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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 2024-09-02 View latest technical analysis

10 day averaged volume of Universal Cables is 86568

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	710.00	715.95	718.85	695.95	0.792 times
30 Fri Aug 2024	714.15	706.60	729.00	697.50	0.694 times
29 Thu Aug 2024	700.35	716.90	725.00	690.00	0.985 times
28 Wed Aug 2024	711.55	717.30	740.00	705.00	2.065 times
27 Tue Aug 2024	710.20	685.40	728.90	677.70	3.048 times
26 Mon Aug 2024	678.60	687.75	694.80	672.00	0.449 times
23 Fri Aug 2024	687.70	681.95	702.00	681.95	0.354 times
22 Thu Aug 2024	688.45	715.00	715.00	685.00	0.312 times
21 Wed Aug 2024	697.05	695.00	708.60	683.85	0.733 times
20 Tue Aug 2024	695.00	682.10	723.05	682.00	0.936 times

My analysis of stock is bearish for shortterm, and stock might move down till 682 or till 646.1. Use a stoploss of 711.88 and if the stock hits stoploss, then it can shoot up till 741.76

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	495.00
Downside Target	587.00
Downside Target	664.20
Downside Target	695.95
Upside Target	713.35
Upside Target	723.05
Upside Target	740.00
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	697.68
Downside Intraday Target	685.37
Upside Intraday Target	720.58
Upside Intraday Target	731.17
Downside Intraday Target	708.27

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	710.00	715.95	718.85	695.95	0.109 times
30 Fri Aug 2024	714.15	687.75	740.00	672.00	2.624 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

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
02 Mon Sep 2024	710.00	715.95	718.85	695.95	0.02 times
30 Fri Aug 2024	714.15	874.00	938.00	664.20	1.621 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

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 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 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 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 Weak 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. Bulls are getting tired and bears 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 but SELL signal is weak.

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 704.69 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.