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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 2024-08-02 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 34128

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	35.60	36.00	36.00	34.80	1.365 times
01 Thu Aug 2024	36.54	35.70	37.80	35.70	0.818 times
31 Wed Jul 2024	36.97	37.50	38.39	36.03	1.428 times
30 Tue Jul 2024	37.42	37.42	37.42	36.01	2.308 times
29 Mon Jul 2024	35.64	35.64	35.64	35.48	1.699 times
26 Fri Jul 2024	33.95	33.95	33.95	33.95	0.94 times
25 Thu Jul 2024	33.29	33.29	33.29	33.29	0.426 times
24 Wed Jul 2024	32.64	32.40	32.64	32.40	0.363 times
23 Tue Jul 2024	32.00	32.33	32.33	31.81	0.28 times
22 Mon Jul 2024	32.33	32.41	32.41	32.32	0.487 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 36.3 as stoploss in an intra day sell trade for a target of 34.69. However, stock will show a bullish move above 36.3.

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	36.00
Upside Target	36.80
Upside Target	37.80
Upside Target	37.84
Upside Target	38.39
Upside Target	39.74
Upside Target	41.00
Upside Target	42.30

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	34.14
Downside Intraday Target	32.67
Upside Intraday Target	37.73
Upside Intraday Target	39.85
Upside Intraday Target	36.26

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	35.60	35.64	38.39	34.80	3.051 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
02 Fri Aug 2024	35.60	35.70	37.80	34.80	0.139 times
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

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 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 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 tired and bears are picking up momentum.

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 Digidrive Distributors in short term but SELL signal is weak.

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 35.68 and Digidrive Distributors (DIGIDRIVE_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.