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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 2024-09-20 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 55897

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	49.58	50.80	52.24	49.01	1.018 times
19 Thu Sep 2024	50.80	53.77	53.77	49.50	3.015 times
18 Wed Sep 2024	51.21	51.21	51.21	50.62	1.35 times
17 Tue Sep 2024	48.78	49.49	49.99	48.00	0.61 times
16 Mon Sep 2024	48.74	46.65	49.20	46.65	0.393 times
13 Fri Sep 2024	47.30	46.50	47.99	46.11	0.382 times
12 Thu Sep 2024	46.11	47.50	48.20	45.45	0.922 times
11 Wed Sep 2024	47.28	48.10	48.88	46.52	0.727 times
10 Tue Sep 2024	48.21	47.87	49.18	46.50	0.55 times
09 Mon Sep 2024	46.87	48.00	49.89	46.51	1.214 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.7 or till 45.4. Use a stoploss of 49.59 and if the stock hits stoploss, then it can shoot up till 51.48

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	38.39
Downside Target	39.74
Downside Target	41.00
Downside Target	45.45
Downside Target	46.65
Downside Target	48.00
Upside Target	49.89
Upside Target	51.99
Upside Target	53.40
Upside Target	53.77
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	46.23
Downside Intraday Target	42.88
Upside Intraday Target	53.35
Upside Intraday Target	57.12
Upside Intraday Target	50

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	49.58	46.65	53.77	46.65	1.683 times
13 Fri Sep 2024	47.30	48.00	49.89	45.45	0.729 times
06 Fri Sep 2024	48.71	51.60	51.99	48.00	0.54 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

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
20 Fri Sep 2024	49.58	51.60	53.77	45.45	0.659 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 SELL signal for Digidrive Distributors in short term but the sell signal is initial and weak.

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 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 49.12 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.