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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 2024-08-27 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 89210

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	52.65	52.90	53.51	51.52	1.198 times
26 Mon Aug 2024	52.36	53.00	54.50	52.00	1.407 times
23 Fri Aug 2024	52.88	51.60	53.40	50.10	1.638 times
22 Thu Aug 2024	51.04	51.05	52.89	50.46	1.827 times
09 Fri Aug 2024	40.21	39.90	40.90	38.06	1.347 times
08 Thu Aug 2024	39.00	39.90	40.00	38.62	0.367 times
07 Wed Aug 2024	39.42	35.91	39.60	35.91	1.265 times
06 Tue Aug 2024	37.80	35.12	37.88	35.12	0.746 times
05 Mon Aug 2024	36.08	34.85	37.28	33.82	0.567 times
02 Fri Aug 2024	35.60	36.00	36.00	34.80	0.522 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 54.4, for a target of 46 or 39.04

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	33.55
Downside Target	34.80
Downside Target	36.90
Downside Target	38.39
Downside Target	39.74
Downside Target	40.90
Downside Target	42.30
Downside Target	50.10
Downside Target	51.52
Upside Target	53.40
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	51.28
Downside Intraday Target	49.91
Upside Intraday Target	54.26
Upside Intraday Target	55.87
Upside Intraday Target	52.89

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	52.65	53.00	54.50	51.52	0.752 times
23 Fri Aug 2024	52.88	51.05	53.40	50.10	0.807 times
09 Fri Aug 2024	40.21	34.85	40.90	33.82	1.473 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

Price has moved down 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
27 Tue Aug 2024	52.65	35.70	54.50	33.82	1.858 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, and volume has increased substantially. This means that the move can 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 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 mid to longer 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.

ADX buy sell signal for Digidrive Distributors stock for short term is BUY. Signal strength is Strong and stock is losing 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 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 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 46.14 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.