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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 2024-12-16 View latest technical analysis

10 day averaged volume of Davangere Sugar is 1681991

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	5.94	5.97	6.04	5.91	0.794 times
13 Fri Dec 2024	5.93	5.92	5.99	5.85	0.588 times
12 Thu Dec 2024	5.92	5.98	5.99	5.91	0.709 times
11 Wed Dec 2024	5.98	6.02	6.02	5.97	1.205 times
10 Tue Dec 2024	5.99	6.05	6.05	5.98	0.89 times
09 Mon Dec 2024	6.02	6.03	6.04	5.99	0.989 times
06 Fri Dec 2024	6.03	6.10	6.10	6.00	1.497 times
05 Thu Dec 2024	6.04	6.09	6.11	6.02	1.11 times
04 Wed Dec 2024	6.09	6.12	6.12	6.02	1.309 times
03 Tue Dec 2024	6.07	6.09	6.10	6.01	0.917 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6, but if it comes above 6, then a intra day buy could be more profitable.
If you take a sell trade below 6, then use 6 as stoploss and 5.9 as target. However if you take a buy trade in stock , then use 6 as stoploss and 6.02 as target.

Share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Target	5.01
Downside Target	5.83
Upside Target	6.12
Upside Target	6.18
Upside Target	6.23
Upside Target	6.55
Upside Target	6.62
Upside Target	6.82
Upside Target	7.02
Upside Target	7.78

Intraday share price targets for Davangere Sugar (DAVANGERE)

Target Type	Value
Downside Intraday Target	5.89
Downside Intraday Target	5.83
Upside Intraday Target	6.02
Upside Intraday Target	6.09
Upside Intraday Target	5.96

Weekly technical analysis of Davangere Sugar (DAVANGERE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	5.94	5.97	6.04	5.91	0.181 times
13 Fri Dec 2024	5.93	6.03	6.05	5.85	0.78 times
06 Fri Dec 2024	6.03	6.06	6.12	6.00	1.261 times
29 Fri Nov 2024	6.04	6.19	6.23	5.01	1.563 times
22 Fri Nov 2024	6.08	6.18	6.18	5.90	0.863 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 Davangere Sugar (DAVANGERE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	5.94	6.06	6.12	5.85	0.695 times
29 Fri Nov 2024	6.04	6.65	6.82	5.01	0.492 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

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 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 short to mid 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 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 Weak 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 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Davangere Sugar in short term but BUY 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 6.01 and Davangere Sugar (DAVANGERE) 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 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.