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(DMART) Avenue Supermarts complete technical analysis [charts+indicators] | Buy/Sell Avenue Supermarts | (DMART) share price targets

Complete technical analysis of Avenue Supermarts (DMART) by charts plus indicators, forecast predictions and share price targets for Avenue Supermarts (DMART)

Showing technical analysis as on 2024-08-23 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 287419

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	4901.50	5045.00	5088.80	4880.00	2.794 times
22 Thu Aug 2024	5057.85	5145.00	5145.00	5021.15	1.229 times
21 Wed Aug 2024	5099.45	5095.00	5164.00	5051.85	2.771 times
20 Tue Aug 2024	5079.20	5008.00	5095.95	4987.70	1.114 times
19 Mon Aug 2024	5002.70	5040.00	5048.00	4982.05	0.598 times
16 Fri Aug 2024	5021.30	4995.00	5025.00	4902.70	0.674 times
14 Wed Aug 2024	4960.30	4950.00	5020.00	4913.30	0.983 times
13 Tue Aug 2024	4929.50	5039.95	5048.00	4905.50	0.482 times
12 Mon Aug 2024	5013.80	4999.00	5025.00	4960.55	0.582 times
09 Fri Aug 2024	4989.95	5033.00	5063.80	4971.35	0.355 times

Stock of Avenue Supermarts (DMART) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4918.1, but if it comes above 4918.1, then a intra day buy could be more profitable.
If you take a sell trade below 4918.1, then use 4918.1 as stoploss and 4829.8 as target. However if you take a buy trade in stock , then use 4918.1 as stoploss and 4991.63 as target.

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	4250.40
Downside Target	4400.05
Downside Target	4612.50
Downside Target	4801.00
Upside Target	5048.00
Upside Target	5063.90
Upside Target	5164.00
Upside Target	5175.55
Upside Target	5205.00
Upside Target	5219.00

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	4799.67
Downside Intraday Target	4697.83
Upside Intraday Target	5083.67
Upside Intraday Target	5265.83
Upside Intraday Target	4981.83

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	4901.50	5040.00	5164.00	4880.00	3.125 times
16 Fri Aug 2024	5021.30	4999.00	5048.00	4902.70	0.342 times
09 Fri Aug 2024	4989.95	4861.50	5063.90	4801.00	1.085 times
02 Fri Aug 2024	4909.70	5144.00	5175.55	4883.00	0.937 times
26 Fri Jul 2024	5071.60	4955.00	5205.00	4922.75	0.6 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Avenue Supermarts (DMART)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	4901.50	4949.00	5164.00	4801.00	0.497 times
31 Wed Jul 2024	4935.95	4725.10	5205.00	4612.50	0.979 times
28 Fri Jun 2024	4716.75	4392.95	5219.00	4301.00	1.531 times
31 Fri May 2024	4302.15	4609.95	4924.20	4250.40	0.858 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 Avenue Supermarts (DMART)

Price action analysis of Avenue Supermarts ( (DMART) ) 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 Avenue Supermarts ( (DMART) ) 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 Avenue Supermarts ( (DMART) ) 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 Avenue Supermarts ( (DMART) ) 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 Avenue Supermarts stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Avenue Supermarts in short term but the sell signal is initial and weak.

Avenue Supermarts Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Avenue Supermarts in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Avenue Supermarts is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5009.25 and Avenue Supermarts (DMART) 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 Avenue Supermarts (DMART) stock. Volume based technical analysis of Avenue Supermarts (DMART) stock is negative.

Avenue Supermarts 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.