Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(DOLATALGO) Dolat Algotech complete technical analysis [charts+indicators] | Buy/Sell Dolat Algotech | (DOLATALGO) share price targets

Complete technical analysis of Dolat Algotech (DOLATALGO) by charts plus indicators, forecast predictions and share price targets for Dolat Algotech (DOLATALGO)

Showing technical analysis as on 2024-01-23 View latest technical analysis

10 day averaged volume of Dolat Algotech is 754735

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	63.15	67.35	67.35	62.50	0.447 times
22 Mon Jan 2024	66.15	66.75	67.00	65.60	0.235 times
19 Fri Jan 2024	65.75	64.85	66.40	64.80	0.206 times
18 Thu Jan 2024	64.30	64.20	65.70	62.30	0.283 times
17 Wed Jan 2024	64.55	65.45	66.20	63.90	0.416 times
16 Tue Jan 2024	65.65	67.45	67.85	64.10	0.532 times
15 Mon Jan 2024	67.00	68.75	68.75	66.05	0.687 times
12 Fri Jan 2024	68.00	70.40	70.80	67.65	0.766 times
11 Thu Jan 2024	69.45	70.40	74.05	69.00	3.747 times
10 Wed Jan 2024	69.30	66.55	71.05	65.50	2.763 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.7, but if it comes above 63.7, then a intra day buy could be more profitable.
If you take a sell trade below 63.7, then use 63.7 as stoploss and 61.5 as target. However if you take a buy trade in stock , then use 63.7 as stoploss and 65.51 as target.

Share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Target	46.50
Downside Target	53.50
Downside Target	55.90
Downside Target	61.50
Upside Target	64.80
Upside Target	67.25
Upside Target	67.35
Upside Target	68.75
Upside Target	71.30
Upside Target	71.90
Upside Target	74.05

Intraday share price targets for Dolat Algotech (DOLATALGO)

Target Type	Value
Downside Intraday Target	61.32
Downside Intraday Target	59.48
Upside Intraday Target	66.17
Upside Intraday Target	69.18
Upside Intraday Target	64.33

Weekly technical analysis of Dolat Algotech (DOLATALGO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	63.15	66.75	67.35	62.50	0.321 times
19 Fri Jan 2024	65.75	68.75	68.75	62.30	0.262 times
12 Fri Jan 2024	68.00	65.20	74.05	64.80	4.939 times
05 Fri Jan 2024	65.50	62.70	67.25	62.20	1.263 times
29 Fri Dec 2023	62.50	63.10	65.75	61.50	0.698 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 Dolat Algotech (DOLATALGO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jan 2024	63.15	62.70	74.05	62.20	1.506 times
29 Fri Dec 2023	62.50	65.30	71.90	61.50	0.624 times
30 Thu Nov 2023	64.80	59.00	71.30	55.90	0.783 times
31 Tue Oct 2023	58.50	47.40	65.25	47.00	3.053 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 Dolat Algotech (DOLATALGO)

Price action analysis of Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech ( (DOLATALGO) ) based on a short to mid 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 Dolat Algotech ( (DOLATALGO) ) 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 Dolat Algotech stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

Dolat Algotech 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Dolat Algotech 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Dolat Algotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 68.15 and Dolat Algotech (DOLATALGO) 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 Dolat Algotech (DOLATALGO) stock. Volume based technical analysis of Dolat Algotech (DOLATALGO) stock is negative.

Dolat Algotech Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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