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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 2024-11-29 View latest technical analysis

10 day averaged volume of Universal Cables is 16758

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	611.95	610.05	619.00	606.10	0.859 times
28 Thu Nov 2024	613.80	617.00	645.00	610.05	0.708 times
27 Wed Nov 2024	607.85	617.95	617.95	604.10	1.545 times
26 Tue Nov 2024	610.65	613.30	622.50	607.25	0.572 times
25 Mon Nov 2024	613.30	599.95	628.80	599.95	0.965 times
22 Fri Nov 2024	591.10	593.30	605.00	588.00	0.574 times
21 Thu Nov 2024	592.30	598.80	605.00	590.00	0.904 times
19 Tue Nov 2024	598.35	598.80	623.05	595.00	0.97 times
18 Mon Nov 2024	597.00	614.20	614.20	593.95	0.813 times
14 Thu Nov 2024	612.50	606.35	622.40	601.00	0.988 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 599.9 as stoploss in an intra day buy trade for a target of 627.12. However, stock will show a bearish move below 599.9.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	588.00
Upside Target	623.05
Upside Target	644.25
Upside Target	660.90
Upside Target	690.00
Upside Target	693.40
Upside Target	697.15
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	592.93
Downside Intraday Target	573.92
Upside Intraday Target	637.98
Upside Intraday Target	664.02
Upside Intraday Target	618.97

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Nov 2024	611.95	599.95	645.00	599.95	1.426 times
22 Fri Nov 2024	591.10	614.20	623.05	588.00	0.589 times
14 Thu Nov 2024	612.50	653.10	660.90	601.00	0.892 times
08 Fri Nov 2024	650.60	665.55	693.40	645.00	0.531 times
01 Fri Nov 2024	665.55	654.50	690.00	644.25	1.361 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
29 Fri Nov 2024	611.95	676.00	693.40	588.00	0.487 times
31 Thu Oct 2024	666.05	688.00	690.00	598.05	0.423 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

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 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 BUY. Signal strength is Strong 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. 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 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 605.32 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 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.