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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 2024-09-11 View latest technical analysis

10 day averaged volume of Universal Cables is 96293

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	675.25	674.80	690.00	661.20	3.162 times
10 Tue Sep 2024	669.90	669.90	676.50	663.25	0.412 times
09 Mon Sep 2024	663.25	675.95	675.95	647.20	1.821 times
06 Fri Sep 2024	666.05	687.00	692.45	658.10	1.79 times
05 Thu Sep 2024	686.65	696.80	699.00	682.50	0.635 times
04 Wed Sep 2024	691.10	700.00	709.00	686.40	0.845 times
03 Tue Sep 2024	701.70	708.10	708.95	693.65	0.419 times
02 Mon Sep 2024	710.00	715.95	718.85	695.95	0.712 times
30 Fri Aug 2024	714.15	706.60	729.00	697.50	0.624 times
29 Thu Aug 2024	700.35	716.90	725.00	690.00	0.886 times

Stock of Universal Cables (UNIVCABLES) has showed a significant upmove. This could be a good time to enter in this stock!

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 672.8 as stoploss in an intra day buy trade for a target of 688.53. However, stock will show a bearish move below 672.8.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	495.00
Downside Target	587.00
Downside Target	647.20
Upside Target	690.00
Upside Target	718.85
Upside Target	723.05
Upside Target	740.00
Upside Target	782.00
Upside Target	799.00
Upside Target	910.00
Upside Target	938.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	651.63
Downside Intraday Target	628.02
Upside Intraday Target	694.43
Upside Intraday Target	713.62
Downside Intraday Target	670.82

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	675.25	675.95	690.00	647.20	1.226 times
06 Fri Sep 2024	666.05	715.95	718.85	658.10	0.676 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

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
11 Wed Sep 2024	675.25	715.95	718.85	647.20	0.277 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 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 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 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 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 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.

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 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 moving up

CCI has generated a buy signal for Universal Cables in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 680.77 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.