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

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

Showing technical analysis as on 2024-05-17 View latest technical analysis

10 day averaged volume of Digidrive is 12175

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri May 2024	38.65	39.20	39.50	38.26	0.559 times
16 Thu May 2024	39.06	39.26	40.20	39.01	0.851 times
15 Wed May 2024	39.26	40.05	40.99	39.14	0.947 times
14 Tue May 2024	39.64	41.00	41.00	38.77	0.914 times
13 Mon May 2024	39.95	40.40	40.89	37.76	1.444 times
10 Fri May 2024	39.74	39.15	39.74	39.15	0.786 times
09 Thu May 2024	39.94	40.16	40.16	39.94	1.121 times
08 Wed May 2024	39.38	39.46	39.46	39.38	0.107 times
07 Tue May 2024	38.71	39.38	39.38	38.60	0.534 times
06 Mon May 2024	39.38	39.38	40.00	39.38	2.38 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.9, but if it comes above 38.9, then a intra day buy could be more profitable.
If you take a sell trade below 38.9, then use 38.9 as stoploss and 37.6 as target. However if you take a buy trade in stock , then use 38.9 as stoploss and 40.03 as target.

Share price targets for Digidrive (Digidrive)

Target Type	Value
Downside Target	34.80
Downside Target	36.56
Downside Target	37.76
Upside Target	40.16
Upside Target	41.00
Upside Target	42.30
Upside Target	42.47
Upside Target	48.50
Upside Target	49.88
Upside Target	55.90
Upside Target	66.10
Upside Target	125.15

Intraday share price targets for Digidrive (Digidrive)

Target Type	Value
Downside Intraday Target	37.27
Downside Intraday Target	35.9
Upside Intraday Target	40.51
Upside Intraday Target	42.38
Upside Intraday Target	39.14

Weekly technical analysis of Digidrive (Digidrive)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri May 2024	38.65	40.40	41.00	37.76	0.957 times
10 Fri May 2024	39.74	39.38	40.16	38.60	1.375 times
03 Fri May 2024	40.18	41.46	42.30	40.18	0.559 times
26 Fri Apr 2024	42.30	39.25	42.47	39.25	1.232 times
19 Fri Apr 2024	38.49	36.60	38.49	36.56	3.314 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 Digidrive (Digidrive)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri May 2024	38.65	40.80	41.00	37.76	0.465 times
30 Tue Apr 2024	41.16	39.05	42.47	36.56	0.252 times
28 Thu Mar 2024	38.77	48.63	49.88	34.80	1.373 times
29 Thu Feb 2024	48.63	64.02	66.10	48.50	0.652 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 Digidrive (Digidrive)

Price action analysis of Digidrive ( (Digidrive) ) 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 Digidrive ( (Digidrive) ) 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 Digidrive ( (Digidrive) ) 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 Digidrive ( (Digidrive) ) 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 Digidrive stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Digidrive 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Digidrive in short term and SELL signal is strong!

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 Digidrive is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 39.46 and Digidrive (Digidrive) 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 Digidrive (Digidrive) stock. Volume based technical analysis of Digidrive (Digidrive) stock is negative.

Digidrive 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.