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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 2024-05-22 View latest technical analysis

10 day averaged volume of Decan Cement is 617

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 599.40 601.00 607.55 594.30 2.264 times
21 Tue May 2024 604.20 621.00 621.00 602.10 1.619 times
18 Sat May 2024 608.00 623.00 641.00 603.95 0.407 times
17 Fri May 2024 610.85 608.15 621.00 608.00 0.395 times
16 Thu May 2024 607.60 617.90 619.85 604.35 4.139 times
15 Wed May 2024 619.45 615.05 619.45 612.10 0.1 times
14 Tue May 2024 613.20 608.50 619.60 608.50 0.241 times
13 Mon May 2024 607.50 604.00 622.00 596.00 0.82 times
10 Fri May 2024 609.35 612.00 612.00 603.80 0.107 times
09 Thu May 2024 602.55 619.00 619.20 602.55 0.394 times

Stock of Decan Cement (DecanCement) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 606.4, but if it comes above 606.4, then a intra day buy could be more profitable.
If you take a sell trade below 606.4, then use 606.4 as stoploss and 590.5 as target. However if you take a buy trade in stock , then use 606.4 as stoploss and 619.62 as target.

Share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Target 525.60
Downside Target 550.05
Downside Target 564.00
Downside Target 594.30
Upside Target 617.50
Upside Target 641.00
Upside Target 642.30
Upside Target 647.10
Upside Target 666.00
Upside Target 668.00

Intraday share price targets for Decan Cement (DecanCement)

Target Type Value
Downside Intraday Target 588.8
Downside Intraday Target 578.2
Upside Intraday Target 615.5
Upside Intraday Target 631.6
Upside Intraday Target 604.9

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 599.40 621.00 621.00 594.30 0.636 times
18 Sat May 2024 608.00 604.00 641.00 596.00 0.909 times
10 Fri May 2024 609.35 627.80 642.30 602.55 1.006 times
03 Fri May 2024 625.50 633.00 666.00 624.50 0.436 times
26 Fri Apr 2024 634.45 617.55 647.10 617.50 2.141 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
22 Wed May 2024 599.40 634.05 642.30 594.30 0.363 times
30 Tue Apr 2024 632.80 590.05 666.00 550.05 0.695 times
28 Thu Mar 2024 590.50 618.25 639.95 525.60 0.998 times
29 Thu Feb 2024 607.05 616.10 668.00 601.00 0.718 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 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 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 neutral. A longer time frame might give a better analysis.

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.

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 green color and prices are in or below the green 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

Stock of Decan Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 605.51 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.

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 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 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 neutral. A longer time frame might give a better analysis.

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.

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 green color and prices are in or below the green 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

Stock of Decan Cement is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 605.51 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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