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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 2024-04-30 View latest technical analysis

10 day averaged volume of Datamatics Global is 97353

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	598.90	611.45	613.90	596.10	0.906 times
29 Mon Apr 2024	609.20	614.95	618.50	606.65	0.76 times
26 Fri Apr 2024	610.55	616.15	622.00	608.00	1.13 times
25 Thu Apr 2024	616.15	610.50	626.00	609.15	0.923 times
24 Wed Apr 2024	611.65	607.70	624.60	603.50	1.43 times
23 Tue Apr 2024	602.75	607.80	611.80	601.10	0.849 times
22 Mon Apr 2024	601.20	590.85	610.00	590.85	0.922 times
19 Fri Apr 2024	595.50	599.95	602.90	575.95	0.67 times
18 Thu Apr 2024	605.75	608.10	613.05	600.00	0.712 times
16 Tue Apr 2024	607.65	600.00	616.00	598.00	0.876 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 596.1 as stoploss in an intra day buy trade for a target of 608.78. However, stock will show a bearish move below 596.1.

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	499.15
Downside Target	535.00
Downside Target	573.15
Downside Target	590.85
Upside Target	633.95
Upside Target	640.00
Upside Target	657.90
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	590.5
Downside Intraday Target	582.1
Upside Intraday Target	612.9
Upside Intraday Target	626.9
Upside Intraday Target	604.5

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	598.90	614.95	618.50	596.10	0.317 times
26 Fri Apr 2024	610.55	590.85	626.00	590.85	1.317 times
19 Fri Apr 2024	595.50	630.00	633.95	575.95	0.455 times
12 Fri Apr 2024	639.15	623.45	657.90	607.50	0.657 times
05 Fri Apr 2024	618.40	535.00	632.65	535.00	3.03 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 Datamatics Global (DATAMATICS)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	598.90	535.00	657.90	535.00	1.335 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Datamatics Global ( (DATAMATICS) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Datamatics Global stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Datamatics Global 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Datamatics Global in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 606.61 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 positive

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