(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, -29 | Sell |
Stochastics | 24 | Sell |
CCI | -19 | Buy |
RSI | 54 | Buy |
OBV | -21501 | Sell |
VWAP | 511 | Buy |
ADL | 0 | Sell |
ROC | -5 | Sell |
Force Index | 0 | 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 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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