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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 2024-07-26 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 16577

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.95	33.95	33.95	33.95	1.936 times
25 Thu Jul 2024	33.29	33.29	33.29	33.29	0.877 times
24 Wed Jul 2024	32.64	32.40	32.64	32.40	0.747 times
23 Tue Jul 2024	32.00	32.33	32.33	31.81	0.576 times
22 Mon Jul 2024	32.33	32.41	32.41	32.32	1.003 times
19 Fri Jul 2024	32.97	33.65	33.65	32.97	2.575 times
18 Thu Jul 2024	33.65	33.15	34.00	33.15	1.062 times
16 Tue Jul 2024	33.61	33.99	34.00	33.55	0.531 times
15 Mon Jul 2024	34.06	33.90	34.11	33.90	0.395 times
12 Fri Jul 2024	34.50	34.21	34.50	34.21	1.945 times

My analysis of stock is bearish for shortterm, and stock might move down till 33.1 or till 31.1. Use a stoploss of 34.79 and if the stock hits stoploss, then it can shoot up till 36.47

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	32.97
Upside Target	35.91
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	32.52
Downside Intraday Target	31.1
Upside Intraday Target	34.66
Upside Intraday Target	35.38
Downside Intraday Target	33.24

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.95	32.41	33.95	31.81	1.126 times
19 Fri Jul 2024	32.97	33.90	34.11	32.97	0.906 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

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 Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	33.95	37.35	37.84	31.81	0.211 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a SELL signal for Digidrive Distributors 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.

Digidrive Distributors 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Digidrive Distributors in short term and BUY 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 Digidrive Distributors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.42 and Digidrive Distributors (DIGIDRIVE_BE) 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 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.