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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)

10 day averaged volume of Davangere Sugar is 316636

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu May 2024	90.40	90.65	93.80	89.20	2.261 times
08 Wed May 2024	89.40	92.00	93.00	88.20	2.038 times
07 Tue May 2024	91.95	94.45	94.45	90.50	0.579 times
06 Mon May 2024	93.00	95.80	95.80	90.25	0.401 times
03 Fri May 2024	93.70	95.00	96.30	93.05	0.371 times
02 Thu May 2024	94.80	94.05	95.50	93.80	0.189 times
30 Tue Apr 2024	94.05	92.00	94.50	91.95	0.636 times
29 Mon Apr 2024	91.55	94.90	94.95	89.05	3.366 times
26 Fri Apr 2024	93.70	92.55	94.75	92.55	0.866 times
25 Thu Apr 2024	93.95	93.85	94.85	92.70	0.868 times

Stock of Davangere Sugar (DAVANGERE) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 93.9 or till 98.5. Use a stoploss of 90.03 and if this stock hits its stoploss, then it can fall down till 86.19

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	88.20
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	87.13
Downside Intraday Target	83.87
Upside Intraday Target	94.73
Upside Intraday Target	99.07
Upside Intraday Target	91.47

Weekly technical analysis of Davangere Sugar (DAVANGERE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu May 2024	90.40	95.80	95.80	88.20	1.157 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
09 Thu May 2024	90.40	94.05	96.30	88.20	0.271 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 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 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 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 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 SELL signal for Davangere Sugar in short term but the sell signal is initial and weak.

Davangere Sugar 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 green color and prices are in or below the green 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

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 91.62 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.