(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)
Intraday share price targets for Decan Cement (DecanCement)
|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|
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.