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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 1420

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 507.45 510.10 526.80 501.00 0.512 times
20 Fri May 2022 511.60 503.50 518.00 496.00 1.263 times
19 Thu May 2022 496.95 492.25 501.40 490.35 0.601 times
18 Wed May 2022 511.25 524.70 549.00 503.95 0.462 times
17 Tue May 2022 514.55 510.00 521.50 506.70 0.388 times
16 Mon May 2022 503.45 502.00 518.90 493.95 0.772 times
13 Fri May 2022 492.70 502.40 510.05 490.00 1.164 times
12 Thu May 2022 495.85 500.00 501.00 490.00 1.604 times
11 Wed May 2022 511.20 525.30 525.30 505.05 1.195 times
10 Tue May 2022 523.25 525.05 540.95 520.00 0.992 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 503.8 as stoploss in an intra day buy trade for a target of 536.29. However, stock will show a bearish move below 503.8.

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 490.00
Downside Target 501.00
Upside Target 525.60
Upside Target 540.95
Upside Target 570.45
Upside Target 570.85
Upside Target 576.20
Upside Target 630.00
Upside Target 633.40
Upside Target 639.20
Upside Target 649.65

Intraday share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Intraday Target 496.7
Downside Intraday Target 485.95
Upside Intraday Target 522.5
Upside Intraday Target 537.55
Upside Intraday Target 511.75

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 507.45 510.10 526.80 501.00 0.147 times
20 Fri May 2022 511.60 502.00 549.00 490.35 0.535 times
13 Fri May 2022 492.70 539.05 540.95 490.00 1.189 times
06 Fri May 2022 539.25 562.05 576.20 525.60 1.389 times
29 Fri Apr 2022 572.40 599.60 630.00 570.45 0.241 times

Price has moved down 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
23 Mon May 2022 507.45 562.05 576.20 490.00 0.514 times
29 Fri Apr 2022 572.40 562.70 633.40 558.60 0.665 times
31 Thu Mar 2022 553.70 536.75 570.85 509.25 1.171 times
28 Mon Feb 2022 539.35 617.85 649.65 511.05 0.696 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 30, 20, 20 Buy
MACD -32, -30Sell
Stochastics 26Sell
CCI 19Buy
RSI 56Buy
OBV -24102Sell
VWAP 506Buy
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Decan Cement ( (DecanCement) ) based on a short 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 short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Decan Cement stock for short term is BUY. 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Decan Cement in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 505.74 and Decan Cement (DecanCement) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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Daily chart

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