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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 2023-02-02 View latest technical analysis

10 day averaged volume of Decan Cement is 450

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 460.55 470.00 477.45 458.05 1.371 times
01 Wed Feb 2023 472.25 472.60 482.05 462.90 2.669 times
31 Tue Jan 2023 471.50 470.00 479.40 458.25 1.289 times
30 Mon Jan 2023 464.60 460.00 466.75 454.95 2.147 times
27 Fri Jan 2023 467.05 470.00 470.95 463.05 0.587 times
25 Wed Jan 2023 466.75 470.85 471.25 464.05 0.824 times
24 Tue Jan 2023 470.85 478.85 478.85 465.35 0.398 times
23 Mon Jan 2023 475.30 483.75 484.30 474.05 1.427 times
20 Fri Jan 2023 483.80 476.00 484.70 472.95 0.196 times
19 Thu Jan 2023 478.60 484.05 487.70 478.55 0.327 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 455.6, for a target of 469.7 or 481.41

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 450.00
Upside Target 485.05
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

Intraday share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Intraday Target 449.65
Downside Intraday Target 438.75
Upside Intraday Target 476.75
Upside Intraday Target 492.95
Upside Intraday Target 465.85

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 460.55 460.00 482.05 454.95 2.31 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Decan Cement (DecanCement)

Date Monthly Closing Price Open High Low Volume
02 Thu Feb 2023 460.55 472.60 482.05 458.05 0.194 times
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

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 13, 23, 29 Sell
MACD -17, -16Sell
Stochastics 36None
CCI -79Sell
RSI 43Sell
OBV -2991Sell
VWAP 469Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Decan Cement ( (DecanCement) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Decan Cement ( (DecanCement) ) based on a short term time period is

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and selling is picking up 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 469.32 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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