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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 2024-02-20 View latest technical analysis

10 day averaged volume of Universal Cables is 26615

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	471.60	472.05	479.95	470.10	0.355 times
19 Mon Feb 2024	472.40	476.00	479.95	472.00	0.301 times
16 Fri Feb 2024	475.30	474.40	485.05	466.05	0.539 times
15 Thu Feb 2024	469.65	474.40	487.75	467.00	0.932 times
14 Wed Feb 2024	471.25	463.35	479.90	463.35	1.324 times
13 Tue Feb 2024	472.90	487.70	487.70	464.95	0.82 times
12 Mon Feb 2024	481.05	493.60	498.50	470.05	1.977 times
09 Fri Feb 2024	484.90	495.90	495.90	479.00	0.726 times
08 Thu Feb 2024	492.00	497.30	497.30	486.60	1.138 times
07 Wed Feb 2024	494.35	499.70	505.60	490.10	1.393 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 475.1, but if it comes above 475.1, then a intra day buy could be more profitable.
If you take a sell trade below 475.1, then use 475.1 as stoploss and 460.7 as target. However if you take a buy trade in stock , then use 475.1 as stoploss and 487.13 as target.

Share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Target	463.35
Upside Target	498.50
Upside Target	510.45
Upside Target	512.80
Upside Target	513.00
Upside Target	522.00
Upside Target	531.25
Upside Target	541.90
Upside Target	554.00
Upside Target	564.00

Intraday share price targets for Universal Cables (UNIVCABLES)

Target Type	Value
Downside Intraday Target	467.82
Downside Intraday Target	464.03
Upside Intraday Target	477.67
Upside Intraday Target	483.73
Upside Intraday Target	473.88

Weekly technical analysis of Universal Cables (UNIVCABLES)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	471.60	476.00	479.95	470.10	0.117 times
16 Fri Feb 2024	475.30	493.60	498.50	463.35	0.885 times
09 Fri Feb 2024	484.90	501.55	510.45	475.95	0.93 times
02 Fri Feb 2024	500.90	483.00	513.00	483.00	2.135 times
25 Thu Jan 2024	490.55	504.40	522.00	485.00	0.604 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
20 Tue Feb 2024	471.60	512.45	512.80	463.35	0.489 times
31 Wed Jan 2024	509.65	517.60	564.00	483.00	0.76 times
29 Fri Dec 2023	517.60	506.25	541.90	484.45	0.703 times
30 Thu Nov 2023	503.05	515.00	554.00	468.45	1.267 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 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 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 SELL. 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 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 and SELL signal is strong!

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

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 480.47 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.