20	782.00	737.10	0.7 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 678.8, but if it comes above 678.8, then a intra day buy could be more profitable.
If you take a sell trade below 678.8, then use 678.8 as stoploss and 594.7 as target. However if you take a buy trade in stock , then use 678.8 as stoploss and 748.95 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	694.80
Upside Target	713.35
Upside Target	782.00
Upside Target	799.00
Upside Target	814.00
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	668.8
Downside Intraday Target	659
Upside Intraday Target	691.6
Upside Intraday Target	704.6
Upside Intraday Target	681.8

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	678.60	687.75	694.80	672.00	0.163 times
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

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
26 Mon Aug 2024	678.60	874.00	938.00	664.20	1.341 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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

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 702.74 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.