Stock analysis Universal Cables Limited UNIVCABLES
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Recent prices of UNIVCABLES Universal Cables Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 19 Tue Nov 2024 | 598.35 | 595.00 to 623.05 | 0.23% | 0.77 times |
| 18 Mon Nov 2024 | 597.00 | 593.95 to 614.20 | -2.53% | 0.65 times |
| 14 Thu Nov 2024 | 612.50 | 601.00 to 622.40 | 1.35% | 0.79 times |
| 13 Wed Nov 2024 | 604.35 | 601.20 to 622.95 | -3.32% | 1.56 times |
| 12 Tue Nov 2024 | 625.10 | 619.10 to 646.10 | -1.57% | 0.85 times |
| 11 Mon Nov 2024 | 635.10 | 632.00 to 660.90 | -2.38% | 1.21 times |
| 08 Fri Nov 2024 | 650.60 | 648.05 to 671.45 | -2.95% | 0.66 times |
| 07 Thu Nov 2024 | 670.40 | 666.65 to 693.40 | 0.86% | 1.83 times |
| 06 Wed Nov 2024 | 664.70 | 659.80 to 669.30 | 0.8% | 0.65 times |
| 05 Tue Nov 2024 | 659.40 | 645.00 to 665.00 | 1.1% | 0.97 times |
| 04 Mon Nov 2024 | 652.25 | 646.35 to 665.55 | -2% | 0.83 times |
| 01 Fri Nov 2024 | 665.55 | 650.65 to 676.00 | -0.08% | 0.38 times |
Technical analysis forecast for Universal Cables 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 Universal Cables Limited UNIVCABLES at this time. Stock is falling and might fall more.
It appears as if Universal Cables Limited UNIVCABLES gave a large move recently.
Stock of Universal Cables Limited (UNIVCABLES) 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 Universal Cables Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Universal Cables Limited stays below 612.6, but if it comes above 612.6, then a intra day buy could be more profitable.
If you take a sell trade below 612.6, then use 612.6 as stoploss and 584.3 as target. However if you take a buy trade in Universal Cables Limited, then use 612.6 as stoploss and 636.07 as target.