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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 2024-09-16 View latest technical analysis

10 day averaged volume of Universal Cables is 113557

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	718.65	725.00	729.65	701.30	0.445 times
13 Fri Sep 2024	723.15	713.50	732.00	707.40	0.711 times
12 Thu Sep 2024	709.35	683.90	718.80	677.70	0.982 times
11 Wed Sep 2024	675.25	674.80	690.00	661.20	2.681 times
10 Tue Sep 2024	669.90	669.90	676.50	663.25	0.349 times
09 Mon Sep 2024	663.25	675.95	675.95	647.20	1.544 times
06 Fri Sep 2024	666.05	687.00	692.45	658.10	1.518 times
05 Thu Sep 2024	686.65	696.80	699.00	682.50	0.539 times
04 Wed Sep 2024	691.10	700.00	709.00	686.40	0.716 times
03 Tue Sep 2024	701.70	708.10	708.95	693.65	0.355 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 712.3, but if it comes below 712.3, then a intra day sell could be more profitable.
If you take a sell trade below 712.3, then use 712.3 as stoploss and 694.91 as target. However if you take a buy trade in stock , then use 712.3 as stoploss and 733.2 as target.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	495.00
Downside Target	587.00
Downside Target	647.20
Downside Target	697.15
Upside Target	718.85
Upside Target	729.65
Upside Target	732.00
Upside Target	740.00
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	703.42
Downside Intraday Target	688.18
Upside Intraday Target	731.77
Upside Intraday Target	744.88
Downside Intraday Target	716.53

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	718.65	725.00	729.65	701.30	0.071 times
13 Fri Sep 2024	723.15	675.95	732.00	647.20	1.68 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

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
16 Mon Sep 2024	718.65	715.95	732.00	647.20	0.349 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 up 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 to mid 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 mid to longer 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.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 683.32 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 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 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.