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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 2024-09-26 View latest technical analysis

10 day averaged volume of Universal Cables is 51853

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	679.10	677.20	800.00	668.50	1.908 times
25 Wed Sep 2024	673.15	696.85	696.85	670.00	0.657 times
24 Tue Sep 2024	689.95	692.00	692.00	673.00	0.932 times
23 Mon Sep 2024	688.20	705.00	707.55	678.55	0.632 times
20 Fri Sep 2024	699.45	679.90	703.40	661.00	0.871 times
19 Thu Sep 2024	671.70	705.00	710.45	664.30	1.011 times
18 Wed Sep 2024	695.80	705.30	716.00	690.10	0.516 times
17 Tue Sep 2024	705.90	713.85	715.00	696.05	0.696 times
16 Mon Sep 2024	718.65	725.00	729.65	701.30	0.976 times
13 Fri Sep 2024	723.15	713.50	732.00	707.40	1.558 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 673.7 as stoploss in an intra day buy trade for a target of 691.62. However, stock will show a bearish move below 673.7.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	495.00
Downside Target	587.00
Downside Target	647.20
Upside Target	697.15
Upside Target	718.85
Upside Target	732.00
Upside Target	740.00
Upside Target	799.00
Upside Target	800.00
Upside Target	910.00
Upside Target	938.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	631.73
Downside Intraday Target	584.37
Upside Intraday Target	763.23
Upside Intraday Target	847.37
Upside Intraday Target	715.87

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	679.10	705.00	800.00	668.50	1.014 times
20 Fri Sep 2024	699.45	725.00	729.65	661.00	0.297 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

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 Thu Sep 2024	679.10	715.95	800.00	647.20	0.459 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 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 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 to mid 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 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 Strong 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 moving up

CCI has generated a buy signal for Universal Cables in short term and BUY signal is strong.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 695.16 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 positive

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