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

(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 2024-10-04 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 492671

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	4737.55	4875.00	4875.00	4696.10	6.056 times
03 Thu Oct 2024	4942.60	4924.55	5015.00	4881.00	1.249 times
01 Tue Oct 2024	4954.35	5095.00	5138.00	4936.10	1.142 times
30 Mon Sep 2024	5096.30	5102.30	5215.00	5080.00	0.887 times
27 Fri Sep 2024	5102.30	5224.60	5226.00	5090.00	1.15 times
26 Thu Sep 2024	5198.05	5313.45	5313.45	5164.00	0.756 times
25 Wed Sep 2024	5265.50	5400.00	5417.50	5232.00	1.074 times
24 Tue Sep 2024	5391.45	5304.95	5484.85	5231.15	1.366 times
23 Mon Sep 2024	5297.45	5355.15	5363.00	5260.25	0.364 times
20 Fri Sep 2024	5320.55	5360.00	5417.95	5225.10	1.215 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 4849, for a target of 5042.4 or 5203.62

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	4301.00
Downside Target	4612.50
Upside Target	4801.00
Upside Target	4951.00
Upside Target	5090.00
Upside Target	5215.00
Upside Target	5219.00
Upside Target	5361.15
Upside Target	5443.95
Upside Target	5449.00
Upside Target	5484.85

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	4550.77
Downside Intraday Target	4363.98
Upside Intraday Target	5069.67
Upside Intraday Target	5401.78
Upside Intraday Target	4882.88

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Oct 2024	4737.55	5102.30	5215.00	4696.10	1.981 times
27 Fri Sep 2024	5102.30	5355.15	5484.85	5090.00	1.5 times
20 Fri Sep 2024	5320.55	5188.05	5443.95	5176.15	0.693 times
13 Fri Sep 2024	5187.05	5303.45	5449.00	5155.00	0.776 times
06 Fri Sep 2024	5303.45	4977.00	5361.15	4951.00	1.095 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
04 Fri Oct 2024	4737.55	5095.00	5138.00	4696.10	0.442 times
30 Mon Sep 2024	5096.30	4977.00	5484.85	4951.00	1.066 times
30 Fri Aug 2024	4927.45	4949.00	5164.00	4801.00	0.708 times
31 Wed Jul 2024	4935.95	4725.10	5205.00	4612.50	0.979 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 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 Avenue Supermarts ( (DMART) ) 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 Avenue Supermarts ( (DMART) ) 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 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 and the sell signal is strong.

Avenue Supermarts Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 4997.2 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 negative.

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