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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 2024-04-05 View latest technical analysis

10 day averaged volume of Datamatics Global is 219489

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	618.40	618.80	627.00	609.05	0.394 times
04 Thu Apr 2024	621.50	622.25	632.65	618.50	0.841 times
03 Wed Apr 2024	616.15	587.70	626.00	581.00	2.146 times
02 Tue Apr 2024	587.70	586.45	595.85	572.50	0.822 times
01 Mon Apr 2024	578.35	535.00	580.00	535.00	1.716 times
28 Thu Mar 2024	532.80	532.95	547.95	528.00	0.537 times
27 Wed Mar 2024	532.65	540.80	542.85	530.60	0.625 times
26 Tue Mar 2024	536.50	549.70	552.50	530.30	0.792 times
22 Fri Mar 2024	550.60	530.00	555.65	526.05	1.185 times
21 Thu Mar 2024	531.95	521.00	548.00	520.85	0.912 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 632.5, for a target of 589.3 or 553.29

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	499.15
Downside Target	528.00
Downside Target	552.50
Downside Target	567.00
Downside Target	606.90
Upside Target	632.65
Upside Target	640.00
Upside Target	681.00
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	558.05
Downside Intraday Target	497.7
Upside Intraday Target	655.7
Upside Intraday Target	693
Downside Intraday Target	595.35

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	618.40	535.00	632.65	535.00	3.03 times
28 Thu Mar 2024	532.80	549.70	552.50	528.00	0.612 times
22 Fri Mar 2024	550.60	533.15	555.65	508.05	0.878 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Datamatics Global (DATAMATICS)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	618.40	535.00	632.65	535.00	0.54 times
28 Thu Mar 2024	532.80	606.00	608.05	499.15	0.624 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

Scroll below to view daily charts

Price has moved up 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 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 Datamatics Global ( (DATAMATICS) ) based on a short to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 Datamatics Global in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 576.3 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 rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.