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

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

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Dra is 19000

Date Daily Closing Price Open High Low Volume
08 Mon Apr 2024 33.04 38.90 38.90 32.51 3.289 times
05 Fri Apr 2024 37.36 31.50 37.36 31.50 5.526 times
04 Thu Apr 2024 31.14 31.14 31.14 31.14 0.789 times
03 Wed Apr 2024 28.31 28.30 28.31 28.30 0.658 times
02 Tue Apr 2024 25.74 25.70 25.74 25.70 0.395 times
01 Mon Apr 2024 23.40 23.40 23.40 23.40 0.132 times
27 Wed Mar 2024 25.00 23.56 26.00 23.56 1.184 times
22 Fri Mar 2024 25.89 25.90 25.90 25.89 0.263 times
20 Wed Mar 2024 24.00 23.99 24.00 23.99 0.263 times
19 Tue Mar 2024 24.00 24.00 24.00 24.00 0.263 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 32, but if it comes below 32, then a intra day sell could be more profitable.
If you take a sell trade below 32, then use 32 as stoploss and 28.26 as target. However if you take a buy trade in stock , then use 32 as stoploss and 36.6 as target.

Share price targets for Dra (Dra)

Target Type Value
Downside Target 23.40
Downside Target 24.85
Downside Target 25.90
Downside Target 26.76
Downside Target 27.00
Downside Target 32.51
Upside Target 33.45
Upside Target 35.98
Upside Target 37.36
Upside Target 38.90
Upside Target 39.93

Intraday share price targets for Dra (Dra)

Target Type Value
Downside Intraday Target 30.73
Downside Intraday Target 28.43
Upside Intraday Target 37.12
Upside Intraday Target 41.21
Upside Intraday Target 34.82

Weekly technical analysis of Dra (Dra)

Date Weekly Closing Price Open High Low Volume
08 Mon Apr 2024 33.04 38.90 38.90 32.51 0.439 times
05 Fri Apr 2024 37.36 23.40 37.36 23.40 6.333 times
27 Wed Mar 2024 25.00 23.56 26.00 23.56 1.5 times
22 Fri Mar 2024 25.89 24.00 25.90 23.99 1.5 times
13 Wed Mar 2024 25.00 23.95 25.00 23.91 0.5 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 Dra (Dra)

Date Monthly Closing Price Open High Low Volume
08 Mon Apr 2024 33.04 23.40 38.90 23.40 3.037 times
27 Wed Mar 2024 25.00 26.10 27.00 23.56 0.429 times
29 Thu Feb 2024 27.25 32.80 35.98 26.76 0.441 times
31 Wed Jan 2024 35.98 29.50 39.93 25.22 2.466 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 Dra (Dra)

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

Price action analysis of Dra ( (Dra) ) based on a mid to longer 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.

ADX buy sell signal for Dra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Dra 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.

Dra 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 Dra 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 Dra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.96 and Dra (Dra) 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 Dra (Dra) stock. Volume based technical analysis of Dra (Dra) stock is negative.

Dra 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.

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

Price action analysis of Dra ( (Dra) ) based on a mid to longer 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.

ADX buy sell signal for Dra stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Dra 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.

Dra 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 Dra 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 Dra is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 32.96 and Dra (Dra) 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 Dra (Dra) stock. Volume based technical analysis of Dra (Dra) stock is negative.

Dra 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.

Click here for Dra charts

Click here for further forecast and predictions for tomorrow

Daily charts

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