Examining key technical indicators reveals a mixed but predominantly positive outlook. The Moving Average Convergence Divergence (MACD) remains bullish on both weekly and monthly charts, suggesting sustained upward momentum. Similarly, Bollinger Bands indicate bullish conditions across these timeframes, reinforcing the potential for continued price strength. The daily moving averages also align with this positive trend, supporting the recent price advances.
Conversely, the Relative Strength Index (RSI) presents a bearish stance on weekly and monthly scales, indicating some caution as the stock may be approaching overbought levels in the short to medium term. The Know Sure Thing (KST) oscillator shows mild bearishness on weekly and monthly charts, adding nuance to the momentum picture. Dow Theory assessments, however, maintain a mildly bullish tone, while On-Balance Volume (OBV) readings confirm buying interest over both weekly and monthly periods.
From struggle to strength! This Small Cap from Textile - Machinery is showing early turnaround signals that look promising. Position yourself now for explosive growth potential ahead!
- Early turnaround signals
- Explosive growth potential
- Textile - Machinery recovery play
Position for Explosive Growth →
From a broader market perspective, Universal Cables . has outperformed the Sensex across multiple time horizons. The stock’s one-week return is 25.36%, significantly above the Sensex’s 0.96%. Over one month, the stock shows a 32.93% return compared to the Sensex’s 0.86%. Year-to-date figures reveal a 10.70% gain for Universal Cables ., surpassing the Sensex’s 8.36%. Longer-term returns are even more pronounced, with a one-year return of 51.49% against the Sensex’s 9.48%, and a three-year return of 218.72% compared to 37.31% for the benchmark. Over five and ten years, the stock’s returns stand at 578.73% and 1427.71%, respectively, dwarfing the Sensex’s 91.65% and 232.28% returns.
These figures highlight Universal Cables .’s strong historical performance relative to the broader market, underscoring its significance within the Cables - Electricals sector. The company’s market capitalisation grade remains modest at 3, reflecting its mid-tier positioning. The Mojo Score currently stands at 63.0, with a recent adjustment in evaluation noted on 20 Oct 2025, shifting from a previous grade of Sell to Hold. This change reflects the evolving technical landscape and market dynamics impacting the stock.
Holding Universal Cables . from Cables - Electricals? See if there's a smarter choice! SwitchER compares it with peers and suggests superior options across market caps and sectors!
- Peer comparison ready
- Superior options identified
- Cross market-cap analysis
Technical momentum for Universal Cables . is currently characterised by a blend of bullish and cautious signals. The bullish MACD and Bollinger Bands, coupled with daily moving averages, suggest that the stock is experiencing positive price momentum. However, the bearish RSI and KST indicators imply that some investors may be exercising prudence, possibly anticipating a consolidation or minor correction phase. The mildly bullish Dow Theory readings and bullish OBV support the notion of underlying buying interest, which could sustain the stock’s upward trajectory in the near term.
Investors analysing Universal Cables . should consider these technical nuances alongside the company’s historical outperformance relative to the Sensex. The stock’s recent price action, combined with its technical parameter changes, indicates a dynamic market environment where momentum shifts are influencing investor behaviour. Monitoring these indicators closely will be essential for understanding potential future price movements and market sentiment within the Cables - Electricals sector.
In summary, Universal Cables . is demonstrating a technical momentum shift that reflects a more bullish stance compared to recent weeks, supported by key indicators such as MACD, Bollinger Bands, and moving averages. The mixed signals from RSI and KST warrant attention, suggesting that while momentum is positive, some caution remains prudent. The stock’s strong relative returns versus the Sensex over various periods further contextualise its market position and investor appeal.
Limited Time Only! Subscribe for Rs. 12,999 and get 1 Year of MojoOne + an Additional Year Completely FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
