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(DIGIDRIVE_BE) Digidrive Distributors complete technical analysis [charts+indicators] | Buy/Sell Digidrive Distributors | (DIGIDRIVE_BE) share price targets

Complete technical analysis of Digidrive Distributors (DIGIDRIVE_BE) by charts plus indicators, forecast predictions and share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Showing technical analysis as on 2024-09-18 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 45435

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	51.21	51.21	51.21	50.62	1.661 times
17 Tue Sep 2024	48.78	49.49	49.99	48.00	0.75 times
16 Mon Sep 2024	48.74	46.65	49.20	46.65	0.484 times
13 Fri Sep 2024	47.30	46.50	47.99	46.11	0.47 times
12 Thu Sep 2024	46.11	47.50	48.20	45.45	1.134 times
11 Wed Sep 2024	47.28	48.10	48.88	46.52	0.895 times
10 Tue Sep 2024	48.21	47.87	49.18	46.50	0.676 times
09 Mon Sep 2024	46.87	48.00	49.89	46.51	1.493 times
06 Fri Sep 2024	48.71	49.95	50.76	48.00	1.03 times
05 Thu Sep 2024	49.94	50.89	50.89	49.01	1.105 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 51.8 as stoploss in an intra day sell trade for a target of 49.77. However, stock will show a bullish move above 51.8.

Share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Target	30.85
Downside Target	31.81
Downside Target	33.55
Downside Target	38.39
Downside Target	39.74
Downside Target	41.00
Downside Target	45.45
Downside Target	46.65
Downside Target	48.00
Downside Target	49.89
Downside Target	51.21
Upside Target	51.99
Upside Target	53.40
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	48.17
Downside Intraday Target	45.13
Upside Intraday Target	52.73
Upside Intraday Target	54.25
Downside Intraday Target	49.69

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	51.21	46.65	51.21	46.65	0.62 times
13 Fri Sep 2024	47.30	48.00	49.89	45.45	0.729 times
06 Fri Sep 2024	48.71	51.60	51.99	48.00	0.54 times
30 Fri Aug 2024	51.60	53.00	54.50	50.15	1.745 times
23 Fri Aug 2024	52.88	51.05	53.40	50.10	0.807 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 Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	51.21	51.60	51.99	45.45	0.486 times
30 Fri Aug 2024	51.60	35.70	54.50	33.82	2.429 times
31 Wed Jul 2024	36.97	37.35	38.39	31.81	0.322 times
28 Fri Jun 2024	36.62	34.80	39.74	30.85	1.631 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 Digidrive Distributors (DIGIDRIVE_BE)

Price action analysis of Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a mid to longer 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.

ADX buy sell signal for Digidrive Distributors stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Digidrive Distributors in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Digidrive Distributors 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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Digidrive Distributors in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Digidrive Distributors is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 48.46 and Digidrive Distributors (DIGIDRIVE_BE) 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 Digidrive Distributors (DIGIDRIVE_BE) stock. Volume based technical analysis of Digidrive Distributors (DIGIDRIVE_BE) stock is negative.

Digidrive Distributors 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.