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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 2024-10-24 View latest technical analysis

10 day averaged volume of Universal Cables is 25483

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	643.15	626.80	647.95	617.00	0.887 times
23 Wed Oct 2024	623.65	624.25	641.75	615.00	1.553 times
22 Tue Oct 2024	633.75	641.70	680.90	630.25	1.55 times
21 Mon Oct 2024	651.45	662.55	662.55	634.25	1.005 times
18 Fri Oct 2024	656.00	647.00	664.00	633.00	0.817 times
17 Thu Oct 2024	647.95	669.55	671.45	645.60	0.694 times
16 Wed Oct 2024	670.75	649.90	677.00	648.75	1.816 times
15 Tue Oct 2024	645.90	667.50	667.55	630.05	1.269 times
14 Mon Oct 2024	650.45	651.80	665.65	646.80	0.39 times
11 Fri Oct 2024	655.80	660.90	662.90	652.55	0.298 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 634.9 as stoploss in an intra day buy trade for a target of 652.31. However, stock will show a bearish move below 634.9.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	587.00
Downside Target	615.00
Downside Target	630.05
Upside Target	647.20
Upside Target	664.20
Upside Target	694.90
Upside Target	697.15
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	611.8
Downside Intraday Target	580.45
Upside Intraday Target	677.7
Upside Intraday Target	712.25
Upside Intraday Target	646.35

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	643.15	662.55	680.90	615.00	1.002 times
18 Fri Oct 2024	656.00	651.80	677.00	630.05	1.065 times
11 Fri Oct 2024	655.80	649.85	664.80	598.05	0.721 times
04 Fri Oct 2024	640.55	682.40	694.90	633.65	0.685 times
27 Fri Sep 2024	679.65	705.00	800.00	668.50	1.145 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
24 Thu Oct 2024	643.15	688.00	688.00	598.05	0.298 times
30 Mon Sep 2024	681.05	715.95	800.00	647.20	0.482 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

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 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 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 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 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 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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 646.8 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.