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(DRONE_SM) Drone Destination complete technical analysis [charts+indicators] | Buy/Sell Drone Destination | (DRONE_SM) share price targets

Complete technical analysis of Drone Destination (DRONE_SM) by charts plus indicators, forecast predictions and share price targets for Drone Destination (DRONE_SM)

Showing technical analysis as on 2024-06-21 View latest technical analysis

10 day averaged volume of Drone Destination is 171700

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	358.25	350.50	365.90	349.50	0.524 times
20 Thu Jun 2024	350.45	371.30	373.90	350.10	0.827 times
19 Wed Jun 2024	368.50	387.90	387.90	366.20	0.547 times
18 Tue Jun 2024	380.05	379.00	383.00	355.55	1.957 times
14 Fri Jun 2024	364.80	364.70	364.80	356.15	0.687 times
13 Thu Jun 2024	347.45	347.45	347.45	335.00	3.197 times
12 Wed Jun 2024	330.95	330.95	330.95	330.95	0.186 times
11 Tue Jun 2024	315.20	297.25	315.20	297.25	0.629 times
10 Mon Jun 2024	300.20	305.00	309.00	296.10	0.722 times
07 Fri Jun 2024	298.15	298.90	302.00	292.00	0.711 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 347.3, but if it comes below 347.3, then a intra day sell could be more profitable.
If you take a sell trade below 347.3, then use 347.3 as stoploss and 311.12 as target. However if you take a buy trade in stock , then use 347.3 as stoploss and 390.7 as target.

Share price targets for Drone Destination (DRONE_SM)

Target Type	Value
Downside Target	117.00
Downside Target	133.05
Downside Target	157.00
Downside Target	176.90
Downside Target	192.00
Downside Target	248.30
Downside Target	258.15
Downside Target	268.50
Downside Target	286.80
Downside Target	292.65
Downside Target	310.00
Downside Target	349.50
Upside Target	364.80
Upside Target	387.90

Intraday share price targets for Drone Destination (DRONE_SM)

Target Type	Value
Downside Intraday Target	342.53
Downside Intraday Target	326.82
Upside Intraday Target	380.93
Upside Intraday Target	403.62
Upside Intraday Target	365.22

Weekly technical analysis of Drone Destination (DRONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	358.25	379.00	387.90	349.50	0.711 times
14 Fri Jun 2024	364.80	305.00	364.80	296.10	1.482 times
07 Fri Jun 2024	298.15	295.50	302.00	258.15	1.011 times
31 Fri May 2024	281.80	292.65	292.65	268.50	1.273 times
24 Fri May 2024	278.75	288.75	294.00	263.05	0.881 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 Drone Destination (DRONE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	358.25	295.50	387.90	258.15	0.67 times
31 Fri May 2024	281.80	275.80	310.00	248.30	0.5 times
30 Tue Apr 2024	267.25	133.05	286.80	133.05	3.282 times
28 Thu Mar 2024	131.15	175.00	176.90	117.00	1.024 times

Scroll below to view daily charts

Price has moved up 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 Drone Destination (DRONE_SM)

Price action analysis of Drone Destination ( (DRONE_SM) ) 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 Drone Destination ( (DRONE_SM) ) 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 Drone Destination ( (DRONE_SM) ) 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 Drone Destination ( (DRONE_SM) ) 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 Drone Destination stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Drone Destination 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.

Drone Destination 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 moving up

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 347.74 and Drone Destination (DRONE_SM) 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 Drone Destination (DRONE_SM) stock. Volume based technical analysis of Drone Destination (DRONE_SM) stock is negative.

Drone Destination 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.