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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 2024-07-30 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 21883

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	37.42	37.42	37.42	36.01	3.599 times
29 Mon Jul 2024	35.64	35.64	35.64	35.48	2.649 times
26 Fri Jul 2024	33.95	33.95	33.95	33.95	1.466 times
25 Thu Jul 2024	33.29	33.29	33.29	33.29	0.664 times
24 Wed Jul 2024	32.64	32.40	32.64	32.40	0.566 times
23 Tue Jul 2024	32.00	32.33	32.33	31.81	0.437 times
22 Mon Jul 2024	32.33	32.41	32.41	32.32	0.76 times
19 Fri Jul 2024	32.97	33.65	33.65	32.97	1.951 times
18 Thu Jul 2024	33.65	33.15	34.00	33.15	0.804 times
16 Tue Jul 2024	33.61	33.99	34.00	33.55	0.402 times

Stock of Digidrive Distributors (DIGIDRIVE_BE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.4, but if it comes below 36.4, then a intra day sell could be more profitable.
If you take a sell trade below 36.4, then use 36.4 as stoploss and 34.74 as target. However if you take a buy trade in stock , then use 36.4 as stoploss and 38.4 as target.

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	32.97
Downside Target	35.48
Downside Target	36.80
Downside Target	37.42
Upside Target	37.84
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	36.13
Downside Intraday Target	34.83
Upside Intraday Target	38.07
Upside Intraday Target	38.71
Downside Intraday Target	36.77

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	37.42	35.64	37.42	35.48	1.605 times
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

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 Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	37.42	37.35	37.84	31.81	0.293 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 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 Digidrive Distributors (DIGIDRIVE_BE)

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Digidrive Distributors 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.

Digidrive Distributors Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 34.81 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 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.