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(DRONE_SM) Drone Destination complete technical analysis [charts+indicators] | Buy/Sell Drone Destination | (DRONE_SM) share price targets

Complete technical analysis of Drone Destination (DRONE_SM) by charts plus indicators, forecast predictions and share price targets for Drone Destination (DRONE_SM)

Showing technical analysis as on 2024-04-23 View latest technical analysis

10 day averaged volume of Drone Destination is 438000

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	246.55	246.55	246.55	246.55	0.08 times
22 Mon Apr 2024	259.50	286.80	286.80	259.50	1.347 times
19 Fri Apr 2024	273.15	245.00	273.15	230.00	1.518 times
18 Thu Apr 2024	248.35	239.00	248.35	236.00	1.144 times
16 Tue Apr 2024	225.80	224.75	229.00	217.00	0.66 times
15 Mon Apr 2024	218.45	196.00	238.00	195.15	2.205 times
12 Fri Apr 2024	199.05	201.00	203.70	194.30	0.441 times
10 Wed Apr 2024	201.10	190.15	205.00	190.15	1.18 times
09 Tue Apr 2024	189.15	175.00	194.00	173.10	0.968 times
08 Mon Apr 2024	174.15	165.00	178.00	164.05	0.411 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 230.6, but if it comes below 230.6, then a intra day sell could be more profitable.
If you take a sell trade below 230.6, then use 230.6 as stoploss and 185.09 as target. However if you take a buy trade in stock , then use 230.6 as stoploss and 285.2 as target.

Share price targets for Drone Destination (DRONE_SM)

Target Type	Value
Downside Target	117.00
Downside Target	124.00
Downside Target	133.05
Downside Target	138.95
Downside Target	142.50
Downside Target	145.35
Downside Target	157.00
Downside Target	164.05
Downside Target	174.90
Downside Target	180.80
Downside Target	192.00
Downside Target	205.00
Downside Target	246.55
Upside Target	273.15
Upside Target	286.80

Intraday share price targets for Drone Destination (DRONE_SM)

Target Type	Value
Downside Intraday Target	233.13
Downside Intraday Target	219.72
Upside Intraday Target	273.38
Upside Intraday Target	300.22
Upside Intraday Target	259.97

Weekly technical analysis of Drone Destination (DRONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	246.55	286.80	286.80	246.55	0.258 times
19 Fri Apr 2024	273.15	196.00	273.15	195.15	1.842 times
12 Fri Apr 2024	199.05	165.00	205.00	164.05	1.407 times
05 Fri Apr 2024	161.40	133.05	180.80	133.05	2.267 times
28 Thu Mar 2024	131.15	136.45	138.95	124.00	1.761 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 Drone Destination (DRONE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	246.55	133.05	286.80	133.05	2.619 times
28 Thu Mar 2024	131.15	175.00	176.90	117.00	1.024 times
29 Thu Feb 2024	169.95	162.00	192.00	157.00	0.907 times
31 Wed Jan 2024	161.70	149.00	174.90	145.35	1.375 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Drone Destination (DRONE_SM)

Price action analysis of Drone Destination ( (DRONE_SM) ) 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 Drone Destination ( (DRONE_SM) ) 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 Drone Destination ( (DRONE_SM) ) 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 Drone Destination stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Drone Destination in short term and the buy signal is strong.

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

Drone Destination Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Drone Destination in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Drone Destination is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 228.9 and Drone Destination (DRONE_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Drone Destination (DRONE_SM) stock. Volume based technical analysis of Drone Destination (DRONE_SM) stock is negative.

Drone Destination Stock is giving positive 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.