(DecanCement) Decan Cement complete technical analysis [charts+indicators] | Buy/Sell Decan Cement | (DecanCement) share price targets
Complete technical analysis of Decan Cement (DecanCement) by charts plus indicators, forecast predictions and share price targets for Decan Cement (DecanCement)
10 day averaged volume of Decan Cement is 500
|Date||Daily Closing Price||Open||High||Low||Volume|
|06 Mon Feb 2023||465.75||470.00||470.00||463.35||1.642 times|
|03 Fri Feb 2023||462.95||470.00||470.00||453.75||0.184 times|
|02 Thu Feb 2023||460.55||470.00||477.45||458.05||1.234 times|
|01 Wed Feb 2023||472.25||472.60||482.05||462.90||2.402 times|
|31 Tue Jan 2023||471.50||470.00||479.40||458.25||1.16 times|
|30 Mon Jan 2023||464.60||460.00||466.75||454.95||1.932 times|
|27 Fri Jan 2023||467.05||470.00||470.95||463.05||0.528 times|
|25 Wed Jan 2023||466.75||470.85||471.25||464.05||0.742 times|
|24 Tue Jan 2023||470.85||478.85||478.85||465.35||0.358 times|
|23 Mon Jan 2023||475.30||483.75||484.30||474.05||1.284 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 466.8, but if it comes above 466.8, then a intra day buy could be more profitable.
If you take a sell trade below 466.8, then use 466.8 as stoploss and 453.3 as target. However if you take a buy trade in stock , then use 466.8 as stoploss and 478.03 as target.
Share price targets for Decan Cement (DecanCement)
Intraday share price targets for Decan Cement (DecanCement)
|Downside Intraday Target||462.73|
|Downside Intraday Target||459.72|
|Upside Intraday Target||469.38|
|Upside Intraday Target||473.02|
|Upside Intraday Target||466.37|
Weekly technical analysis of Decan Cement (DecanCement)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|06 Mon Feb 2023||465.75||470.00||470.00||463.35||0.238 times|
|03 Fri Feb 2023||462.95||460.00||482.05||453.75||2.374 times|
|27 Fri Jan 2023||467.05||483.75||484.30||463.05||2.147 times|
|20 Fri Jan 2023||483.80||493.75||496.15||472.95||0.537 times|
|13 Fri Jan 2023||492.95||498.70||501.40||484.95||0.286 times|
Price has moved up 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 Decan Cement (DecanCement)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|06 Mon Feb 2023||465.75||472.60||482.05||453.75||0.292 times|
|31 Tue Jan 2023||471.50||494.80||511.40||454.95||0.44 times|
|30 Fri Dec 2022||493.95||510.00||555.40||465.00||0.951 times|
|30 Wed Nov 2022||516.00||515.55||532.00||450.00||1.675 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 Decan Cement (DecanCement)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||11, 22, 35||Sell|
Price action analysis of Decan Cement ( (DecanCement) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Decan Cement ( (DecanCement) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Decan Cement ( (DecanCement) ) 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 Decan Cement ( (DecanCement) ) 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 Decan Cement stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Decan Cement in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Decan Cement Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Decan Cement in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Decan Cement is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 468.25 and Decan Cement (DecanCement) 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 Decan Cement (DecanCement) stock. Volume based technical analysis of Decan Cement (DecanCement) stock is negative.
Decan Cement 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.