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(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 2024-11-28 View latest technical analysis

10 day averaged volume of Davangere Sugar is 1387391

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	6.07	6.06	6.14	6.03	1.37 times
27 Wed Nov 2024	6.05	6.18	6.18	6.02	0.984 times
26 Tue Nov 2024	6.04	6.03	6.10	5.01	1.274 times
25 Mon Nov 2024	6.04	6.19	6.23	6.01	0.959 times
22 Fri Nov 2024	6.08	5.95	6.16	5.94	0.856 times
21 Thu Nov 2024	5.96	6.07	6.09	5.90	0.844 times
19 Tue Nov 2024	6.06	6.00	6.10	6.00	1.069 times
18 Mon Nov 2024	5.99	6.18	6.18	5.95	0.686 times
14 Thu Nov 2024	6.07	5.99	6.13	5.96	0.987 times
13 Wed Nov 2024	5.99	6.18	6.23	5.94	1.518 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 6 as stoploss in an intra day buy trade for a target of 6.27. However, stock will show a bearish move below 6.

Share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Target	5.01
Downside Target	5.62
Downside Target	5.83
Upside Target	6.18
Upside Target	6.36
Upside Target	6.55
Upside Target	6.82
Upside Target	7.02
Upside Target	7.23
Upside Target	7.78
Upside Target	10.19

Intraday share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Intraday Target	5.31
Downside Intraday Target	4.55
Upside Intraday Target	6.53
Upside Intraday Target	6.99
Downside Intraday Target	5.77

Weekly technical analysis of Davangere Sugar (DAVANGERE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	6.07	6.19	6.23	5.01	1.327 times
22 Fri Nov 2024	6.08	6.18	6.18	5.90	0.863 times
14 Thu Nov 2024	6.07	6.64	6.64	5.62	0.737 times
08 Fri Nov 2024	6.56	6.75	6.82	6.36	0.858 times
01 Fri Nov 2024	6.64	6.02	6.68	5.87	0.699 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
28 Thu Nov 2024	6.07	6.65	6.82	5.01	0.471 times
31 Thu Oct 2024	6.46	6.99	7.02	5.83	0.373 times
30 Mon Sep 2024	6.99	7.75	7.78	6.62	0.675 times
30 Fri Aug 2024	7.47	7.53	7.78	6.55	0.509 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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

MACD generated a BUY signal for Davangere Sugar in short term but the buy signal is initial and weak.

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 stronger in this stock.

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

CCI has generated a SELL signal for Davangere Sugar in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Davangere Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.04 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 falling down

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 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.