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(DEN) Den Networks complete technical analysis [charts+indicators] | Buy/Sell Den Networks | (DEN) share price targets

Complete technical analysis of Den Networks (DEN) by charts plus indicators, forecast predictions and share price targets for Den Networks (DEN)

Den Networks trades in NSE in Broadcasting & Cable TV sector.

Showing technical analysis as on 2024-02-02 View latest technical analysis

10 day averaged volume of Den Networks is 4028588

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.95	59.80	60.60	57.60	1.117 times
01 Thu Feb 2024	59.65	61.30	61.60	59.40	0.664 times
31 Wed Jan 2024	61.00	61.95	62.30	60.75	0.624 times
30 Tue Jan 2024	61.65	60.40	62.70	60.40	1.537 times
29 Mon Jan 2024	59.95	59.95	61.70	59.20	1.128 times
25 Thu Jan 2024	59.50	59.30	60.00	57.90	0.794 times
24 Wed Jan 2024	59.10	58.60	60.00	57.50	1.213 times
23 Tue Jan 2024	58.70	60.55	61.50	58.20	1.187 times
22 Mon Jan 2024	60.55	61.60	62.90	60.30	0.663 times
19 Fri Jan 2024	61.20	62.00	63.25	60.40	0.926 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 56.8 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 61.22 as target.

Share price targets for Den Networks (DEN)

Target Type	Value
Downside Target	42.45
Downside Target	45.00
Downside Target	51.50
Downside Target	55.35
Downside Target	57.50
Upside Target	61.30
Upside Target	61.60
Upside Target	62.70
Upside Target	62.90
Upside Target	65.00
Upside Target	69.40

Intraday share price targets for Den Networks (DEN)

Target Type	Value
Downside Intraday Target	56.13
Downside Intraday Target	54.32
Upside Intraday Target	61.23
Upside Intraday Target	64.52
Upside Intraday Target	59.42

Weekly technical analysis of Den Networks (DEN)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.95	59.95	62.70	57.60	1.315 times
25 Thu Jan 2024	59.50	61.60	62.90	57.50	0.509 times
19 Fri Jan 2024	61.20	64.65	65.00	58.65	0.393 times
12 Fri Jan 2024	64.10	59.40	69.40	59.30	3.073 times
05 Fri Jan 2024	58.90	57.30	60.85	55.80	2.41 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 Den Networks (DEN)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	57.95	61.30	61.60	57.60	0.044 times
31 Wed Jan 2024	61.00	57.30	69.40	55.80	1.663 times
29 Fri Dec 2023	57.10	55.40	61.30	51.50	1.035 times
30 Thu Nov 2023	54.75	46.60	59.75	45.00	0.928 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 Den Networks (DEN)

Price action analysis of Den Networks ( (DEN) ) 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 Den Networks ( (DEN) ) 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 Den Networks ( (DEN) ) 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 Den Networks ( (DEN) ) based on a mid to longer 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.

ADX buy sell signal for Den Networks stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Den Networks 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 Den Networks 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 Den Networks is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.9 and Den Networks (DEN) 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 Den Networks (DEN) stock. Volume based technical analysis of Den Networks (DEN) stock is negative.

Den Networks 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.