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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 2024-10-23 View latest technical analysis

10 day averaged volume of Avenue Supermarts is 1172732

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	4156.10	4009.00	4224.80	3978.00	0.586 times
22 Tue Oct 2024	4005.20	3999.90	4057.00	3965.90	0.595 times
21 Mon Oct 2024	3973.45	4000.05	4073.00	3961.00	0.422 times
18 Fri Oct 2024	3986.70	4100.00	4114.00	3975.10	0.934 times
17 Thu Oct 2024	4087.70	4175.00	4180.00	4044.00	0.624 times
16 Wed Oct 2024	4173.80	4209.00	4215.00	4149.00	0.587 times
15 Tue Oct 2024	4193.55	4230.00	4238.95	4180.60	1.156 times
14 Mon Oct 2024	4183.60	4204.00	4299.00	4139.95	4.158 times
11 Fri Oct 2024	4572.70	4643.10	4643.10	4529.00	0.35 times
10 Thu Oct 2024	4607.50	4664.80	4698.90	4572.00	0.27 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4118.8 as stoploss in an intra day buy trade for a target of 4544.6. However, stock will show a bearish move below 4118.8.

Share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Target	3961.00
Upside Target	4224.80
Upside Target	4435.00
Upside Target	4612.50
Upside Target	4951.00
Upside Target	5090.00
Upside Target	5138.00
Upside Target	5164.00
Upside Target	5205.00
Upside Target	5215.00
Upside Target	5219.00
Upside Target	5484.85

Intraday share price targets for Avenue Supermarts (DMART)

Target Type	Value
Downside Intraday Target	4003.13
Downside Intraday Target	3850.17
Upside Intraday Target	4266.93
Upside Intraday Target	4377.77
Downside Intraday Target	4113.97

Weekly technical analysis of Avenue Supermarts (DMART)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	4156.10	4000.05	4224.80	3961.00	0.215 times
18 Fri Oct 2024	3986.70	4204.00	4299.00	3975.10	1.877 times
11 Fri Oct 2024	4572.70	4741.00	4752.90	4435.00	1.014 times
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

Price has moved up 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 Avenue Supermarts (DMART)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	4156.10	5095.00	5138.00	3961.00	2.066 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Avenue Supermarts stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 moving up

CCI has generated a buy signal for Avenue Supermarts in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 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 4163.14 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.