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

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

10 day averaged volume of Davangere Sugar is 388865

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 100.05 101.50 101.50 98.05 1.645 times
16 Thu May 2024 99.90 101.10 101.90 97.25 0.227 times
15 Wed May 2024 99.90 100.05 102.00 98.60 0.676 times
14 Tue May 2024 98.00 97.00 102.00 96.20 1.017 times
13 Mon May 2024 96.15 99.00 99.80 94.25 0.96 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 97.7, but if it comes below 97.7, then a intra day sell could be more profitable.
If you take a sell trade below 97.7, then use 97.7 as stoploss and 94.22 as target. However if you take a buy trade in stock , then use 97.7 as stoploss and 102 as target.

Share price targets for Davangere Sugar (DAVANGERE)

Target Type Value
Downside Target 67.20
Downside Target 73.75
Downside Target 76.20
Downside Target 80.90
Downside Target 88.20
Downside Target 91.90
Downside Target 94.25
Downside Target 99.40
Upside Target 101.00
Upside Target 102.00
Upside Target 112.00
Upside Target 115.00

Intraday share price targets for Davangere Sugar (DAVANGERE)

Target Type Value
Downside Intraday Target 95.53
Downside Intraday Target 91.02
Upside Intraday Target 103.28
Upside Intraday Target 106.52
Downside Intraday Target 98.77

Weekly technical analysis of Davangere Sugar (DAVANGERE)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 100.05 99.00 102.00 94.25 0.826 times
10 Fri May 2024 99.00 95.80 99.40 88.20 1.474 times
03 Fri May 2024 93.70 94.90 96.30 89.05 1.056 times
26 Fri Apr 2024 93.70 93.85 95.50 88.70 1.533 times
19 Fri Apr 2024 87.90 82.10 90.00 80.90 0.731 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 Sugar (DAVANGERE)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 100.05 94.05 102.00 88.20 0.596 times
30 Tue Apr 2024 94.05 76.20 95.50 76.20 0.658 times
28 Thu Mar 2024 76.85 104.25 112.00 67.20 1.254 times
29 Thu Feb 2024 103.95 98.30 115.00 73.75 138.146 times

Price has moved up 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 Davangere Sugar (DAVANGERE)

Indicator Name Indicator Value Indicator Signal
ADX 19, 12, 22 Buy
MACD 4, 3Buy
Stochastics 85Buy
CCI 81Buy
RSI 51Buy
OBV 1532858Sell
VWAP 95Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

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

MACD generated a BUY signal for Davangere Sugar in short term and the buy signal is strong.

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

Davangere Sugar 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 Sugar in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Davangere Sugar is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 95.17 and Davangere Sugar (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 Sugar (DAVANGERE) stock. Volume based technical analysis of Davangere Sugar (DAVANGERE) stock is negative.

Davangere Sugar Stock is giving positive 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.

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