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Stock analysis Digidrive Distributors L DIGIDRIVE

More indepth analysis on MunafaSutra.com

Moving Averages for Digidrive Distributors L

  • 5Day Average: 40.62
  • 12Day Average: 41.3
  • 20Day Average: 42.8
  • 50Day Average: 42.75

DIGIDRIVE Indicators & signals

Indicator MACD (12,26,9)

41.39, 42.54, -0.85
Indicator MACD is in negative zone

Indicator ADX (14)

0.9, 18.46, 18.79
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DIGIDRIVE Digidrive Distributors L are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 39.35 38.36 to 41.62 -3.88% 2.19 times
20 Mon Jan 2025 40.94 40.60 to 42.80 -2.48% 1.42 times
17 Fri Jan 2025 41.98 40.47 to 43.90 3.5% 1.48 times
16 Thu Jan 2025 40.56 40.01 to 42.02 0.72% 1.02 times
15 Wed Jan 2025 40.27 39.60 to 43.29 -4.05% 1.61 times
14 Tue Jan 2025 41.97 39.00 to 42.40 8.82% 1.04 times
13 Mon Jan 2025 38.57 38.20 to 41.66 0% 0.82 times
13 Mon Jan 2025 38.57 38.20 to 41.66 -6.41% 0.82 times
10 Fri Jan 2025 41.21 40.40 to 44.55 -4.45% 0.84 times
09 Thu Jan 2025 43.13 43.00 to 45.45 -3.3% 0.26 times
08 Wed Jan 2025 44.60 43.86 to 45.50 0.36% 0.69 times
07 Tue Jan 2025 44.44 44.30 to 46.59 -2.71% 0.84 times

Technical analysis forecast for Digidrive Distributors L Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Digidrive Distributors L DIGIDRIVE at this time. Stock is falling and might fall more.

It appears as if Digidrive Distributors L DIGIDRIVE gave a large move recently.

Stock of Digidrive Distributors L (DIGIDRIVE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Digidrive Distributors L is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Digidrive Distributors L stays below 39.7, but if it comes above 39.7, then a intra day buy could be more profitable.
If you take a sell trade below 39.7, then use 39.7 as stoploss and 36.7 as target. However if you take a buy trade in Digidrive Distributors L, then use 39.7 as stoploss and 42.17 as target.

More indepth analysis on MunafaSutra.com