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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 2024-10-04 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 48970

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	46.67	47.00	48.49	46.12	1.41 times
03 Thu Oct 2024	46.82	48.30	48.79	46.55	0.848 times
01 Tue Oct 2024	48.79	49.25	49.25	48.01	0.372 times
30 Mon Sep 2024	48.65	47.15	49.99	46.80	0.65 times
27 Fri Sep 2024	47.97	46.80	48.49	46.45	0.496 times
26 Thu Sep 2024	46.80	48.95	48.95	46.67	0.862 times
25 Wed Sep 2024	48.33	48.50	49.48	47.25	0.977 times
24 Tue Sep 2024	48.32	50.49	50.49	48.10	0.637 times
23 Mon Sep 2024	49.60	49.80	50.80	48.55	0.555 times
20 Fri Sep 2024	49.58	50.80	52.24	49.01	1.162 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47, but if it comes above 47, then a intra day buy could be more profitable.
If you take a sell trade below 47, then use 47 as stoploss and 45.4 as target. However if you take a buy trade in stock , then use 47 as stoploss and 48.28 as target.

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	33.82
Downside Target	38.39
Downside Target	39.74
Downside Target	45.45
Upside Target	48.00
Upside Target	49.25
Upside Target	49.99
Upside Target	50.80
Upside Target	51.99
Upside Target	53.77
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	45.2
Downside Intraday Target	43.72
Upside Intraday Target	49.07
Upside Intraday Target	51.46
Upside Intraday Target	47.59

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	46.67	47.15	49.99	46.12	0.93 times
27 Fri Sep 2024	47.97	49.80	50.80	46.45	0.484 times
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

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
04 Fri Oct 2024	46.67	49.25	49.25	46.12	0.121 times
30 Mon Sep 2024	48.65	51.60	53.77	45.45	0.815 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

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 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Digidrive Distributors stock for short term is SELL. Signal strength is Weak and stock is gaining 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL 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

Stock of Digidrive Distributors is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.01 and Digidrive Distributors (DIGIDRIVE_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.