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

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

Showing technical analysis as on 2022-05-09 View latest technical analysis

10 day averaged volume of Dhruv is 10841

Date Daily Closing Price Open High Low Volume
09 Mon May 2022 57.90 60.80 60.80 56.15 0.508 times
06 Fri May 2022 60.25 59.60 61.05 57.95 1.455 times
05 Thu May 2022 59.95 62.80 62.80 59.00 1.272 times
04 Wed May 2022 60.15 66.15 66.15 59.00 0.613 times
02 Mon May 2022 61.50 59.50 62.00 55.00 0.275 times
29 Fri Apr 2022 59.65 61.65 63.30 58.70 0.96 times
28 Thu Apr 2022 60.95 65.00 66.50 57.85 2.408 times
27 Wed Apr 2022 56.70 58.80 58.85 56.05 0.611 times
26 Tue Apr 2022 58.25 59.90 60.90 58.00 0.967 times
25 Mon Apr 2022 59.70 62.55 62.55 58.55 0.252 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 56.4 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 61.49 as target.

Share price targets for Dhruv (Dhruv)

Target Type Value
Downside Target 47.00
Downside Target 55.00
Upside Target 59.80
Upside Target 62.70
Upside Target 63.55
Upside Target 66.15
Upside Target 66.40
Upside Target 66.50
Upside Target 70.00

Intraday share price targets for Dhruv (Dhruv)

Target Type Value
Downside Intraday Target 55.77
Downside Intraday Target 53.63
Upside Intraday Target 60.42
Upside Intraday Target 62.93
Upside Intraday Target 58.28

Weekly technical analysis of Dhruv (Dhruv)

Date Weekly Closing Price Open High Low Volume
09 Mon May 2022 57.90 60.80 60.80 56.15 0.141 times
06 Fri May 2022 60.25 59.50 66.15 55.00 0.695 times
29 Fri Apr 2022 59.65 62.55 66.50 56.05 0.818 times
22 Fri Apr 2022 61.75 64.80 66.40 60.65 3.464 times
13 Wed Apr 2022 64.25 63.40 70.00 61.80 0.227 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 Dhruv (Dhruv)

Date Monthly Closing Price Open High Low Volume
09 Mon May 2022 57.90 59.50 66.15 55.00 0.181 times
29 Fri Apr 2022 59.65 63.70 70.00 56.05 1.547 times
31 Thu Mar 2022 61.95 48.90 63.55 47.00 1.333 times
28 Mon Feb 2022 48.75 58.15 59.80 47.55 0.468 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 Dhruv (Dhruv)

Indicator Name Indicator Value Indicator Signal
ADX 22, 19, 6 Buy
MACD 0, 1Sell
Stochastics 38None
CCI -95Sell
RSI 53Buy
OBV -26979Sell
VWAP 60Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Dhruv ( (Dhruv) ) 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 Dhruv ( (Dhruv) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Dhruv ( (Dhruv) ) based on a short to mid 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 Dhruv ( (Dhruv) ) 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 Dhruv stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Dhruv Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 59.78 and Dhruv (Dhruv) 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 Dhruv (Dhruv) stock. Volume based technical analysis of Dhruv (Dhruv) stock is negative.

Dhruv Stock has given negative 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 Dhruv charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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