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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 2023-01-31 View latest technical analysis

10 day averaged volume of Decan Cement is 310

Date Daily Closing Price Open High Low Volume
31 Tue Jan 2023 471.50 470.00 479.40 458.25 1.871 times
30 Mon Jan 2023 464.60 460.00 466.75 454.95 3.116 times
27 Fri Jan 2023 467.05 470.00 470.95 463.05 0.852 times
25 Wed Jan 2023 466.75 470.85 471.25 464.05 1.197 times
24 Tue Jan 2023 470.85 478.85 478.85 465.35 0.577 times
23 Mon Jan 2023 475.30 483.75 484.30 474.05 2.071 times
20 Fri Jan 2023 483.80 476.00 484.70 472.95 0.284 times
19 Thu Jan 2023 478.60 484.05 487.70 478.55 0.474 times
18 Wed Jan 2023 485.20 489.95 489.95 485.20 0.213 times
17 Tue Jan 2023 486.55 491.80 494.40 486.10 0.839 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 472.9, but if it comes above 472.9, then a intra day buy could be more profitable.
If you take a sell trade below 472.9, then use 472.9 as stoploss and 458.2 as target. However if you take a buy trade in stock , then use 472.9 as stoploss and 485.25 as target.

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 450.00
Upside Target 491.00
Upside Target 496.15
Upside Target 501.40
Upside Target 511.40
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 457.83
Downside Intraday Target 444.17
Upside Intraday Target 482.28
Upside Intraday Target 493.07
Downside Intraday Target 468.62

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
31 Tue Jan 2023 471.50 460.00 479.40 454.95 1.062 times
27 Fri Jan 2023 467.05 483.75 484.30 463.05 2.147 times
20 Fri Jan 2023 483.80 493.75 496.15 472.95 0.537 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

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
31 Tue Jan 2023 471.50 494.80 511.40 454.95 0.44 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 1.675 times
31 Mon Oct 2022 508.60 518.00 539.00 485.05 0.326 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 15, 27, 27 Sell
MACD -17, -15Sell
Stochastics 26Sell
CCI -48Buy
RSI 48Sell
OBV -1273Sell
VWAP 471Buy
ADL 0Sell
ROC -3Sell
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 Strong 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 below 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 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 471.41 and Decan Cement (DecanCement) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

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Daily charts

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Daily chart

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