Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Digidrive Distributors is 19816

Date	Daily Closing Price	Open	High	Low	Volume
07 Tue May 2024	39.00	39.60	39.60	38.95	1.51 times
06 Mon May 2024	39.75	39.10	39.90	39.10	1.109 times
03 Fri May 2024	39.90	40.60	40.60	39.80	1.956 times
02 Thu May 2024	40.60	40.65	40.70	40.10	0.414 times
30 Tue Apr 2024	40.85	41.45	41.45	40.85	1.083 times
29 Mon Apr 2024	41.65	42.05	42.05	41.55	1.509 times
26 Fri Apr 2024	42.30	42.30	42.30	42.25	1.424 times
25 Thu Apr 2024	41.50	41.50	41.50	41.50	0.497 times
24 Wed Apr 2024	40.70	40.70	40.70	40.70	0.484 times
23 Tue Apr 2024	39.95	39.95	39.95	39.95	0.309 times

My analysis of stock is bearish for shortterm, and stock might move down till 37.4 or till 35.4. Use a stoploss of 39.14 and if the stock hits stoploss, then it can shoot up till 40.84

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	34.70
Downside Target	36.90
Downside Target	38.45
Upside Target	40.70
Upside Target	42.05
Upside Target	42.30
Upside Target	48.35
Upside Target	49.50
Upside Target	55.80
Upside Target	66.40
Upside Target	108.70

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	38.67
Downside Intraday Target	38.33
Upside Intraday Target	39.62
Upside Intraday Target	40.23
Upside Intraday Target	39.28

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Tue May 2024	39.00	39.10	39.90	38.95	0.528 times
03 Fri May 2024	39.90	42.05	42.05	39.80	1.263 times
26 Fri Apr 2024	42.30	39.20	42.30	39.20	0.765 times
19 Fri Apr 2024	38.45	37.05	38.45	36.90	0.514 times
12 Fri Apr 2024	37.00	37.55	38.80	37.00	1.037 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
07 Tue May 2024	39.00	40.65	40.70	38.95	0.159 times
30 Tue Apr 2024	40.85	38.80	42.30	36.90	0.146 times
28 Thu Mar 2024	38.80	49.00	49.50	34.70	1.042 times
29 Thu Feb 2024	48.55	64.65	66.40	48.35	1.479 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 to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Digidrive Distributors in short term but the buy 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 red color and prices are below the red 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 positive zone. This is a BUY 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 40.58 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 positive

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