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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 1493

Date Daily Closing Price Open High Low Volume
20 Fri May 2022 511.60 503.50 518.00 496.00 1.202 times
19 Thu May 2022 496.95 492.25 501.40 490.35 0.571 times
18 Wed May 2022 511.25 524.70 549.00 503.95 0.439 times
17 Tue May 2022 514.55 510.00 521.50 506.70 0.369 times
16 Mon May 2022 503.45 502.00 518.90 493.95 0.734 times
13 Fri May 2022 492.70 502.40 510.05 490.00 1.107 times
12 Thu May 2022 495.85 500.00 501.00 490.00 1.526 times
11 Wed May 2022 511.20 525.30 525.30 505.05 1.137 times
10 Tue May 2022 523.25 525.05 540.95 520.00 0.943 times
09 Mon May 2022 536.90 539.05 540.00 527.00 1.48 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 506.3 as stoploss in an intra day buy trade for a target of 540.92. However, stock will show a bearish move below 506.3.

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 490.00
Downside Target 509.25
Upside Target 525.60
Upside Target 540.95
Upside Target 576.20
Upside Target 581.05
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 484.97
Downside Intraday Target 458.33
Upside Intraday Target 543.62
Upside Intraday Target 575.63
Upside Intraday Target 516.98

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
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
22 Fri Apr 2022 600.20 609.00 633.40 581.05 4.296 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
20 Fri May 2022 511.60 562.05 576.20 490.00 0.498 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, 22, 14 Buy
MACD -33, -29Sell
Stochastics 24Sell
CCI -19Buy
RSI 54Buy
OBV -21501Sell
VWAP 511Buy
ADL 0Sell
ROC -5Sell
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 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 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 BUY. Signal strength is Weak 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 moving up

CCI has generated a buy signal for Decan Cement in short term but BUY signal is weak.

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 510.51 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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