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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)

10 day averaged volume of Decan Cement is 755

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 607.60 617.90 619.85 604.35 3.383 times
15 Wed May 2024 619.45 615.05 619.45 612.10 0.082 times
14 Tue May 2024 613.20 608.50 619.60 608.50 0.197 times
13 Mon May 2024 607.50 604.00 622.00 596.00 0.67 times
10 Fri May 2024 609.35 612.00 612.00 603.80 0.087 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 611.1, but if it comes above 611.1, then a intra day buy could be more profitable.
If you take a sell trade below 611.1, then use 611.1 as stoploss and 597.1 as target. However if you take a buy trade in stock , then use 611.1 as stoploss and 622.76 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 596.00
Upside Target 617.50
Upside Target 639.95
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 595.07
Downside Intraday Target 582.53
Upside Intraday Target 621.07
Upside Intraday Target 634.53
Upside Intraday Target 608.53

Weekly technical analysis of Decan Cement (DecanCement)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 607.60 604.00 622.00 596.00 0.789 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
19 Fri Apr 2024 612.15 550.05 629.85 550.05 0.62 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
16 Thu May 2024 607.60 634.05 642.30 596.00 0.27 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

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, 17, 14 Sell
MACD -1, 3Sell
Stochastics 33None
CCI -60Sell
RSI 45Sell
OBV 1888Sell
VWAP 618Sell
ADL 0Sell
ROC -4Sell
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 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 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 Weak 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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

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 617.86 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.

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