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Stock analysis Cords Cable Industries Limited CORDSCABLE

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Moving Averages for Cords Cable Industries Limited

  • 5Day Average: 189.5
  • 12Day Average: 204.08
  • 20Day Average: 202.07
  • 50Day Average: 217.12
  • 100Day Average: 187.14
  • 150Day Average: 162.73
  • 200Day Average: 145.21

CORDSCABLE Indicators & signals

Indicator MACD (12,26,9)

198.66, 204.08, -3.53
Indicator MACD is in negative zone

Indicator ADX (14)

13.53, 21.79, 28.61
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 57
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of CORDSCABLE Cords Cable Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Tue Nov 2024 194.60 183.85 to 200.00 6.11% 1.34 times
18 Mon Nov 2024 183.39 180.80 to 187.72 -2.31% 0.54 times
14 Thu Nov 2024 187.72 186.40 to 194.13 -0.55% 0.67 times
13 Wed Nov 2024 188.76 184.71 to 195.89 -2.21% 0.81 times
12 Tue Nov 2024 193.02 191.82 to 208.98 -6.68% 1.78 times
11 Mon Nov 2024 206.83 205.00 to 214.95 -3.26% 1.05 times
08 Fri Nov 2024 213.80 212.50 to 219.45 -0.39% 0.35 times
07 Thu Nov 2024 214.63 211.52 to 223.95 -2.49% 1.09 times
06 Wed Nov 2024 220.12 217.91 to 223.89 0.62% 0.75 times
05 Tue Nov 2024 218.76 216.04 to 225.50 -0.47% 1.36 times
04 Mon Nov 2024 219.79 212.10 to 224.00 5.88% 1.6 times
01 Fri Nov 2024 207.59 205.00 to 209.20 1.82% 0.25 times

Technical analysis forecast for Cords Cable Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Cords Cable Industries Limited CORDSCABLE at this time. Stock is falling and might fall more.

It appears as if Cords Cable Industries Limited CORDSCABLE gave a large move recently.

Stock of Cords Cable Industries Limited (CORDSCABLE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Cords Cable Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 191.5 as stoploss in an intra day buy trade for a target of 202.3. However, stock will show a bearish move below 191.5.

More indepth analysis on MunafaSutra.com