Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-23 View latest technical analysis

10 day averaged volume of Datamatics Global is 90126

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	557.10	564.00	564.75	555.00	0.814 times
22 Thu Aug 2024	563.30	563.50	570.15	562.00	0.869 times
21 Wed Aug 2024	562.90	567.80	572.80	561.00	0.845 times
20 Tue Aug 2024	567.70	567.80	574.75	561.60	1.239 times
19 Mon Aug 2024	560.25	573.00	576.55	558.00	0.885 times
16 Fri Aug 2024	569.60	560.00	573.00	560.00	0.619 times
14 Wed Aug 2024	559.80	570.65	573.75	556.05	0.616 times
13 Tue Aug 2024	570.65	577.50	582.95	566.00	0.886 times
12 Mon Aug 2024	577.05	556.40	594.00	550.60	2.576 times
09 Fri Aug 2024	556.40	560.05	567.45	552.00	0.682 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 547.9 as stoploss in an intra day buy trade for a target of 583.31. However, stock will show a bearish move below 547.9.

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	450.00
Downside Target	531.95
Upside Target	574.50
Upside Target	594.00
Upside Target	600.00
Upside Target	610.95
Upside Target	648.00
Upside Target	657.90
Upside Target	659.95
Upside Target	660.90
Upside Target	665.15
Upside Target	689.70

Intraday share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Intraday Target	549.22
Downside Intraday Target	541.33
Upside Intraday Target	570.77
Upside Intraday Target	584.43
Upside Intraday Target	562.88

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	557.10	573.00	576.55	555.00	0.99 times
16 Fri Aug 2024	569.60	556.40	594.00	550.60	0.8 times
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

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
23 Fri Aug 2024	557.10	654.00	660.90	543.00	0.333 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 to mid 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 mid to longer 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.

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 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 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 566.92 and Datamatics Global (DATAMATICS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.