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(DATAMATICS) Datamatics Global complete technical analysis [charts+indicators] | Buy/Sell Datamatics Global | (DATAMATICS) share price targets

Complete technical analysis of Datamatics Global (DATAMATICS) by charts plus indicators, forecast predictions and share price targets for Datamatics Global (DATAMATICS)

Datamatics Global trades in NSE in IT Software Products sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Datamatics Global is 121502

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	526.80	533.15	534.75	523.05	0.704 times
15 Fri Mar 2024	525.30	523.85	539.35	515.45	0.815 times
14 Thu Mar 2024	520.20	504.00	532.00	503.40	1.531 times
13 Wed Mar 2024	503.75	536.15	546.15	499.15	1.845 times
12 Tue Mar 2024	536.40	552.30	562.00	532.85	1.273 times
11 Mon Mar 2024	552.30	579.40	580.00	541.65	1.101 times
07 Thu Mar 2024	575.35	585.00	591.00	571.60	1.153 times
06 Wed Mar 2024	586.85	591.00	593.10	567.00	1.068 times
05 Tue Mar 2024	590.30	595.25	597.50	589.00	0.467 times
04 Mon Mar 2024	595.25	606.00	606.90	593.20	0.64 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 542.5, but if it comes above 542.5, then a intra day buy could be more profitable.
If you take a sell trade below 542.5, then use 542.5 as stoploss and 501 as target. However if you take a buy trade in stock , then use 542.5 as stoploss and 577.11 as target.

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	499.15
Downside Target	523.05
Upside Target	534.75
Upside Target	560.00
Upside Target	606.90
Upside Target	627.95
Upside Target	640.00
Upside Target	681.00
Upside Target	694.00
Upside Target	723.05
Upside Target	775.80
Upside Target	791.50

Intraday share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Intraday Target	521.65
Downside Intraday Target	516.5
Upside Intraday Target	533.35
Upside Intraday Target	539.9
Upside Intraday Target	528.2

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	526.80	533.15	534.75	523.05	0.107 times
15 Fri Mar 2024	525.30	579.40	580.00	499.15	1.973 times
07 Thu Mar 2024	575.35	606.00	606.90	567.00	0.66 times
02 Sat Mar 2024	602.65	609.95	627.95	592.00	1.048 times
23 Fri Feb 2024	607.15	608.90	619.00	588.00	0.41 times

Price has moved up 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 Datamatics Global (DATAMATICS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	526.80	606.00	608.05	499.15	0.354 times
29 Thu Feb 2024	604.75	696.70	723.05	573.15	1 times
31 Wed Jan 2024	696.65	737.00	775.80	681.00	0.315 times
29 Fri Dec 2023	724.25	640.00	791.50	640.00	1.753 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 Datamatics Global (DATAMATICS)

Price action analysis of Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global ( (DATAMATICS) ) based on a short 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 Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Datamatics Global in short term and the sell signal is strong.

Datamatics Global Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Datamatics Global in short term but BUY signal is weak.

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 Datamatics Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 543.79 and Datamatics Global (DATAMATICS) 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 Datamatics Global (DATAMATICS) stock. Volume based technical analysis of Datamatics Global (DATAMATICS) stock is negative.

Datamatics Global 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.