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(DIGIDRIVE_BE) Digidrive Distributors complete technical analysis [charts+indicators] | Buy/Sell Digidrive Distributors | (DIGIDRIVE_BE) share price targets

Complete technical analysis of Digidrive Distributors (DIGIDRIVE_BE) by charts plus indicators, forecast predictions and share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Showing technical analysis as on 2024-07-18 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 16905

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	33.65	33.15	34.00	33.15	1.041 times
16 Tue Jul 2024	33.61	33.99	34.00	33.55	0.521 times
15 Mon Jul 2024	34.06	33.90	34.11	33.90	0.387 times
12 Fri Jul 2024	34.50	34.21	34.50	34.21	1.908 times
11 Thu Jul 2024	34.90	34.95	34.95	34.90	0.282 times
10 Wed Jul 2024	34.95	35.05	35.05	34.95	0.744 times
09 Tue Jul 2024	35.67	36.00	36.00	35.67	1.478 times
08 Mon Jul 2024	36.40	36.80	36.80	36.40	0.528 times
05 Fri Jul 2024	36.80	36.85	36.85	36.80	1.087 times
04 Thu Jul 2024	36.85	36.00	36.85	36.00	1.235 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.6, but if it comes above 34.6, then a intra day buy could be more profitable.
If you take a sell trade below 34.6, then use 34.6 as stoploss and 32.7 as target. However if you take a buy trade in stock , then use 34.6 as stoploss and 36.27 as target.

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	33.15
Upside Target	35.65
Upside Target	36.80
Upside Target	37.84
Upside Target	38.16
Upside Target	39.74
Upside Target	41.00
Upside Target	42.30
Upside Target	49.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	33.16
Downside Intraday Target	32.68
Upside Intraday Target	34.12
Upside Intraday Target	34.6
Downside Intraday Target	33.64

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	33.65	33.90	34.11	33.15	0.395 times
12 Fri Jul 2024	34.50	36.80	36.80	34.21	0.774 times
05 Fri Jul 2024	36.80	37.35	37.84	36.00	0.571 times
28 Fri Jun 2024	36.62	38.16	38.16	35.91	0.302 times
21 Fri Jun 2024	38.94	37.10	39.74	35.65	1.05 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 Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	33.65	37.35	37.84	33.15	0.134 times
28 Fri Jun 2024	36.62	34.80	39.74	30.85	1.631 times
31 Fri May 2024	33.90	40.65	41.00	33.55	1.65 times
30 Tue Apr 2024	40.85	38.80	42.30	36.90	0.146 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 Digidrive Distributors (DIGIDRIVE_BE)

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Digidrive Distributors in short term and the sell signal is strong.

Digidrive Distributors 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 SELL signal for Digidrive Distributors 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

Stock of Digidrive Distributors is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.27 and Digidrive Distributors (DIGIDRIVE_BE) 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 Digidrive Distributors (DIGIDRIVE_BE) stock. Volume based technical analysis of Digidrive Distributors (DIGIDRIVE_BE) stock is negative.

Digidrive Distributors 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.