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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)

Showing technical analysis as on 2022-05-09 View latest technical analysis

10 day averaged volume of Decan Cement is 1693

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 536.90 539.05 540.00 527.00 1.305 times
06 Fri May 2022 539.25 542.35 549.60 525.60 1.494 times
05 Thu May 2022 552.20 563.65 575.00 544.80 1.885 times
04 Wed May 2022 559.50 574.20 576.20 558.00 1.087 times
02 Mon May 2022 566.80 562.05 567.60 556.00 0.128 times
29 Fri Apr 2022 572.40 583.85 583.85 570.45 0.596 times
28 Thu Apr 2022 579.45 586.15 587.40 577.15 0.257 times
27 Wed Apr 2022 578.65 630.00 630.00 577.90 0.894 times
26 Tue Apr 2022 584.45 588.50 600.15 579.00 1.209 times
25 Mon Apr 2022 587.85 599.60 599.60 582.95 0.35 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 534.2, for a target of 560.1 or 581.68

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 509.25
Downside Target 525.60
Upside Target 540.00
Upside Target 558.60
Upside Target 581.05
Upside Target 592.00
Upside Target 615.00
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 529.27
Downside Intraday Target 521.63
Upside Intraday Target 542.27
Upside Intraday Target 547.63
Downside Intraday Target 534.63

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 536.90 539.05 540.00 527.00 0.284 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
13 Wed Apr 2022 604.55 595.00 615.00 592.00 0.634 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
09 Mon May 2022 536.90 562.05 576.20 525.60 0.226 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 20, 26, 13 Sell
MACD -11, -1Sell
Stochastics 11Sell
CCI -132Sell
RSI 55Buy
OBV -33158Sell
VWAP 559Sell
ADL 0Sell
ROC -11Sell
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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Decan Cement in short term and the sell signal is strong.

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 SELL signal for Decan Cement in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 559.23 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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