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Stock analysis Finolex Cables Limited FINCABLES

More indepth analysis on MunafaSutra.com

Moving Averages for Finolex Cables Limited

  • 5Day Average: 1037.3
  • 12Day Average: 1041.24
  • 20Day Average: 1028.42
  • 50Day Average: 977.65
  • 100Day Average: 1009.47
  • 150Day Average: 996.89
  • 200Day Average: 1017.68

FINCABLES Indicators & signals

Indicator MACD (12,26,9)

1035.91, 1020.56, 16.57
Indicator MACD is in positive zone

Indicator ADX (14)

34.76, 27.63, 13.38
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 58
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FINCABLES Finolex Cables Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Fri May 2024 1055.40 1044.85 to 1070.45 1.51% 1.22 times
16 Thu May 2024 1039.70 1035.35 to 1054.40 -0.64% 0.28 times
15 Wed May 2024 1046.40 1027.35 to 1084.40 2.34% 2.08 times
14 Tue May 2024 1022.45 1017.05 to 1031.00 -0.01% 0.44 times
13 Mon May 2024 1022.55 994.15 to 1034.05 -0.5% 0.74 times
10 Fri May 2024 1027.65 1005.30 to 1038.00 1.3% 2.16 times
09 Thu May 2024 1014.50 1007.10 to 1060.00 -4.05% 0.99 times
08 Wed May 2024 1057.30 1034.30 to 1069.50 -0.49% 0.69 times
07 Tue May 2024 1062.50 1013.00 to 1070.00 2.95% 1.02 times
06 Mon May 2024 1032.10 1028.00 to 1056.00 -1.55% 0.47 times
03 Fri May 2024 1048.35 1044.65 to 1082.00 -1.66% 1.12 times
02 Thu May 2024 1066.00 1041.00 to 1077.00 1.21% 0.98 times

Technical analysis forecast of Finolex Cables Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Finolex Cables Limited FINCABLES at this time. Stock is rising and might rise more.

It appears as if Finolex Cables Limited FINCABLES gave a large move recently.

Stock of Finolex Cables Limited (FINCABLES) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Finolex Cables Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Finolex Cables Limited stays above 1052.8, but if it comes below 1052.8, then a intra day sell could be more profitable.
If you take a sell trade below 1052.8, then use 1052.8 as stoploss and 1027.01 as target. However if you take a buy trade in Finolex Cables Limited, then use 1052.8 as stoploss and 1083.8 as target.

More indepth analysis on MunafaSutra.com