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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)

10 day averaged volume of Ind Cem is 4555

Date Daily Closing Price Open High Low Volume
28 Tue Mar 2023 8.45 9.00 9.15 8.41 0.392 times
27 Mon Mar 2023 8.91 9.15 9.15 8.55 0.23 times
24 Fri Mar 2023 8.80 8.70 9.05 8.60 0.245 times
23 Thu Mar 2023 8.78 8.99 9.14 8.57 1.122 times
22 Wed Mar 2023 8.99 9.00 9.17 8.56 0.227 times
21 Tue Mar 2023 8.79 8.60 8.90 8.00 2.558 times
20 Mon Mar 2023 8.42 8.65 9.10 8.30 1.09 times
17 Fri Mar 2023 8.90 9.00 9.00 8.50 0.814 times
16 Thu Mar 2023 8.75 8.50 8.86 8.21 0.287 times
15 Wed Mar 2023 8.65 8.99 8.99 8.60 3.05 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 8.3, for a target of 8.7 or 8.99

Share price targets for Ind Cem (IndCem)

Target Type Value
Downside Target 8.00
Downside Target 8.21
Downside Target 8.41
Upside Target 9.15
Upside Target 9.54
Upside Target 9.85
Upside Target 9.93
Upside Target 10.00
Upside Target 10.51
Upside Target 11.10
Upside Target 11.44
Upside Target 11.88
Upside Target 13.20

Intraday share price targets for Ind Cem (IndCem)

Target Type Value
Downside Intraday Target 8.19
Downside Intraday Target 7.93
Upside Intraday Target 8.93
Upside Intraday Target 9.41
Upside Intraday Target 8.67

Weekly technical analysis of Ind Cem (IndCem)

Date Weekly Closing Price Open High Low Volume
28 Tue Mar 2023 8.45 9.15 9.15 8.41 0.119 times
24 Fri Mar 2023 8.80 8.65 9.17 8.00 1.009 times
17 Fri Mar 2023 8.90 8.72 9.30 8.21 1.144 times
10 Fri Mar 2023 8.95 9.40 9.93 8.50 1.474 times
03 Fri Mar 2023 9.38 9.18 9.85 8.53 0.59 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
28 Tue Mar 2023 8.45 9.50 9.93 8.00 0.412 times
28 Tue Feb 2023 9.47 10.75 11.10 8.00 0.997 times
31 Tue Jan 2023 10.95 10.62 11.44 10.00 1.189 times
30 Fri Dec 2022 10.64 10.90 11.88 9.54 0.902 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 8, 18, 41 Sell
MACD -1, -1Buy
Stochastics 58None
CCI -46Sell
RSI 38Sell
OBV -21305Sell
VWAP 9Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

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 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 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 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 Ind Cem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ind Cem in short term but the buy signal is initial and weak.

Ind Cem 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. Bulls are getting tired and bears are picking up momentum.

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 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 8.71 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

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Daily charts

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Daily chart

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