Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-31 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 29104

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	36.97	37.50	38.39	36.03	1.675 times
30 Tue Jul 2024	37.42	37.42	37.42	36.01	2.706 times
29 Mon Jul 2024	35.64	35.64	35.64	35.48	1.992 times
26 Fri Jul 2024	33.95	33.95	33.95	33.95	1.103 times
25 Thu Jul 2024	33.29	33.29	33.29	33.29	0.5 times
24 Wed Jul 2024	32.64	32.40	32.64	32.40	0.426 times
23 Tue Jul 2024	32.00	32.33	32.33	31.81	0.328 times
22 Mon Jul 2024	32.33	32.41	32.41	32.32	0.572 times
19 Fri Jul 2024	32.97	33.65	33.65	32.97	1.467 times
18 Thu Jul 2024	33.65	33.15	34.00	33.15	0.605 times

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 34.75 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
Upside Target	37.84
Upside Target	38.39
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	35.5
Downside Intraday Target	34.04
Upside Intraday Target	38.41
Upside Intraday Target	39.86
Downside Intraday Target	36.95

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	36.97	35.64	38.39	35.48	2.177 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
31 Wed Jul 2024	36.97	37.35	38.39	31.81	0.322 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 to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

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

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

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 35.16 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 negative.

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