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

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

10 day averaged volume of Davangere is 21839

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon May 2023	60.25	60.50	61.56	60.00	1.544 times
26 Fri May 2023	59.91	59.90	60.50	56.25	1.694 times
25 Thu May 2023	57.66	56.21	57.99	55.00	1.078 times
24 Wed May 2023	55.75	53.01	56.45	53.00	1.852 times
23 Tue May 2023	53.92	54.50	55.50	52.00	1.004 times
22 Mon May 2023	53.17	55.00	57.15	52.75	1.104 times
19 Fri May 2023	54.54	54.01	55.85	54.00	0.595 times
18 Thu May 2023	54.39	56.97	56.97	53.75	0.744 times
17 Wed May 2023	54.82	56.50	56.50	53.00	0.581 times
16 Tue May 2023	54.17	54.00	54.20	52.99	0.812 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.8, but if it comes below 59.8, then a intra day sell could be more profitable.
If you take a sell trade below 59.8, then use 59.8 as stoploss and 56.25 as target. However if you take a buy trade in stock , then use 59.8 as stoploss and 64.1 as target.

Share price targets for Davangere (Davangere)

Target Type	Value
Downside Target	49.16
Downside Target	51.50
Downside Target	56.97
Downside Target	60.00
Upside Target	64.65
Upside Target	66.85
Upside Target	68.10
Upside Target	71.00
Upside Target	73.00
Upside Target	81.25
Upside Target	89.75

Intraday share price targets for Davangere (Davangere)

Target Type	Value
Downside Intraday Target	59.65
Downside Intraday Target	59.04
Upside Intraday Target	61.21
Upside Intraday Target	62.16
Upside Intraday Target	60.6

Weekly technical analysis of Davangere (Davangere)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon May 2023	60.25	60.50	61.56	60.00	0.229 times
26 Fri May 2023	59.91	55.00	60.50	52.00	2.06 times
19 Fri May 2023	54.54	53.12	56.97	51.50	1.143 times
12 Fri May 2023	53.12	59.90	60.65	49.16	2.294 times
05 Fri May 2023	57.77	66.05	68.10	57.25	8.921 times

Price has moved up 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 Davangere (Davangere)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon May 2023	60.25	66.05	68.10	49.16	7.15 times
28 Fri Apr 2023	68.50	54.79	71.00	52.61	0.264 times
31 Fri Mar 2023	57.67	71.00	73.00	57.67	0.949 times
28 Tue Feb 2023	72.50	81.25	81.25	66.85	1.558 times

Scroll below to view daily charts

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

Indicators analysis of Davangere (Davangere)

Price action analysis of Davangere ( (Davangere) ) 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 Davangere ( (Davangere) ) based on a short to mid 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 Davangere ( (Davangere) ) 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 Davangere stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Davangere in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Davangere Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 moving up

CCI has generated a buy signal for Davangere in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 Davangere is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 56.46 and Davangere (Davangere) 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 Davangere (Davangere) stock. Volume based technical analysis of Davangere (Davangere) stock is negative.

Davangere Stock is giving positive 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.