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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 2024-03-21 View latest technical analysis

10 day averaged volume of Datamatics Global is 130777

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	531.95	521.00	548.00	520.85	1.53 times
20 Wed Mar 2024	518.60	513.60	526.70	508.05	0.714 times
19 Tue Mar 2024	513.60	526.80	528.00	511.30	0.468 times
18 Mon Mar 2024	526.80	533.15	534.75	523.05	0.654 times
15 Fri Mar 2024	525.30	523.85	539.35	515.45	0.757 times
14 Thu Mar 2024	520.20	504.00	532.00	503.40	1.423 times
13 Wed Mar 2024	503.75	536.15	546.15	499.15	1.714 times
12 Tue Mar 2024	536.40	552.30	562.00	532.85	1.183 times
11 Mon Mar 2024	552.30	579.40	580.00	541.65	1.023 times
07 Thu Mar 2024	575.35	585.00	591.00	571.60	1.071 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 527.3 as stoploss in an intra day buy trade for a target of 565.19. However, stock will show a bearish move below 527.3.

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	499.15
Upside Target	548.00
Upside Target	560.00
Upside Target	606.90
Upside Target	619.00
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	510.67
Downside Intraday Target	489.38
Upside Intraday Target	550.62
Upside Intraday Target	569.28
Downside Intraday Target	529.33

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	531.95	533.15	548.00	508.05	0.552 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
21 Thu Mar 2024	531.95	606.00	608.05	499.15	0.446 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 but selling is losing 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 Datamatics Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.15 and Datamatics Global (DATAMATICS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.