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(IndCem) Ind Cem complete technical analysis [charts+indicators] | Buy/Sell Ind Cem | (IndCem) share price targets

Complete technical analysis of Ind Cem (IndCem) by charts plus indicators, forecast predictions and share price targets for Ind Cem (IndCem)

Showing technical analysis as on 2022-05-06 View latest technical analysis

10 day averaged volume of Ind Cem is 6277

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 10.25 10.75 10.75 9.85 0.294 times
05 Thu May 2022 10.17 10.45 10.54 10.16 0.705 times
04 Wed May 2022 10.19 10.40 11.30 10.07 2.047 times
02 Mon May 2022 10.39 11.30 11.30 10.01 0.924 times
29 Fri Apr 2022 10.34 10.39 10.39 10.07 0.525 times
28 Thu Apr 2022 10.36 10.65 10.65 10.22 0.356 times
27 Wed Apr 2022 10.40 10.85 10.85 9.90 0.757 times
26 Tue Apr 2022 10.31 10.95 10.95 9.82 1.29 times
25 Mon Apr 2022 10.25 11.10 11.10 10.21 1.414 times
22 Fri Apr 2022 10.78 10.43 11.10 10.21 1.193 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.2 as stoploss in an intra day buy trade for a target of 10.43. However, stock will show a bearish move below 10.2.

Share price targets for Ind Cem (IndCem)

Target Type Value
Downside Target 9.21
Downside Target 9.53
Downside Target 10.20
Upside Target 10.95
Upside Target 11.30
Upside Target 11.40
Upside Target 11.72
Upside Target 11.95
Upside Target 12.06
Upside Target 13.09

Intraday share price targets for Ind Cem (IndCem)

Target Type Value
Downside Intraday Target 9.63
Downside Intraday Target 9.02
Upside Intraday Target 11.08
Upside Intraday Target 11.92
Upside Intraday Target 10.47

Weekly technical analysis of Ind Cem (IndCem)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 10.25 11.30 11.30 9.85 0.914 times
29 Fri Apr 2022 10.34 11.10 11.10 9.82 0.511 times
22 Fri Apr 2022 10.78 11.20 12.06 10.20 1.075 times
13 Wed Apr 2022 10.97 10.71 11.95 10.20 0.558 times
08 Fri Apr 2022 10.61 10.60 10.95 9.80 3.152 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 Ind Cem (IndCem)

Date Monthly Closing Price Open High Low Volume
06 Fri May 2022 10.25 11.30 11.30 9.85 0.11 times
29 Fri Apr 2022 10.34 9.70 12.06 9.70 1.285 times
31 Thu Mar 2022 9.86 10.28 11.40 9.53 0.597 times
28 Mon Feb 2022 9.84 11.65 11.72 9.21 0.416 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 Ind Cem (IndCem)

Indicator Name Indicator Value Indicator Signal
ADX 14, 10, 14 Buy
MACD -0, 0Sell
Stochastics 26Sell
CCI -83Sell
RSI 49Sell
OBV 660Sell
VWAP 10Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Ind Cem ( (IndCem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ind Cem ( (IndCem) ) 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 Ind Cem ( (IndCem) ) 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 Ind Cem ( (IndCem) ) based on a mid to longer term time period is

ADX buy sell signal for Ind Cem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ind Cem in short term and the sell signal is strong.

Ind Cem 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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ind Cem 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 Ind Cem is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.34 and Ind Cem (IndCem) 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 Ind Cem (IndCem) stock. Volume based technical analysis of Ind Cem (IndCem) stock is negative.

Ind Cem 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 Ind Cem charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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