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(DATAMATICS) Datamatics Global complete technical analysis [charts+indicators] | Buy/Sell Datamatics Global | (DATAMATICS) share price targets

Complete technical analysis of Datamatics Global (DATAMATICS) by charts plus indicators, forecast predictions and share price targets for Datamatics Global (DATAMATICS)

Datamatics Global trades in NSE in IT Software Products sector.

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

10 day averaged volume of Datamatics Global is 191501

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	555.80	571.30	571.30	555.00	0.369 times
07 Wed Aug 2024	566.00	567.30	570.65	559.35	0.329 times
06 Tue Aug 2024	565.25	549.60	574.50	549.60	0.569 times
05 Mon Aug 2024	548.40	560.00	573.85	543.00	1.174 times
02 Fri Aug 2024	583.30	600.00	600.00	577.95	1.349 times
01 Thu Aug 2024	599.60	654.00	660.90	591.60	3.175 times
31 Wed Jul 2024	651.10	660.00	660.00	648.50	0.454 times
30 Tue Jul 2024	656.50	646.60	665.15	645.60	0.796 times
29 Mon Jul 2024	644.80	653.60	662.15	641.55	0.432 times
26 Fri Jul 2024	650.65	630.00	659.95	630.00	1.229 times

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 542.1, for a target of 585.5 or 621.6

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	450.00
Downside Target	531.95
Upside Target	574.50
Upside Target	600.00
Upside Target	624.30
Upside Target	648.00
Upside Target	657.90
Upside Target	659.95
Upside Target	660.90
Upside Target	665.15
Upside Target	678.95
Upside Target	682.25
Upside Target	689.70

Intraday share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Intraday Target	541.03
Downside Intraday Target	526.27
Upside Intraday Target	572.53
Upside Intraday Target	589.27
Upside Intraday Target	557.77

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	555.80	560.00	574.50	543.00	0.393 times
02 Fri Aug 2024	583.30	653.60	665.15	577.95	1.732 times
26 Fri Jul 2024	650.65	652.00	659.95	600.00	0.485 times
19 Fri Jul 2024	651.45	651.00	678.95	631.05	1.465 times
12 Fri Jul 2024	645.35	680.30	682.25	624.30	0.289 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 Datamatics Global (DATAMATICS)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	555.80	654.00	660.90	543.00	0.198 times
31 Wed Jul 2024	651.10	625.00	689.70	600.00	1.225 times
28 Fri Jun 2024	619.30	560.30	648.00	450.00	2.606 times
31 Fri May 2024	549.30	598.90	610.95	531.95	0.656 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 Datamatics Global (DATAMATICS)

Price action analysis of Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global ( (DATAMATICS) ) 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 Datamatics Global stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Datamatics Global in short term and the sell signal is strong.

Datamatics Global 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 Datamatics Global in short term and SELL signal is strong!

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 Datamatics Global is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 601.83 and Datamatics Global (DATAMATICS) 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 Datamatics Global (DATAMATICS) stock. Volume based technical analysis of Datamatics Global (DATAMATICS) stock is negative.

Datamatics Global 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.