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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 2024-08-06 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 37915

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	37.80	35.12	37.88	35.12	1.756 times
05 Mon Aug 2024	36.08	34.85	37.28	33.82	1.335 times
02 Fri Aug 2024	35.60	36.00	36.00	34.80	1.229 times
01 Thu Aug 2024	36.54	35.70	37.80	35.70	0.736 times
31 Wed Jul 2024	36.97	37.50	38.39	36.03	1.285 times
30 Tue Jul 2024	37.42	37.42	37.42	36.01	2.077 times
29 Mon Jul 2024	35.64	35.64	35.64	35.48	1.529 times
26 Fri Jul 2024	33.95	33.95	33.95	33.95	0.846 times
25 Thu Jul 2024	33.29	33.29	33.29	33.29	0.383 times
24 Wed Jul 2024	32.64	32.40	32.64	32.40	0.327 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 38.4, for a target of 36.4 or 34.73

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	36.80
Downside Target	36.90
Upside Target	37.88
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	35.12
Downside Intraday Target	32.44
Upside Intraday Target	39.18
Upside Intraday Target	40.56
Downside Intraday Target	36.5

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	37.80	34.85	37.88	33.82	0.451 times
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

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
06 Tue Aug 2024	37.80	35.70	37.88	33.82	0.356 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 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 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 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 and the buy signal is strong.

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 green color and prices are above the green 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 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 36.26 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.