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(FINCABLES) Finolex Cables complete technical analysis [charts+indicators] | Buy/Sell Finolex Cables | (FINCABLES) share price targets

Complete technical analysis of Finolex Cables (FINCABLES) by charts plus indicators, forecast predictions and share price targets for Finolex Cables (FINCABLES)

Finolex Cables trades in NSE in Other Elect.Equip. sector.

10 day averaged volume of Finolex Cables is 201816

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	978.10	977.00	984.70	970.25	0.358 times
19 Fri Apr 2024	970.45	970.00	979.00	965.40	0.408 times
18 Thu Apr 2024	984.45	984.00	1005.60	981.05	0.582 times
16 Tue Apr 2024	984.00	984.00	994.05	980.00	0.592 times
15 Mon Apr 2024	985.55	981.70	992.10	960.60	0.704 times
12 Fri Apr 2024	1000.35	1000.00	1004.00	989.10	0.963 times
10 Wed Apr 2024	1001.45	1000.95	1004.90	989.10	0.506 times
09 Tue Apr 2024	996.90	1004.45	1008.65	987.10	0.567 times
08 Mon Apr 2024	1004.90	995.00	1022.00	988.10	1.413 times
05 Fri Apr 2024	991.05	1000.50	1008.20	987.00	1.478 times

My analysis of stock is bullish for shortterm, and stock might move up till 1013 or till 1059.7. Use a stoploss of 974.19 and if this stock hits its stoploss, then it can fall down till 935.34

Share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Target	831.25
Downside Target	889.80
Downside Target	915.35
Downside Target	960.60
Upside Target	1008.90
Upside Target	1021.05
Upside Target	1022.00
Upside Target	1045.75
Upside Target	1124.00
Upside Target	1157.95
Upside Target	1183.00

Intraday share price targets for Finolex Cables (FINCABLES)

Target Type	Value
Downside Intraday Target	970.67
Downside Intraday Target	963.23
Upside Intraday Target	985.12
Upside Intraday Target	992.13
Downside Intraday Target	977.68

Weekly technical analysis of Finolex Cables (FINCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	978.10	977.00	984.70	970.25	0.157 times
19 Fri Apr 2024	970.45	981.70	1005.60	960.60	0.662 times
12 Fri Apr 2024	1000.35	995.00	1022.00	987.10	0.424 times
05 Fri Apr 2024	991.05	1003.00	1045.75	969.00	0.509 times
28 Thu Mar 2024	1001.00	889.80	1008.90	889.80	2.118 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 Finolex Cables (FINCABLES)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	978.10	1003.00	1045.75	960.60	0.336 times
28 Thu Mar 2024	1001.00	927.85	1008.90	831.25	1.839 times
29 Thu Feb 2024	920.80	1103.95	1183.00	915.35	1.028 times
31 Wed Jan 2024	1100.20	1055.00	1124.00	1021.05	0.502 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 Finolex Cables (FINCABLES)

Price action analysis of Finolex Cables ( (FINCABLES) ) 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 Finolex Cables ( (FINCABLES) ) based on a short to mid 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 Finolex Cables ( (FINCABLES) ) 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 Finolex Cables stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Finolex Cables in short term but the sell signal is initial and weak.

Finolex 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Finolex 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Finolex 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 992.66 and Finolex Cables (FINCABLES) 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 Finolex Cables (FINCABLES) stock. Volume based technical analysis of Finolex Cables (FINCABLES) stock is negative.

Finolex 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.