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(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)

Target Type Value
Downside Target 450.00
Upside Target 484.30
Upside Target 484.95
Upside Target 485.05
Upside Target 496.15
Upside Target 501.40
Upside Target 511.40
Upside Target 532.00
Upside Target 539.00
Upside Target 555.40

Intraday share price targets for Decan Cement (DecanCement)

Target Type Value
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
MACD -17, -16Sell
Stochastics 29Sell
CCI -33Buy
RSI 41Sell
OBV -642Sell
VWAP 468Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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.

Click here for Decan Cement charts

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Daily charts

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Daily chart

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