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(DUCON_BE) Ducon Infratechnologies complete technical analysis [charts+indicators] | Buy/Sell Ducon Infratechnologies | (DUCON_BE) share price targets

Complete technical analysis of Ducon Infratechnologies (DUCON_BE) by charts plus indicators, forecast predictions and share price targets for Ducon Infratechnologies (DUCON_BE)

Showing technical analysis as on 2024-03-22 View latest technical analysis

10 day averaged volume of Ducon Infratechnologies is 240547

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	8.25	8.50	8.50	8.05	3.698 times
21 Thu Mar 2024	8.45	7.65	8.45	7.65	7.893 times
20 Wed Mar 2024	8.05	8.05	8.05	8.05	0.441 times
19 Tue Mar 2024	8.45	8.45	8.45	8.45	0.301 times
18 Mon Mar 2024	8.90	8.90	8.90	8.90	0.431 times
15 Fri Mar 2024	9.35	9.35	9.35	9.35	0.098 times
14 Thu Mar 2024	9.50	9.50	9.50	9.50	0.127 times
13 Wed Mar 2024	9.70	9.70	9.70	9.70	0.075 times
12 Tue Mar 2024	9.90	9.90	9.90	9.90	0.136 times
11 Mon Mar 2024	10.10	10.10	10.10	10.10	0.234 times

Stock of Ducon Infratechnologies (DUCON_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.9, but if it comes above 8.9, then a intra day buy could be more profitable.
If you take a sell trade below 8.9, then use 8.9 as stoploss and 7.8 as target. However if you take a buy trade in stock , then use 8.9 as stoploss and 9.72 as target.

Share price targets for Ducon Infratechnologies (DUCON_BE)

Target Type	Value
Downside Target	7.50
Downside Target	7.65
Downside Target	8.20
Upside Target	8.90
Upside Target	9.20
Upside Target	9.80
Upside Target	10.00
Upside Target	10.65
Upside Target	10.70
Upside Target	10.80
Upside Target	10.90
Upside Target	12.50
Upside Target	12.75

Intraday share price targets for Ducon Infratechnologies (DUCON_BE)

Target Type	Value
Downside Intraday Target	7.63
Downside Intraday Target	7.02
Upside Intraday Target	8.88
Upside Intraday Target	9.52
Upside Intraday Target	8.27

Weekly technical analysis of Ducon Infratechnologies (DUCON_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	8.25	8.90	8.90	7.65	19.054 times
15 Fri Mar 2024	9.35	10.10	10.10	9.35	0.089 times
07 Thu Mar 2024	10.30	10.90	10.90	10.30	1.441 times
02 Sat Mar 2024	10.70	9.95	10.70	9.80	0.976 times
23 Fri Feb 2024	10.00	10.80	10.80	10.00	4.522 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ducon Infratechnologies (DUCON_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	8.25	10.50	10.90	7.65	0.602 times
29 Thu Feb 2024	10.30	10.60	12.50	9.80	0.395 times
31 Wed Jan 2024	10.65	9.40	12.75	9.20	1.103 times
29 Fri Dec 2023	9.15	8.60	10.65	8.20	1.317 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 Ducon Infratechnologies (DUCON_BE)

Price action analysis of Ducon Infratechnologies ( (DUCON_BE) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ducon Infratechnologies ( (DUCON_BE) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Ducon Infratechnologies ( (DUCON_BE) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Ducon Infratechnologies stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Ducon Infratechnologies in short term and the sell signal is strong.

Ducon Infratechnologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ducon Infratechnologies in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Ducon Infratechnologies is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 8.46 and Ducon Infratechnologies (DUCON_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 Ducon Infratechnologies (DUCON_BE) stock. Volume based technical analysis of Ducon Infratechnologies (DUCON_BE) stock is negative.

Ducon Infratechnologies 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.