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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 2023-01-17 View latest technical analysis

10 day averaged volume of Decan Cement is 450

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Jan 2023	486.55	491.80	494.40	486.10	0.578 times
16 Mon Jan 2023	487.55	493.75	496.15	485.80	0.26 times
13 Fri Jan 2023	492.95	495.25	496.40	491.40	0.904 times
12 Thu Jan 2023	492.90	501.40	501.40	484.95	0.211 times
11 Wed Jan 2023	490.75	494.70	496.60	490.70	0.327 times
10 Tue Jan 2023	490.30	494.65	494.65	490.10	0.036 times
09 Mon Jan 2023	494.50	498.70	500.30	492.25	1.329 times
06 Fri Jan 2023	494.55	501.55	501.55	491.00	0.796 times
05 Thu Jan 2023	501.75	507.45	507.70	496.95	3.549 times
04 Wed Jan 2023	505.10	504.50	509.00	497.20	0.358 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 486.6, but if it comes above 486.6, then a intra day buy could be more profitable.
If you take a sell trade below 486.6, then use 486.6 as stoploss and 478.4 as target. However if you take a buy trade in stock , then use 486.6 as stoploss and 493.39 as target.

Share price targets for Decan Cement (DecanCement)

Target Type	Value
Downside Target	450.00
Downside Target	465.00
Downside Target	475.05
Upside Target	504.25
Upside Target	511.40
Upside Target	525.00
Upside Target	532.00
Upside Target	539.00
Upside Target	555.40
Upside Target	587.00

Intraday share price targets for Decan Cement (DecanCement)

Target Type	Value
Downside Intraday Target	482.85
Downside Intraday Target	479.15
Upside Intraday Target	493.2
Upside Intraday Target	499.85
Upside Intraday Target	489.5

Weekly technical analysis of Decan Cement (DecanCement)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Jan 2023	486.55	493.75	496.15	485.80	0.298 times
13 Fri Jan 2023	492.95	498.70	501.40	484.95	0.286 times
06 Fri Jan 2023	494.55	494.80	511.40	491.00	1.086 times
30 Fri Dec 2022	493.95	465.00	504.25	465.00	1.574 times
23 Fri Dec 2022	478.05	509.35	525.00	475.05	0.647 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
17 Tue Jan 2023	486.55	494.80	511.40	484.95	0.285 times
30 Fri Dec 2022	493.95	510.00	555.40	465.00	0.951 times
30 Wed Nov 2022	516.00	515.55	532.00	450.00	1.563 times
31 Mon Oct 2022	508.60	518.00	539.00	485.05	0.35 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)

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 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 Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling is losing 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 496.9 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.