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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 2024-10-29 View latest technical analysis

10 day averaged volume of Datamatics Global is 76894

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	563.80	568.55	571.35	554.40	0.762 times
28 Mon Oct 2024	561.65	563.30	566.85	546.00	0.682 times
25 Fri Oct 2024	555.45	570.00	570.00	542.55	0.798 times
24 Thu Oct 2024	567.10	575.00	579.45	559.00	0.539 times
23 Wed Oct 2024	575.00	566.45	585.75	550.80	1.156 times
22 Tue Oct 2024	566.45	588.95	593.95	565.00	0.879 times
21 Mon Oct 2024	588.95	591.45	606.10	579.40	1.256 times
18 Fri Oct 2024	591.45	598.50	598.50	586.10	1.087 times
17 Thu Oct 2024	598.45	602.00	617.40	591.30	1.691 times
16 Wed Oct 2024	606.25	608.50	611.95	598.00	0.989 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 568.3, but if it comes above 568.3, then a intra day buy could be more profitable.
If you take a sell trade below 568.3, then use 568.3 as stoploss and 543.7 as target. However if you take a buy trade in stock , then use 568.3 as stoploss and 588.78 as target.

Share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Target	450.00
Downside Target	542.55
Downside Target	558.00
Upside Target	571.35
Upside Target	600.00
Upside Target	630.00
Upside Target	631.30
Upside Target	648.00
Upside Target	689.70
Upside Target	709.40
Upside Target	740.00

Intraday share price targets for Datamatics Global (DATAMATICS)

Target Type	Value
Downside Intraday Target	549.42
Downside Intraday Target	535.03
Upside Intraday Target	574.77
Upside Intraday Target	585.73
Downside Intraday Target	560.38

Weekly technical analysis of Datamatics Global (DATAMATICS)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	563.80	563.30	571.35	546.00	0.312 times
25 Fri Oct 2024	555.45	591.45	606.10	542.55	0.833 times
18 Fri Oct 2024	591.45	611.35	617.40	586.10	0.53 times
11 Fri Oct 2024	611.35	595.60	630.00	558.00	2.278 times
04 Fri Oct 2024	587.40	629.95	631.30	579.95	0.768 times

Price has moved up 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
29 Tue Oct 2024	563.80	604.00	630.00	542.55	0.679 times
30 Mon Sep 2024	609.25	694.50	709.40	602.75	0.219 times
30 Fri Aug 2024	692.55	654.00	740.00	543.00	1.981 times
31 Wed Jul 2024	651.10	625.00	689.70	600.00	1.225 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Datamatics Global stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up

CCI has generated a buy signal for Datamatics Global in short term but BUY 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

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 581.19 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.