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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 2024-09-24 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 52839

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	48.32	50.49	50.49	48.10	0.59 times
23 Mon Sep 2024	49.60	49.80	50.80	48.55	0.514 times
20 Fri Sep 2024	49.58	50.80	52.24	49.01	1.077 times
19 Thu Sep 2024	50.80	53.77	53.77	49.50	3.189 times
18 Wed Sep 2024	51.21	51.21	51.21	50.62	1.428 times
17 Tue Sep 2024	48.78	49.49	49.99	48.00	0.645 times
16 Mon Sep 2024	48.74	46.65	49.20	46.65	0.416 times
13 Fri Sep 2024	47.30	46.50	47.99	46.11	0.404 times
12 Thu Sep 2024	46.11	47.50	48.20	45.45	0.975 times
11 Wed Sep 2024	47.28	48.10	48.88	46.52	0.769 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 47.6 as stoploss in an intra day buy trade for a target of 49.23. However, stock will show a bearish move below 47.6.

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
Upside Target	49.89
Upside Target	51.99
Upside Target	53.77
Upside Target	54.50

Intraday share price targets for Digidrive Distributors (DIGIDRIVE_BE)

Target Type	Value
Downside Intraday Target	47.35
Downside Intraday Target	46.37
Upside Intraday Target	50.05
Upside Intraday Target	51.77
Upside Intraday Target	49.07

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	48.32	49.80	50.80	48.10	0.163 times
20 Fri Sep 2024	49.58	46.65	53.77	46.65	1.683 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

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 Digidrive Distributors (DIGIDRIVE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Tue Sep 2024	48.32	51.60	53.77	45.45	0.703 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 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a short to mid 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 Digidrive Distributors ( (DIGIDRIVE_BE) ) based on a mid to longer 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.

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

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

Digidrive Distributors Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Digidrive Distributors in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 49.43 and Digidrive Distributors (DIGIDRIVE_BE) 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 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.