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

(DAVANGERE) Davangere Sugar complete technical analysis [charts+indicators] | Buy/Sell Davangere Sugar | (DAVANGERE) share price targets

Complete technical analysis of Davangere Sugar (DAVANGERE) by charts plus indicators, forecast predictions and share price targets for Davangere Sugar (DAVANGERE)

Showing technical analysis as on 2024-05-06 View latest technical analysis

10 day averaged volume of Davangere Sugar is 330433

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon May 2024	93.00	95.80	95.80	90.25	0.384 times
03 Fri May 2024	93.70	95.00	96.30	93.05	0.355 times
02 Thu May 2024	94.80	94.05	95.50	93.80	0.181 times
30 Tue Apr 2024	94.05	92.00	94.50	91.95	0.61 times
29 Mon Apr 2024	91.55	94.90	94.95	89.05	3.225 times
26 Fri Apr 2024	93.70	92.55	94.75	92.55	0.83 times
25 Thu Apr 2024	93.95	93.85	94.85	92.70	0.832 times
24 Wed Apr 2024	93.65	93.90	95.50	92.60	0.658 times
23 Tue Apr 2024	92.55	93.80	93.80	90.50	0.463 times
22 Mon Apr 2024	90.75	93.85	93.85	88.70	1.354 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 93.6 as stoploss in an intra day sell trade for a target of 89.8. However, stock will show a bullish move above 93.6.

Share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Target	67.20
Downside Target	73.75
Downside Target	76.20
Downside Target	80.90
Downside Target	83.05
Downside Target	88.70
Upside Target	95.50
Upside Target	95.80
Upside Target	96.30
Upside Target	101.00
Upside Target	112.00
Upside Target	115.00

Intraday share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Intraday Target	90.23
Downside Intraday Target	87.47
Upside Intraday Target	95.78
Upside Intraday Target	98.57
Upside Intraday Target	93.02

Weekly technical analysis of Davangere Sugar (DAVANGERE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon May 2024	93.00	95.80	95.80	90.25	0.088 times
03 Fri May 2024	93.70	94.90	96.30	89.05	1.056 times
26 Fri Apr 2024	93.70	93.85	95.50	88.70	1.533 times
19 Fri Apr 2024	87.90	82.10	90.00	80.90	0.731 times
12 Fri Apr 2024	84.70	90.00	90.50	83.05	0.589 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 Davangere Sugar (DAVANGERE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Mon May 2024	93.00	94.05	96.30	90.25	0.045 times
30 Tue Apr 2024	94.05	76.20	95.50	76.20	0.658 times
28 Thu Mar 2024	76.85	104.25	112.00	67.20	1.254 times
29 Thu Feb 2024	103.95	98.30	115.00	73.75	138.146 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 Davangere Sugar (DAVANGERE)

Price action analysis of Davangere Sugar ( (DAVANGERE) ) 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 Davangere Sugar ( (DAVANGERE) ) 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 Davangere Sugar ( (DAVANGERE) ) 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 Davangere Sugar stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Davangere Sugar 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.

Davangere Sugar 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 Davangere Sugar 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 Davangere Sugar is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 92.45 and Davangere Sugar (DAVANGERE) 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 Davangere Sugar (DAVANGERE) stock. Volume based technical analysis of Davangere Sugar (DAVANGERE) stock is negative.

Davangere Sugar 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.