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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 2024-08-09 View latest technical analysis

10 day averaged volume of Datamatics Global is 189129

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	556.40	560.05	567.45	552.00	0.325 times
08 Thu Aug 2024	555.80	571.30	571.30	555.00	0.374 times
07 Wed Aug 2024	566.00	567.30	570.65	559.35	0.333 times
06 Tue Aug 2024	565.25	549.60	574.50	549.60	0.576 times
05 Mon Aug 2024	548.40	560.00	573.85	543.00	1.189 times
02 Fri Aug 2024	583.30	600.00	600.00	577.95	1.366 times
01 Thu Aug 2024	599.60	654.00	660.90	591.60	3.215 times
31 Wed Jul 2024	651.10	660.00	660.00	648.50	0.459 times
30 Tue Jul 2024	656.50	646.60	665.15	645.60	0.806 times
29 Mon Jul 2024	644.80	653.60	662.15	641.55	0.437 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 579.2, but if it comes above 579.2, then a intra day buy could be more profitable.
If you take a sell trade below 579.2, then use 579.2 as stoploss and 532.7 as target. However if you take a buy trade in stock , then use 579.2 as stoploss and 617.99 as target.

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	541.43
Downside Intraday Target	526.47
Upside Intraday Target	572.93
Upside Intraday Target	589.47
Upside Intraday Target	557.97

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	556.40	560.00	574.50	543.00	0.445 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
09 Fri Aug 2024	556.40	654.00	660.90	543.00	0.207 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Datamatics Global is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 593.52 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.