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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 2022-05-18 View latest technical analysis

10 day averaged volume of Decan Cement is 1845

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 511.25 524.70 549.00 503.95 0.356 times
17 Tue May 2022 514.55 510.00 521.50 506.70 0.299 times
16 Mon May 2022 503.45 502.00 518.90 493.95 0.594 times
13 Fri May 2022 492.70 502.40 510.05 490.00 0.896 times
12 Thu May 2022 495.85 500.00 501.00 490.00 1.235 times
11 Wed May 2022 511.20 525.30 525.30 505.05 0.92 times
10 Tue May 2022 523.25 525.05 540.95 520.00 0.763 times
09 Mon May 2022 536.90 539.05 540.00 527.00 1.197 times
06 Fri May 2022 539.25 542.35 549.60 525.60 1.371 times
05 Thu May 2022 552.20 563.65 575.00 544.80 1.73 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 513.7, but if it comes above 513.7, then a intra day buy could be more profitable.
If you take a sell trade below 513.7, then use 513.7 as stoploss and 469.1 as target. However if you take a buy trade in stock , then use 513.7 as stoploss and 550.84 as target.

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 487.13
Downside Intraday Target 463.02
Upside Intraday Target 542.18
Upside Intraday Target 573.12
Upside Intraday Target 518.07

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 511.25 502.00 549.00 493.95 0.249 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
18 Wed May 2022 511.25 562.05 576.20 490.00 0.438 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 27, 21, 13 Buy
MACD -32, -26Sell
Stochastics 23Sell
CCI 3Buy
RSI 55Buy
OBV -31907Sell
VWAP 523Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Decan Cement ( (DecanCement) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 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 522.98 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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