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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 2024-09-26 View latest technical analysis

10 day averaged volume of Digidrive Distributors is 53607

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	46.80	48.95	48.95	46.67	0.787 times
25 Wed Sep 2024	48.33	48.50	49.48	47.25	0.893 times
24 Tue Sep 2024	48.32	50.49	50.49	48.10	0.582 times
23 Mon Sep 2024	49.60	49.80	50.80	48.55	0.507 times
20 Fri Sep 2024	49.58	50.80	52.24	49.01	1.061 times
19 Thu Sep 2024	50.80	53.77	53.77	49.50	3.144 times
18 Wed Sep 2024	51.21	51.21	51.21	50.62	1.408 times
17 Tue Sep 2024	48.78	49.49	49.99	48.00	0.636 times
16 Mon Sep 2024	48.74	46.65	49.20	46.65	0.41 times
13 Fri Sep 2024	47.30	46.50	47.99	46.11	0.398 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.4, but if it comes above 47.4, then a intra day buy could be more profitable.
If you take a sell trade below 47.4, then use 47.4 as stoploss and 45.6 as target. However if you take a buy trade in stock , then use 47.4 as stoploss and 48.82 as target.

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
Upside 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	45.38
Downside Intraday Target	43.96
Upside Intraday Target	49.51
Upside Intraday Target	52.22
Upside Intraday Target	48.09

Weekly technical analysis of Digidrive Distributors (DIGIDRIVE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	46.80	49.80	50.80	46.67	0.416 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
26 Thu Sep 2024	46.80	51.60	53.77	45.45	0.772 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Digidrive Distributors stock for short term is BUY. Signal strength is Weak 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 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 coming down

CCI has generated a SELL signal for Digidrive Distributors in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Digidrive Distributors is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.61 and Digidrive Distributors (DIGIDRIVE_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.