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(DNAMEDIA_BE) Diligent Media complete technical analysis [charts+indicators] | Buy/Sell Diligent Media | (DNAMEDIA_BE) share price targets

Complete technical analysis of Diligent Media (DNAMEDIA_BE) by charts plus indicators, forecast predictions and share price targets for Diligent Media (DNAMEDIA_BE)

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Diligent Media is 246386

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	7.88	7.88	7.88	7.88	0.086 times
14 Wed Aug 2024	8.05	8.50	8.84	8.05	0.684 times
13 Tue Aug 2024	8.48	8.30	8.55	8.25	2.313 times
12 Mon Aug 2024	8.15	8.12	8.15	8.03	1.662 times
09 Fri Aug 2024	7.77	7.77	7.77	7.20	1.245 times
08 Thu Aug 2024	7.40	7.06	7.41	7.06	1.637 times
07 Wed Aug 2024	7.06	6.98	7.07	6.45	1.655 times
17 Fri May 2024	4.35	4.15	4.35	4.15	0.45 times
16 Thu May 2024	4.15	4.25	4.25	4.00	0.147 times
15 Wed May 2024	4.15	4.25	4.25	4.15	0.089 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.2, but if it comes below 7.2, then a intra day sell could be more profitable.
If you take a sell trade below 7.2, then use 7.2 as stoploss and 5.51 as target. However if you take a buy trade in stock , then use 7.2 as stoploss and 9.3 as target.

Share price targets for Diligent Media (DNAMEDIA_BE)

Target Type	Value
Downside Target	4.00
Downside Target	4.10
Downside Target	4.30
Downside Target	4.60
Downside Target	5.20
Downside Target	6.45
Downside Target	6.80
Downside Target	7.77
Downside Target	7.88
Upside Target	8.84

Intraday share price targets for Diligent Media (DNAMEDIA_BE)

Target Type	Value
Downside Intraday Target	7.56
Downside Intraday Target	7.24
Upside Intraday Target	8.52
Upside Intraday Target	9.16
Upside Intraday Target	8.2

Weekly technical analysis of Diligent Media (DNAMEDIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	7.88	8.12	8.84	7.88	1.046 times
09 Fri Aug 2024	7.77	6.98	7.77	6.45	4.665 times
17 Fri May 2024	4.35	4.00	4.35	4.00	0.467 times
10 Fri May 2024	4.15	4.55	4.60	4.10	5.202 times
03 Fri May 2024	4.35	4.30	4.40	4.30	0.909 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 Diligent Media (DNAMEDIA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	7.88	6.98	8.84	6.45	2.831 times
17 Fri May 2024	4.35	4.40	4.60	4.00	1.722 times
30 Tue Apr 2024	4.35	4.65	4.65	4.10	0.549 times
28 Thu Mar 2024	4.65	5.10	5.20	4.00	0.955 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Diligent Media (DNAMEDIA_BE)

Price action analysis of Diligent Media ( (DNAMEDIA_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 Diligent Media ( (DNAMEDIA_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 Diligent Media ( (DNAMEDIA_BE) ) 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 Diligent Media ( (DNAMEDIA_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 Diligent Media stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Diligent Media in short term and the buy signal is strong.

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

Diligent Media Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Diligent Media 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 Diligent Media is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.6 and Diligent Media (DNAMEDIA_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 Diligent Media (DNAMEDIA_BE) stock. Volume based technical analysis of Diligent Media (DNAMEDIA_BE) stock is negative.

Diligent Media 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.