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(DOLATALGO) Dolat Algotech complete technical analysis [charts+indicators] | Buy/Sell Dolat Algotech | (DOLATALGO) share price targets

Complete technical analysis of Dolat Algotech (DOLATALGO) by charts plus indicators, forecast predictions and share price targets for Dolat Algotech (DOLATALGO)

Showing technical analysis as on 2024-05-31 View latest technical analysis

10 day averaged volume of Dolat Algotech is 1424535

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	135.65	138.00	140.20	133.00	0.361 times
30 Thu May 2024	136.45	144.00	145.40	136.00	0.611 times
29 Wed May 2024	143.10	130.00	144.60	128.05	1.516 times
28 Tue May 2024	130.35	139.00	139.95	129.05	0.713 times
27 Mon May 2024	137.30	144.95	145.00	135.65	0.76 times
24 Fri May 2024	143.50	148.95	152.95	142.40	0.562 times
23 Thu May 2024	148.50	146.15	153.00	145.65	0.597 times
22 Wed May 2024	144.95	150.55	153.95	142.15	0.839 times
21 Tue May 2024	150.70	168.40	169.15	149.05	1.947 times
18 Sat May 2024	162.40	156.00	162.40	156.00	0.597 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 131.3 as stoploss in an intra day buy trade for a target of 140.18. However, stock will show a bearish move below 131.3.

Share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Target	59.25
Downside Target	62.20
Downside Target	69.00
Downside Target	80.60
Downside Target	88.65
Downside Target	93.40
Downside Target	113.05
Downside Target	125.00
Downside Target	128.00
Upside Target	139.65
Upside Target	142.15
Upside Target	145.40
Upside Target	162.40
Upside Target	169.15

Intraday share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Intraday Target	127.33
Downside Intraday Target	119.02
Upside Intraday Target	144.68
Upside Intraday Target	153.72
Upside Intraday Target	136.37

Weekly technical analysis of Dolat Algotech (DOLATALGO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	135.65	144.95	145.40	128.05	1.004 times
24 Fri May 2024	143.50	168.40	169.15	142.15	0.548 times
18 Sat May 2024	162.40	134.40	162.40	128.00	0.61 times
10 Fri May 2024	133.45	118.85	139.65	113.05	1.563 times
03 Fri May 2024	116.20	116.00	125.00	113.20	0.63 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 Dolat Algotech (DOLATALGO)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Fri May 2024	135.65	124.00	169.15	113.05	0.789 times
30 Tue Apr 2024	122.70	69.00	125.00	69.00	6.77 times
28 Thu Mar 2024	68.25	70.15	80.60	59.25	0.402 times
29 Thu Feb 2024	70.70	90.70	93.40	69.55	0.705 times

Scroll below to view daily charts

Price has moved up 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 Dolat Algotech (DOLATALGO)

Price action analysis of Dolat Algotech ( (DOLATALGO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Dolat Algotech 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Dolat Algotech 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 Dolat Algotech is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 144.4 and Dolat Algotech (DOLATALGO) 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 Dolat Algotech (DOLATALGO) stock. Volume based technical analysis of Dolat Algotech (DOLATALGO) stock is negative.

Dolat Algotech 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.