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

(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 2023-05-23 View latest technical analysis

10 day averaged volume of Dhruv is 5800

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue May 2023	49.89	49.45	50.00	49.00	0.414 times
22 Mon May 2023	48.47	50.75	51.19	47.70	0.559 times
19 Fri May 2023	51.00	48.95	51.23	48.95	0.773 times
18 Thu May 2023	50.95	50.95	50.95	50.95	0.034 times
17 Wed May 2023	49.51	49.75	50.35	49.51	0.081 times
16 Tue May 2023	50.11	50.10	51.55	50.04	1.162 times
15 Mon May 2023	54.00	53.55	56.31	52.20	1.419 times
12 Fri May 2023	52.00	52.00	53.65	51.30	0.473 times
11 Thu May 2023	52.84	54.00	54.00	52.80	0.063 times
10 Wed May 2023	53.10	52.80	54.04	52.31	5.185 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.3, but if it comes above 50.3, then a intra day buy could be more profitable.
If you take a sell trade below 50.3, then use 50.3 as stoploss and 47.9 as target. However if you take a buy trade in stock , then use 50.3 as stoploss and 52.27 as target.

Share price targets for Dhruv (Dhruv)

Target Type	Value
Downside Target	43.26
Downside Target	47.70
Downside Target	48.95
Upside Target	50.57
Upside Target	56.31
Upside Target	56.55
Upside Target	56.85
Upside Target	62.69
Upside Target	65.50
Upside Target	71.90

Intraday share price targets for Dhruv (Dhruv)

Target Type	Value
Downside Intraday Target	48
Downside Intraday Target	46.1
Upside Intraday Target	51.49
Upside Intraday Target	53.08
Downside Intraday Target	49.59

Weekly technical analysis of Dhruv (Dhruv)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue May 2023	49.89	50.75	51.19	47.70	0.28 times
19 Fri May 2023	51.00	53.55	56.31	48.95	0.53 times
12 Fri May 2023	52.00	52.05	54.04	50.57	2.961 times
05 Fri May 2023	53.20	56.00	56.85	52.00	0.125 times
28 Fri Apr 2023	56.47	50.55	62.69	49.10	3.241 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
23 Tue May 2023	49.89	56.00	56.85	47.70	0.304 times
28 Fri Apr 2023	56.47	44.10	62.69	44.10	3.493 times
31 Fri Mar 2023	44.14	55.30	56.55	43.26	0.833 times
28 Tue Feb 2023	54.00	58.00	65.50	52.70	0.213 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)

Price action analysis of Dhruv ( (Dhruv) ) 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Dhruv stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Dhruv 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 moving up

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

RSI is generating a SELL signal in short term but selling is losing 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 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 52.25 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.