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Stock analysis Universal Cables Limited UNIVCABLES

More indepth analysis on MunafaSutra.com

Moving Averages for Universal Cables Limited

  • 5Day Average: 571.58
  • 12Day Average: 533.82
  • 20Day Average: 508.75
  • 50Day Average: 467.22
  • 100Day Average: 487.98
  • 150Day Average: 492.16
  • 200Day Average: 479.37

UNIVCABLES Indicators & signals

Indicator MACD (12,26,9)

538.96, 505.58, 23.63
Indicator MACD is in positive zone

Indicator ADX (14)

66.39, 34.38, 6.94
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 66
Indicator RSI is indicating buying momentum and stock might rise.

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

Date Close Range Change % Volume
25 Thu Apr 2024 588.45 583.10 to 593.00 -0.22% 0.26 times
24 Wed Apr 2024 589.75 567.55 to 592.50 3.61% 0.76 times
23 Tue Apr 2024 569.20 559.60 to 611.95 -1.13% 1.71 times
22 Mon Apr 2024 575.70 539.95 to 604.25 7.65% 4.21 times
19 Fri Apr 2024 534.80 495.80 to 537.95 5.75% 0.85 times
18 Thu Apr 2024 505.70 494.35 to 522.00 0.77% 0.57 times
16 Tue Apr 2024 501.85 493.60 to 513.00 1.63% 0.32 times
15 Mon Apr 2024 493.80 484.55 to 510.45 -2.6% 0.25 times
12 Fri Apr 2024 507.00 504.00 to 517.00 -1.18% 0.16 times
10 Wed Apr 2024 513.05 502.50 to 532.00 -1.52% 0.53 times
09 Tue Apr 2024 520.95 499.05 to 534.00 3.04% 0.64 times
08 Mon Apr 2024 505.60 487.05 to 509.35 3.07% 0.27 times

Technical analysis forecast of Universal 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 Universal Cables Limited UNIVCABLES at this time. Stock is rising and might rise more.

It appears as if Universal Cables Limited UNIVCABLES gave a large move recently.

Stock of Universal Cables Limited (UNIVCABLES) 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 Universal Cables Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Universal Cables Limited stays above 558.6, but if it comes below 558.6, then a intra day sell could be more profitable.
If you take a sell trade below 558.6, then use 558.6 as stoploss and 516.34 as target. However if you take a buy trade in Universal Cables Limited, then use 558.6 as stoploss and 609.3 as target.

More indepth analysis on MunafaSutra.com