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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 2024-09-02 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 111423

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	49.77	51.60	51.99	49.20	0.546 times
30 Fri Aug 2024	51.60	52.00	53.25	51.50	0.509 times
29 Thu Aug 2024	52.79	50.80	53.25	50.15	1.285 times
28 Wed Aug 2024	50.72	52.99	52.99	50.45	0.961 times
27 Tue Aug 2024	52.65	52.90	53.51	51.52	0.96 times
26 Mon Aug 2024	52.36	53.00	54.50	52.00	1.127 times
23 Fri Aug 2024	52.88	51.60	53.40	50.10	1.312 times
22 Thu Aug 2024	51.04	51.05	52.89	50.46	1.463 times
09 Fri Aug 2024	40.21	39.90	40.90	38.06	1.079 times
08 Thu Aug 2024	39.00	39.90	40.00	38.62	0.294 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 50.3 as stoploss in an intra day sell trade for a target of 42.79. However, stock will show a bullish move above 50.3.

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	38.39
Downside Target	39.74
Downside Target	40.90
Downside Target	49.20
Upside Target	50.15
Upside Target	51.99
Upside Target	53.40
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	48.65
Downside Intraday Target	47.53
Upside Intraday Target	51.44
Upside Intraday Target	53.11
Upside Intraday Target	50.32

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	49.77	51.60	51.99	49.20	0.113 times
30 Fri Aug 2024	51.60	53.00	54.50	50.15	1.745 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

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
02 Mon Sep 2024	49.77	51.60	51.99	49.20	0.047 times
30 Fri Aug 2024	51.60	35.70	54.50	33.82	2.429 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

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 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 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 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.

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 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 50.18 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 positive

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