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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 2022-05-17 View latest technical analysis

10 day averaged volume of Decan Cement is 1812

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 514.55 510.00 521.50 506.70 0.304 times
16 Mon May 2022 503.45 502.00 518.90 493.95 0.605 times
13 Fri May 2022 492.70 502.40 510.05 490.00 0.912 times
12 Thu May 2022 495.85 500.00 501.00 490.00 1.257 times
11 Wed May 2022 511.20 525.30 525.30 505.05 0.937 times
10 Tue May 2022 523.25 525.05 540.95 520.00 0.777 times
09 Mon May 2022 536.90 539.05 540.00 527.00 1.219 times
06 Fri May 2022 539.25 542.35 549.60 525.60 1.396 times
05 Thu May 2022 552.20 563.65 575.00 544.80 1.761 times
04 Wed May 2022 559.50 574.20 576.20 558.00 1.016 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 517.8, but if it comes above 517.8, then a intra day buy could be more profitable.
If you take a sell trade below 517.8, then use 517.8 as stoploss and 473.5 as target. However if you take a buy trade in stock , then use 517.8 as stoploss and 554.81 as target.

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 490.00
Downside Target 509.25
Upside Target 521.50
Upside Target 540.95
Upside Target 558.60
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 498.5
Downside Intraday Target 482.45
Upside Intraday Target 526.05
Upside Intraday Target 537.55
Downside Intraday Target 510

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 514.55 502.00 521.50 493.95 0.178 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
17 Tue May 2022 514.55 562.05 576.20 490.00 0.423 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 19, 26, 14 Sell
MACD -32, -24Sell
Stochastics 16Sell
CCI -36Buy
RSI 53Buy
OBV -39616Sell
VWAP 527Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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.

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

Stock of Decan Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 527.04 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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